@article{ART002298187},
author={YUN KAP SIK},
title={A Comparative Analysis of the Industrial Linkage Structure between the Real Estate Industries of Korea and the US},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2017},
volume={27},
number={4},
pages={51-61}
TY - JOUR
AU - YUN KAP SIK
TI - A Comparative Analysis of the Industrial Linkage Structure between the Real Estate Industries of Korea and the US
JO - Korea Real Estate Review
PY - 2017
VL - 27
IS - 4
PB - korea real estate research institute
SP - 51
EP - 61
SN - 2092-5395
AB - The purpose of this study is to find out the implications for the activation of the real estate industry by comparing the structure of production and distribution, as well as the industrial linkage, of Korean real estate industry with that of the US through an input-output analysis. This study employed the World Input-Output Database (WIOD) provided by the EU in 2016. The results are as follows. First, while the share of the Korean real estate industry in the national economy has been steadily decreasing since the year 2000, the real estate industry of the United States is increasing. Second, both Korean and US real estate businesses have higher value added rates than the industry average, but the intermediate demand rate is lower than the industry average. Furthermore, the intermediate input rate and intermediate demand rate of the Korean real estate industry were lower than that of the US. Third, the change in the final demand for the Korean real estate industry has a lower production and value added effect on the national economy than that of the United States. Fourth, the industrial linkage of the US real estate industry is larger and broader than that of Korea. Finally, it is suggested that a policy to increase the industrial linkage of real estate industry with high value-added industries is needed in order to revitalize Korea's real estate industry.
KW - real estate industry;structure of production and distribution;industrial linkage;world input-output database;US real estate industry
DO -
UR -
ER -
YUN KAP SIK. (2017). A Comparative Analysis of the Industrial Linkage Structure between the Real Estate Industries of Korea and the US. Korea Real Estate Review, 27(4), 51-61.
YUN KAP SIK. 2017, "A Comparative Analysis of the Industrial Linkage Structure between the Real Estate Industries of Korea and the US", Korea Real Estate Review, vol.27, no.4 pp.51-61.
YUN KAP SIK "A Comparative Analysis of the Industrial Linkage Structure between the Real Estate Industries of Korea and the US" Korea Real Estate Review 27.4 pp.51-61 (2017) : 51.
YUN KAP SIK. A Comparative Analysis of the Industrial Linkage Structure between the Real Estate Industries of Korea and the US. 2017; 27(4), 51-61.
YUN KAP SIK. "A Comparative Analysis of the Industrial Linkage Structure between the Real Estate Industries of Korea and the US" Korea Real Estate Review 27, no.4 (2017) : 51-61.
YUN KAP SIK. A Comparative Analysis of the Industrial Linkage Structure between the Real Estate Industries of Korea and the US. Korea Real Estate Review, 27(4), 51-61.
YUN KAP SIK. A Comparative Analysis of the Industrial Linkage Structure between the Real Estate Industries of Korea and the US. Korea Real Estate Review. 2017; 27(4) 51-61.
YUN KAP SIK. A Comparative Analysis of the Industrial Linkage Structure between the Real Estate Industries of Korea and the US. 2017; 27(4), 51-61.
YUN KAP SIK. "A Comparative Analysis of the Industrial Linkage Structure between the Real Estate Industries of Korea and the US" Korea Real Estate Review 27, no.4 (2017) : 51-61.
