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Published in:
2000 | OriginalPaper | Chapter
Demand for Industrial and Commercial Building
Author : Patricia M. Hillebrandt
Published in: Economic Theory and the Construction Industry
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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The demand for factories and offices is not dependent directly on the ultimate consumer, but on those who produce goods for them. It is known as derived demand. Its analysis benefits from the concern of economists with the relationships between investment and consumption. The initial discussion will be mainly in terms of industrial building, followed by a consideration of the extent to which the same analysis is applicable to commercial building.