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Bai, L, Shi, H, Kang, S and Zhang, B (2023) Project portfolio risk analysis with the consideration of project interdependencies. Engineering, Construction and Architectural Management, 30(02), 647-70.
Bentivegna, V, Curwell, S, Deakin, M, Lombardi, P, Mitchell, G and Nijkamp, P (2002) A vision and methodology for integrated sustainable urban development: BEQUEST. Building Research & Information, 30(02), 83–94.
Cooper, I (2002) Transgressing discipline boundaries: is BEQUEST an example of 'the new production of knowledge'?. Building Research & Information, 30(02), 116–29.
Deakin, M, Huovila, P, Rao, S, Sunikka, M and Vreeker, R (2002) The assessment of sustainable urban development. Building Research & Information, 30(02), 95–108.
Dewlaney, K S and Hallowell, M (2012) Prevention through design and construction safety management strategies for high performance sustainable building construction. Construction Management and Economics, 30(02), 165-77.
El Hajj, C, Martínez Montes, G and Jawad, D (2023) Analysis of BIM functionalities diffusion in the construction industry: the case of the MENA region. Engineering, Construction and Architectural Management, 30(02), 415-35.
Hamilton, A, Mitchell, G and Yli-Karjanmaa, S (2002) The BEQUEST toolkit: a decision support system for urban sustainability. Building Research & Information, 30(02), 109–15.
Hui, E C-M, Lo, T K K, Chen, J and Wang, Z (2012) Housing and consumer markets in urban China. Construction Management and Economics, 30(02), 117-31.
- Type: Journal Article
- Keywords: housing turnover-income ratio; retail consumer price; renormalized partial directed coherence
- ISBN/ISSN: 0144-6193
- URL: https://doi.org/10.1080/01446193.2011.654130
- Abstract:
In China, the real estate sector has been one of the most powerful driving forces in economic development over the past two decades. The housing sector, particularly, has a strong wealth effect on consumption. This has attracted much attention not only in academia but also in society at large. Yet little is known about the relationship between housing and consumption in urban China. An investigation into the causal relationship between the money flow of the housing market and that of the consumer market for local citizens in urban China applies a recently developed method: renormalized partial directed coherence (renormalized PDC). This is an advanced tool to exclude the indirect relationships between the housing and consumer markets. Since the original renormalized PDC cannot show the result numerically, we quantify the relationships by developing a set of criteria for further discussion within the renormalized PDC framework. The empirical work reveals two major findings: (1) the retail price level is quite useful in predicting the housing turnover-income ratio; (2) the rental price is one of the most important factors affecting the fluctuation of retail prices for the case of urban areas in China. A housing turnover-income ratio (HTIR) is developed to evaluate the money flow into the housing market, which provides a new way to carry out data analysis when the usual indicators might be inappropriate. The research provides a reference point for economic policymaking for the relationship between the money flow into the housing market and the money flow into the consumer market.
Jiang, X, Sun, H, Lu, K, Lyu, S and Skitmore, M (2023) Using evolutionary game theory to study construction safety supervisory mechanism in China. Engineering, Construction and Architectural Management, 30(02), 514-37.
Jin, H, Liu, S, Li, J and Liu, C (2023) Determination of government guarantee and revenue cap in public–private partnership contracts. Engineering, Construction and Architectural Management, 30(02), 393-414.
Kohler, N (2002) The relevance of BEQUEST: an observer's perspective. Building Research & Information, 30(02), 130–8.
Li, H, Arditi, D and Wang, Z (2012) Transaction-related issues and construction project performance. Construction Management and Economics, 30(02), 151-64.
Li, H, Su, L, Zuo, J, An, X, Dong, G, Wang, L and Zhang, C (2023) The framework of data-driven and multi-criteria decision-making for detecting unbalanced bidding. Engineering, Construction and Architectural Management, 30(02), 598-622.
Liu, Y, Chang, R D, Zuo, J, Xiong, F and Dong, N (2023) What leads to the high capital cost of prefabricated construction in China: perspectives of stakeholders. Engineering, Construction and Architectural Management, 30(02), 805-32.
Macedo, B S and Ferreira, M L R (2023) Welder learning curves behaviour: “focus on welding productivity with the TIG process of marine platforms stainless steel pipes”. Engineering, Construction and Architectural Management, 30(02), 496-513.
Marandi Alamdari, A, Jabarzadeh, Y, Samson, D and Sanoubar, N (2023) Supply chain risk factors in green construction of residential mega projects – interactions and categorization. Engineering, Construction and Architectural Management, 30(02), 568-97.
Matto, M C (2023) Identifying the latent shortcomings of force account projects in Tanzania: the case of construction projects in the education sector. Engineering, Construction and Architectural Management, 30(02), 787-804.
Mohajeri, M, Ardeshir, A and Malekitabar, H (2023) Diagnostic intervention program based on construction workers' internal factors for persistent reduction of unsafe behavior. Engineering, Construction and Architectural Management, 30(02), 478-95.
Nguyen, H D, Do, Q N H and Macchion, L (2023) Influence of practitioners' characteristics on risk assessment in Green Building projects in emerging economies: a case of Vietnam. Engineering, Construction and Architectural Management, 30(02), 833-52.
Novieto, D T (2023) Safety climate and occupational safety behaviours: the mediating role of psychological ownership among construction professionals. Engineering, Construction and Architectural Management, 30(02), 853-68.
Pellegrino, R, Costantino, N, Pietroforte, R and Sancilio, S (2012) Construction of multi-storey concrete structures in Italy: patterns of productivity and learning curves. Construction Management and Economics, 30(02), 103-15.
Shoar, S, Yiu, T W, Payan, S and Parchamijalal, M (2023) Modeling cost overrun in building construction projects using the interpretive structural modeling approach: a developing country perspective. Engineering, Construction and Architectural Management, 30(02), 365-92.
Sirimewan, D C, Samaraweera, A, Manjula, N H C, Rameezdeen, R, Rodrigo, M N N and Ekanayake, E M A C (2023) Strategies for sustainable irrigation system management: a socio-technical system approach. Engineering, Construction and Architectural Management, 30(02), 436-55.
Tijani, B, Jin, X and Osei-Kyei, R (2023) Theoretical model for mental health management of project management practitioners in architecture, engineering and construction (AEC) project organizations. Engineering, Construction and Architectural Management, 30(02), 914-43.
Tong, R, Wang, L, Cao, L, Zhang, B and Yang, X (2023) Psychosocial factors for safety performance of construction workers: taking stock and looking forward. Engineering, Construction and Architectural Management, 30(02), 944-62.
Vahabi, A, Nasirzadeh, F and Mills, A (2023) Assessing the impact of project brief clarity using project definition rating index tool and system dynamic. Engineering, Construction and Architectural Management, 30(02), 697-713.
Vigneshwar, R V K and Shanmugapriya, S (2023) Investigating the factors affecting construction site productivity – a case of India. Engineering, Construction and Architectural Management, 30(02), 963-85.
Wakchaure, S S and Jha, K N (2012) Determination of bridge health index using analytical hierarchy process. Construction Management and Economics, 30(02), 133-49.
Wang, C, Zou, F, Yap, J B H, Wood, L C, Li, H and Ding, L (2023) System dynamics tool for entropy-based risk control on sleeve grouting in prefabricated buildings. Engineering, Construction and Architectural Management, 30(02), 538-67.
Wang, D and Wang, Y (2023) The role of regulatory focus and team mindfulness in megaproject conflicts. Engineering, Construction and Architectural Management, 30(02), 714-33.
Wang, G, Locatelli, G, Zhang, H, Wan, J and Chen, Y (2023) Playing the cards right: exploring the way leadership influences organizational citizenship behavior for the environment in megaprojects. Engineering, Construction and Architectural Management, 30(02), 623-46.
Xiao, H and Hao, S (2023) Public participation in infrastructure projects: an integrative review and prospects for the future research. Engineering, Construction and Architectural Management, 30(02), 456-77.
Xu, S, Zhang, M, Xia, B and Liu, J (2023) Exploring construction workers' attitudinal ambivalence: a system dynamics approach. Engineering, Construction and Architectural Management, 30(02), 671-96.
Yu, A T W, Mok, K S H and Wong, I (2023) Minimisation and management strategies for refurbishment and renovation waste in Hong Kong. Engineering, Construction and Architectural Management, 30(02), 869-88.
Yuan, M, Li, Z, Li, X, Luo, X, Yin, X and Cai, J (2023) Proposing a multifaceted model for adopting prefabricated construction technology in the construction industry. Engineering, Construction and Architectural Management, 30(02), 755-86.