KJCKorea
Journal Central

@article{ART001353335},
author={이승철 and 이승재 and 한종호},
title={Economic Impacts Analysis of the Real Estate Industry using Input-Output Analysis},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2009},
volume={19},
number={1},
pages={5-26}

TY - JOUR
AU - 이승철
AU - 이승재
AU - 한종호
TI - Economic Impacts Analysis of the Real Estate Industry using Input-Output Analysis
JO - Korea Real Estate Review
PY - 2009
VL - 19
IS - 1
PB - korea real estate research institute
SP - 5
EP - 26
SN - 2092-5395
AB - The real estate industry in Korea plays an important role in the national economy. This paper attempts to apply input-output (I-O) analysis to role of the real estate industry in the national economy for the year 2005, with specific application to Korea. A static I-O framework is employed, focusing on three topics in its application. First, the impacts of the production or investment in real estate industry on the production, value-added, and employment of other sectors are explored by using demand-driven model. Second, the impacts of the supply shortage in real estate industry on other sectors are looked into by using supply-driven model. Third, the impacts of the rise in real estate industry's price on prices of other products are discussed by using Leontief price model. This paper pays particular attention to the real estate industry by taking this industry as exogenous and then investigating its economic impacts. In addition, inter-industry linkage analysis is performed to obtain information on the forward and backward linkage effects to other industries. It can be summarized that the real estate industry has 1.4467 production-inducing effect, 0.4781 supply shortage effect, 0.0224 effect of price change, 0.8111 forward linkage effect, and 0.8143 backward linkage effect.
KW - Supply-driven model;Leontief price model;Real estate industry;Input-output Analysis;Demand-driven model;Exogenous specification
DO -
UR -
ER -

이승철, 이승재 and 한종호. (2009). Economic Impacts Analysis of the Real Estate Industry using Input-Output Analysis. Korea Real Estate Review, 19(1), 5-26.

이승철, 이승재 and 한종호. 2009, "Economic Impacts Analysis of the Real Estate Industry using Input-Output Analysis", Korea Real Estate Review, vol.19, no.1 pp.5-26.

이승철, 이승재, 한종호 "Economic Impacts Analysis of the Real Estate Industry using Input-Output Analysis" Korea Real Estate Review 19.1 pp.5-26 (2009) : 5.

이승철, 이승재, 한종호. Economic Impacts Analysis of the Real Estate Industry using Input-Output Analysis. 2009; 19(1), 5-26.

이승철, 이승재 and 한종호. "Economic Impacts Analysis of the Real Estate Industry using Input-Output Analysis" Korea Real Estate Review 19, no.1 (2009) : 5-26.

이승철; 이승재; 한종호. Economic Impacts Analysis of the Real Estate Industry using Input-Output Analysis. Korea Real Estate Review, 19(1), 5-26.

이승철; 이승재; 한종호. Economic Impacts Analysis of the Real Estate Industry using Input-Output Analysis. Korea Real Estate Review. 2009; 19(1) 5-26.

이승철, 이승재, 한종호. Economic Impacts Analysis of the Real Estate Industry using Input-Output Analysis. 2009; 19(1), 5-26.

이승철, 이승재 and 한종호. "Economic Impacts Analysis of the Real Estate Industry using Input-Output Analysis" Korea Real Estate Review 19, no.1 (2009) : 5-26.