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Hartwig, J and Kockat, J (2016) Macroeconomic effects of energetic building retrofit: Input-output sensitivity analyses. Construction Management and Economics, 34(02), 79-97.
- Type: Journal Article
- Keywords: construction sector; energy consumption; input-output analysis; building stock; Building industry; Economic models; Energy efficiency; Macroeconomics; Retrofitting
- ISBN/ISSN: 0144-6193
- URL: https://doi.org/10.1080/01446193.2016.1144928
- Abstract:
Energy efficiency measures in buildings are essential for climate protection, but are not always recognized by the investor in common profitability calculations. To provide a quantitative scientific base for policymakers, the aim is to identify and quantify the impact of these measures on Germany's economy with a static open input-output model. Moreover, this investigation analyses how much the chosen base year affects the calculated macroeconomic impact, to obtain a clearer view of involved dynamics. The energy efficiency measures in buildings and their impact on energy demand and investments were simulated in the bottom-up building model INVERT/EE-Lab up to 2020. The methodological addition of this research is to identify and map the resulting impulses to the according macroeconomic sectors. Based on this stimulus a static input-output analysis is conducted using a range of base years. The results show that efficiency measures in buildings have a significant positive effect on macroeconomic key figures. The magnitude of the calculated impact depends on chosen base year data and varies for value added and employment. As a conclusion, the macroeconomic impact constitutes a co-benefit supporting the economic attractiveness of energy efficiency. However, studies based on a single base year dataset like many computable general equilibrium models may need to reflect the errors caused by that choice.;Energy efficiency measures in buildings are essential for climate protection, but are not always recognized by the investor in common profitability calculations. To provide a quantitative scientific base for policymakers, the aim is to identify and quantify the impact of these measures on Germany's economy with a static open input-output model. Moreover, this investigation analyses how much the chosen base year affects the calculated macroeconomic impact, to obtain a clearer view of involved dynamics. The energy efficiency measures in buildings and their impact on energy demand and investments were simulated in the bottom-up building model INVERT/EE-Lab up to 2020. The methodological addition of this research is to identify and map the resulting impulses to the according macroeconomic sectors. Based on this stimulus a static input-output analysis is conducted using a range of base years. The results show that efficiency measures in buildings have a significant positive effect on macroeconomic key figures. The magnitude of the calculated impact depends on chosen base year data and varies for value added and employment. As a conclusion, the macroeconomic impact constitutes a co-benefit supporting the economic attractiveness of energy efficiency. However, studies based on a single base year dataset like many computable general equilibrium models may need to reflect the errors caused by that choice.;
Leung, M-y, Liang, Q and Yu, J (2016) Development of a mindfulness-stress-performance model for construction workers. Construction Management and Economics, 34(02), 110-28.
Pulkka, L, Ristimäki, M, Rajakallio, K and Junnila, S (2016) Applicability and benefits of the ecosystem concept in the construction industry. Construction Management and Economics, 34(02), 129-16.
Venselaar, M and Gruis, V (2016) Studying intra-organizational dynamics in implementing supply chain partnering: A case study about work floor experiences in a Dutch housing association. Construction Management and Economics, 34(02), 98-109.