Gregori, T and Pietroforte, R (2015) An input-output analysis of the construction sector in emerging markets. Construction Management and Economics, 33(2), pp. 134-145. ISSN 01446193
Abstract
Construction is a major industry in fast growing countries and plays a leading role in the process of economic development. Using input-output tables, the performance of the construction sector in six emerging countries (Brazil, Russia, India, Indonesia, China and South Africa) is compared from 1995 to 2005. First, the construction performance in these developing economies, by using standard indicators based on value added, gross output, final demand and intermediate inputs, is investigated. Then, the similarity cosine index is introduced to assess structural change and differences in input expenditures between countries. This index is a useful tool for identifying input bundles that require a probing international comparison of construction performance.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | construction cost; input-output analysis; international comparisons |
| Index terms: | China, developing economy, economic development, South Africa, India, input-output analysis, Indonesia, emerging country, construction performance, input-output table, international comparison, construction sector, construction cost, emerging market, Brazil |
| Subjects: | Geography, industry analysis, financial and cost management, economic analysis, development economics, performance assessment, economic development, data analysis and analytics |
| Topics: | Geographical Context, International Construction, Sustainability, Cost Management, Research Practice, Site Management |
| Descriptive scope: | 4 PCTA |
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