Economic Modelling of the Scottish Construction Industry

Project: Knowledge Exchange (Services/Consultancy)

Project Details

Description

The construction sector is an important contributor to the Scottish economy – directly supporting £8.5bn in Scottish GVA and supporting over 170,000 full-time equivalent jobs in the economy.

This project aims to highlight the economic impact of the construction sector, highlighting the multiplier effects that investment into this sector could stimulate and the potential economic impact that a VAT cut in repair and maintenance could have to support the Scottish economy in its economic recovery from COVID-19.
StatusFinished
Effective start/end date1/07/2026/02/21

UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This project contributes towards the following SDG(s):

  • SDG 8 - Decent Work and Economic Growth
  • SDG 9 - Industry, Innovation, and Infrastructure
  • SDG 13 - Climate Action

Keywords

  • construction
  • Scottish economy
  • input output modelling
  • economic modelling