【摘要】Urbanization; industrialization and real estate reform have led to a vast growth of the real estate-construction sector in China. Using the 2002 and 2007 provincial input-output tables; this paper examines the importance of the real estate-construction sector in the Chinese economy by applying the hypothetical extraction method. The results show that for the 30 studied provinces; the weighted average impact of the real estate-construction sector accounts for 21 % of total output and for approximately 14 % of all jobs in 2002. For 2007; these figures are 23 and 22 %; respectively. The impact of the real estate-construction sector on total output and employment varies across regions. In 2007; the direct and indirect output and employment of real estate-construction sector accounted for around 15 % of total regional output and employment in Shandong and Henan; and for 40 % in Tianjin; Jilin; Shaanxi; Ningxia and Xinjiang. Our results also indicate that the real estate-construction sector is strongly own final demand oriented and regional economies which highly rely on it are particularly vulnerable to a fall in its demand. 

【文献来源】Ren H;Folmer H;Van der Vlist A J.Annals of regional Science.2014（3）