|
| Latent variables | Observable variables | Variables symbol |
|
| The transformation in the construction | Gross output value of construction | JF1 |
| Value added of construction | JF2 |
| Value added rate of construction | JF3 |
| The rate of gross output value of construction to GDP | JF4 |
| Overall labor productivity of construction | JF5 |
| TFP of construction | JF6 |
|
| Physical capital | Net value of machinery and equipment owned | WZ1 |
| Assets of construction enterprises | WZ2 |
|
| Human capital | Number of persons employed | RZ1 |
| Years of education persons employed | RZ2 |
|
| Technical level | Power of machines per laborer | JS1 |
| Value of machines per laborer | JS2 |
|
| Industrial structure | Total output value rate of construction enterprises of special and first grade general contractors | SC1 |
| Total profits rate of construction enterprises of special and first grade general contractors | SC2 |
|
| Management level | The yield of unit construction | GS1 |
| The yield of floor space completed of buildings constructed by construction enterprises | GS2 |
|
| Industrial demands | Gross scale of construction | CX1 |
| the length of road | CX2 |
| Bridges in cities | CX3 |
|
| Policy system | Gross output value rate of nonstate-owned | ZZ1 |
| Fixed investments rate | ZZ2 |
|
| Urbanization | The proportion of urban population | UR1 |
| The total number of foreign employees | UR2 |
|
| Housing market | Housing industry output value | HM1 |
| Housing industry investment | HM2 |
|
