Empirical tests to discern linkages between construction and other economic sectors in Singapore

Chan Swee Lean

Construction Management and Economics, 2001, vol. 19, issue 4, 355-363

Abstract: The construction industry makes significant contributions to the socio-economic development process in most countries. Its importance in the economy is due largely to the direct and indirect impact it has on the national economy. It stimulates the growth of other sectors through a complex system of linkages. Interest in multi-sectoral linkages was generated following Hirschman's work that investigated the relationship between unbalanced sectoral growth and economic development. Most of the past research work had used Leontief's input-output analysis to gauge the backward and forward linkages between industries. This paper proposes an econometric procedure that can be used for determining the construction output linkages. This involves unit-root testing and Granger causality testing. The main purpose is to determine the impact of a fluctuation in construction output on the sectoral production and the economy of Singapore. This helps to assess the role of the construction industry and how it is affected by the changes in the other economic sectors.

Keywords: Construction Linkages Economic Sectors Granger Causality (search for similar items in EconPapers)
Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/01446190010022686 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:conmgt:v:19:y:2001:i:4:p:355-363

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RCME20

DOI: 10.1080/01446190010022686

Access Statistics for this article

Construction Management and Economics is currently edited by Will Hughes

More articles in Construction Management and Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().