Extending construction linkage measures by the consideration of the impact of capital

Yu Song, Chunlu Liu, Craig Ashley Langston

Research output: Contribution to journalArticleResearchpeer-review

3 Citations (Scopus)

Abstract

Construction linkage is a well‐established research field. However, a significant limitation in previous linkage research is that the flow of capital goods is not addressed. Using the OECD input–output tables, this research first generates a new input–output model considering capital as an intermediate factor. Using the new model, the construction linkages are recalculated and investigated in order to evaluate further the role of construction in national economies. The findings verify that traditional construction linkages were extremely underestimated in previous research. Furthermore, the effect of capital on construction shows a declining trend over the examined period. After considering the effect of capital, most values and rankings of backward and forward linkages show a decreasing trend, which confirms the declining role of the construction sector with economic maturity.
Original languageEnglish
Pages (from-to)1207-1216
Number of pages10
JournalConstruction Management and Economics
Volume24
Issue number11
DOIs
Publication statusPublished - 2006
Externally publishedYes

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