Mikulić, D; Lovrinčević, Ž and Keček, D (2021) Valorization of economic effects from the programme of energy renovation of public buildings in Croatia. Building Research & Information, 49(5), pp. 561-573. ISSN 0961-3218
Abstract
The aim of this paper is to determine the socio-economic effects of investing in an energy-efficient renovation of public buildings in the Republic of Croatia. Valorization of economic effects is based on the gross value added and jobs that were induced by energy renovation. Analysis techniques of an open and closed input–output model were used for the quantification of multiplicative economic effects connected to the energy renovation. While the open input–output model quantifies indirect effects, the model closed by personal expenses quantifies induced effects which are the result of the income growth in the household sector induced by direct and indirect effects of investments in the renovation of public buildings. The results indicate positive economic effects of investing in the energy renovation of public building. Total effects include short-term effects, during the implementation period of the renovation project, as well as long-term effects related to the energy savings and redirecting the resources to another category of final expenses. Besides having a positive effect on the construction sector, energy renovation encourages the activity of other sectors involved in the value-added chain of the construction industry.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | employment; energy efficiency; gross value added; input–output analysis; public buildings |
| Index terms: | construction sector, public building, indirect effect, Croatia, programme, construction industry, implementation, renovation, income, energy-saving, household, employment, energy renovation, quantification, energy efficiency |
| Subjects: | industry analysis, project controls, demography, measurement and scaling, Geography, management, renovation and retrofit, energy systems, contractual arrangements, economic analysis, analytical methods, sustainability and energy, construction type |
| Topics: | Time Control, Urban Studies, Design Practice, Human Resources, Sustainability, Construction Technology, Procurement, Business Strategy, Engineering Principles, Research Practice, Geographical Context |
| Descriptive scope: | 4 PCTA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here