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Estimating the built environment stock in Cape Verde

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Detalhes bibliográficos
Resumo:The purpose of this paper is to present the estimates of the value of the built environment stock in Cape Verde, a Sub-Saharan African country that is scattered through ten relatively small islands. Design/methodology/approach – It applies the perpetual inventory method in a long series of construction investment data at 1980 and 2007 constant prices published by the Cape Verde’s National Statistics Office. Findings – The results show that the capital-output ratio is similar to those in the advanced industrial countries. The high value of this indicator suggests that the country should shift its focus from building new investment projects to managing the considerable amount of built stock. Originality/value – The main originality of the paper comes from the use of different data sets from the National StatisticalOffice to construct the indicators of the construction industry activity in a comprehensive way.
Autores principais:Lopes, Jorge
Outros Autores:Oliveira, Rui; Abreu, Maria Isabel
Assunto:Built stock Cape Verde Capital accounts Construction Estimating Perpetual inventory method
Ano:2019
País:Portugal
Tipo de documento:artigo
Tipo de acesso:acesso aberto
Instituição associada:Instituto Politécnico de Bragança
Idioma:inglês
Origem:Biblioteca Digital do IPB
Descrição
Resumo:The purpose of this paper is to present the estimates of the value of the built environment stock in Cape Verde, a Sub-Saharan African country that is scattered through ten relatively small islands. Design/methodology/approach – It applies the perpetual inventory method in a long series of construction investment data at 1980 and 2007 constant prices published by the Cape Verde’s National Statistics Office. Findings – The results show that the capital-output ratio is similar to those in the advanced industrial countries. The high value of this indicator suggests that the country should shift its focus from building new investment projects to managing the considerable amount of built stock. Originality/value – The main originality of the paper comes from the use of different data sets from the National StatisticalOffice to construct the indicators of the construction industry activity in a comprehensive way.