Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
It is important to understand that the construction sector is a statistical construct. Many available government data are based on this construct. This chapter looks at two concepts related to the construction sector and highlights the consequences of defining the construction sector for statistical purposes. Statistical Classification of Economic Activities in the European Community (NACE) is, like International Standard Industrial Classification (ISIC), a statistical classification system that aims to clarify the attribution of an economic activity to a sector. One can estimate the economic contribution of the construction sector based on three concepts. The first is the concept of value added as used for NACE and ISIC. The second one asks how much money is spent on construction. The third is the multiplier concept which determines how much gross domestic product increases if a dollar is invested in construction. The number of actors in the construction sector depends on the underlying definition of the sector.
It is important to understand that the construction sector is a statistical construct. Many available government data are based on this construct. This chapter looks at two concepts related to the construction sector and highlights the consequences of defining the construction sector for statistical purposes. Statistical Classification of Economic Activities in the European Community (NACE) is, like International Standard Industrial Classification (ISIC), a statistical classification system that aims to clarify the attribution of an economic activity to a sector. One can estimate the economic contribution of the construction sector based on three concepts. The first is the concept of value added as used for NACE and ISIC. The second one asks how much money is spent on construction. The third is the multiplier concept which determines how much gross domestic product increases if a dollar is invested in construction. The number of actors in the construction sector depends on the underlying definition of the sector.
Construction Sector
Brockmann, Christian (Autor:in)
Construction Microeconomics ; 169-187
28.02.2023
18 pages
Aufsatz/Kapitel (Buch)
Elektronische Ressource
Englisch
Emerald Group Publishing | 2001
Analysing the construction sector
| British Library Conference Proceedings | 2001