IDEAS home Printed from https://ideas.repec.org/a/eme/jpifpp/jpif-09-2019-0125.html
   My bibliography  Save this article

Impacts of digitization on real estate sector jobs

Author

Listed:
  • Daniel Piazolo
  • Utku Cem Dogan

Abstract

Purpose - Previous research on automation and job disruption is only marginally related to the real estate industry and its characteristics. This study investigates the effects of digitization on jobs in German real estate sector, in order to assess the proportion of jobs threatened to be replaced by automation. Since Germany is the largest EU economy insights for the German real estate market allow a first approximation for Europe. Design/methodology/approach - An extensive database of the German Federal Employment Agency containing job definitions and occupation titles is matched with real estate criteria to create a subset with the relevant real estate occupations. This data is combined with a database of the German Institute of Employment Research reflecting to what extent tasks within jobs can be automated by current technical capabilities. Findings - For the 286 identified occupations within the real estate sector a weighted average of 47 percent substitution probability through current technological capabilities is derived for tasks within the examined occupations. Practical implications - This contribution indicates the extent of the structural change the real estate sector has to face due to digitization: One out of two real estate jobs will have to be re-created. Originality/value - This research quantifies the magnitude of the job killer aspect of digitization in the real estate sector.

Suggested Citation

  • Daniel Piazolo & Utku Cem Dogan, 2020. "Impacts of digitization on real estate sector jobs," Journal of Property Investment & Finance, Emerald Group Publishing Limited, vol. 39(2), pages 47-83, March.
    • Handle: RePEc:eme:jpifpp:jpif-09-2019-0125
    DOI: 10.1108/JPIF-09-2019-0125
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/JPIF-09-2019-0125/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: no
    File URL: https://www.emerald.com/insight/content/doi/10.1108/JPIF-09-2019-0125/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: no
    File URL: https://libkey.io/10.1108/JPIF-09-2019-0125?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Gertner, Daniel & Dennis, Elliott, 2020. "Impact of COVID-19 on Demand for Distillers Grains from Impact of COVID-19 on Demand for Distillers Grains from Livestock Operations Livestock Operations," Cornhusker Economics 309740, University of Nebraska-Lincoln, Department of Agricultural Economics.
    2. Vargas Prieto, Amanda & Rojas Mora, Jaime Edison, 2022. "Contribuciones del cooperativismo al modelo de desarrollo rural en Colombia – revisión de la literatura," Revista Tendencias, Universidad de Narino, vol. 23(2), pages 53-77, July.
    3. Tian, Jinfang & Yu, Longguang & Xue, Rui & Zhuang, Shan & Shan, Yuli, 2022. "Global low-carbon energy transition in the post-COVID-19 era," Applied Energy, Elsevier, vol. 307(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:jpifpp:jpif-09-2019-0125. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.