Abstract:
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.
