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2016
DOI: 10.5130/ajceb.v16i2.4819
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Input–output structures of the Australian construction industry

Abstract: The Australian construction industry continues to play an important role in the national economy. Analysis using input–output tables makes it possible to understand the role of the construction industry in Australia’s economy and its relationships to other major industries over years. This study applies several economic indicators to investigate the construction industry’s contributions to gross national product and gross national income, as well as its backward and forward linkage indicators, and its output a… Show more

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Cited by 10 publications
(6 citation statements)
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“…The Construction sector generally exhibits a higher economic pull (backward) than push (forward) effect. This is due to the nature of the construction operations that need many different inputs from a large number of economic sectors and due to the nature of the demand for the construction outputs that are considered derived demand from other economic activities (Pietroforte and Gregori 2003 ; Liu and He 2016 ). Specifically, the Construction sector cannot itself create demand for its output, thus if other sectors cannot absorb the construction outputs or the sector expands beyond the adaptive capacity of the economy, it negatively impacts the economy (Pietroforte and Gregori 2003 ; Song and Liu 2006 ).…”
Section: Resultsmentioning
confidence: 99%
“…The Construction sector generally exhibits a higher economic pull (backward) than push (forward) effect. This is due to the nature of the construction operations that need many different inputs from a large number of economic sectors and due to the nature of the demand for the construction outputs that are considered derived demand from other economic activities (Pietroforte and Gregori 2003 ; Liu and He 2016 ). Specifically, the Construction sector cannot itself create demand for its output, thus if other sectors cannot absorb the construction outputs or the sector expands beyond the adaptive capacity of the economy, it negatively impacts the economy (Pietroforte and Gregori 2003 ; Song and Liu 2006 ).…”
Section: Resultsmentioning
confidence: 99%
“…A matrix system in an input-output table means that the total input equals the total output of the whole economy (Kronenberg et al, 2018). The input-output table shows the production sector, intermediate output, final demand, and total output in the horizontal column; the rows include different economic production sectors, intermediate input, value-added, and total input (Liu & He, 2016), as shown in Table 1 as follows. From that table, the matrix equation system is then generated as X = AX+Y.…”
Section: Methodsmentioning
confidence: 99%
“…Moreover, the scale of construction in an economy extends up to new contracts offered in new building construction and maintenance while the remainder is accounted under services and manufacturing for production (Ashworth and Perera, 2015). Liu and He (2016) highlight the input-output relationship and discrepancies between the two industries; construction and manufacturing. Ginigaddara et al (2019) refer to this relationship to argue that understanding of the emerging nexus between the two industries is essential to excel in OSC.…”
Section: Literature Reviewmentioning
confidence: 99%