The Industrial Linkages of the Real Estate Industry and Its Impact on the Economy Caused by the COVID-19 Pandemic

Xiaoli Shi (), Qianju Cheng and Menghan Xia ()
Additional contact information
Xiaoli Shi: Jimei University
Qianju Cheng: Jimei University
Menghan Xia: Renmin University of China

A chapter in Proceedings of the 25th International Symposium on Advancement of Construction Management and Real Estate, 2021, pp 1015-1028 from Springer

Abstract: Abstract In Jan 2020, the COVID-19 pandemic appeared and the economies around the world have been affected to different degrees. The real estate industry is influencing the overall trend of the macro-economy due to its important industrial linkages with other sectors. This paper aims to analyze the recently published data of China’s input–output table in 2017 to find out the quantitative relationship between the real estate industry and other industrial sectors through classic Leontief and Ghoshian methods and also uses the hypothetical extraction method to further examine the industrial importance of the real estate industry from the perspective of total output. Finally, according to relevant data of the real estate industry in the first quarter of 2020, this paper estimates the associated losses of economic output.

Keywords: Input–output model; Real estate industry; Hypothetical extraction method; Industrial linkages; COVID-19 pandemic (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:sprchp:978-981-16-3587-8_67

Ordering information: This item can be ordered from
http://www.springer.com/9789811635878

DOI: 10.1007/978-981-16-3587-8_67

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().