Zhu, R; Hu, X and Liu, C (2020) Structural analysis of inter-industrial linkages: An application to the Australian construction industry. Construction Management and Economics, 38(10), pp. 934-946. ISSN 01446193
Abstract
With the rapid growth in economic and technological development, the linkage of the construction industry with the economy has changed in the past decades, which may have generated corresponding changes in other industries. This study sheds new light on the measurement of structural changes in the inter-industrial linkages of an industry using the Leontief model and the Ghosh model based on the hypothetical extraction method. The Australian national input–output tables provided in the World Input–Output Database are employed as an empirical study exploring the influence of construction linkages on other industries' production input and output. The results indicate that construction effects have become weaker in relation to promoting economic growth, although the mining and quarrying industry and some service industry activities demonstrate strong and positive backward and forward linkages with the construction industry in Australia. This research provides an approach for measuring corresponding changes in other industries caused by one industry’s inter-industrial changes.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Australia; construction industry; hypothetical extraction method; input–output analysis; inter-industrial linkages |
| Index terms: | quarrying, structural analysis, economic growth, construction industry, forward linkage, mining, empirical study, Australia, database, linkage |
| Subjects: | business, Geography, economic development, structural engineering, research methods, industry analysis, economic theory, data management, geotechnical engineering |
| Topics: | Digital Applications, Sustainability, Research Practice, Geographical Context, Engineering Principles, Business Strategy |
| 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