Analysis of the South African input-output table to determine sector specific economic impacts: A study on real estate
| Autor: | Douw Gert Brand Boshoff, Reyno Seymore |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
economic impact
Macroeconomics short-term economic forecasting lcsh:Management. Industrial management Input–output model Real estate lcsh:Business input-output analysis property activity South Africa 0502 economics and business Economics Economic impact analysis Input/output 050208 finance lcsh:HB71-74 05 social sciences lcsh:Economics as a science real estate economics General Business Management and Accounting Term (time) Real estate economics lcsh:HD28-70 Table (database) lcsh:HF5001-6182 General Economics Econometrics and Finance 050203 business & management |
| Zdroj: | South African Journal of Economic and Management Sciences, Vol 19, Iss 4, Pp 661-689 (2016) South African Journal of Economic and Management Sciences, Volume: 19, Issue: 4, Pages: 661-689, Published: 2016 |
| ISSN: | 2222-3436 1015-8812 |
| DOI: | 10.4102/sajems.v19i4.1404 |
| Popis: | Input-output analysis is a well known method of analysing specific economic activity and the influence of different sectors on the economy and on one another. This study investigates the ability of input-output analysis to consider the importance of commercial real estate on the economy. It analyses the economic activity, contribution to GDP, employment created and taxes generated with reference to direct, indirect and induced impacts. The research shows the contribution of the specific sector on the economy and highlights the ability of input-output analysis to determine the impact of different types of property and locational analysis. The interaction of property with the economy is discussed, which also enables the use of the analysis reported here for short term future forecasting, whereby expected real estate activity is used to forecast the direct, indirect and induced effects on the economy. |
| Databáze: | OpenAIRE |
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