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Construction and economic growth in developing countries of Africa : evidence from data of the last thirty years

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Resumo:The role of construction in economic growth and development has been addressed by various writers and international bodies, many of whom have focused in developing countries. The main aspect derived from a seminal work in this field (Bon, 1992) is that there is a changing development pattern of the construction industry based on the stage of development of a country’s economy. That is in the early stages of the economic development, the share of construction in gross domestic product (GDP) increases but ultimately decreases in industrially advanced countries. That finding was consistent with the classical approach in growth theory in which physical capital formation is the main engine of economic growth and development. Using most recent data spanning the last thirty years or so drawn from the United Nations (Yearbook of National Account Statistics: Main Aggregates and Detailed Tables) and World Bank publications (World Development Report and Africa Development Indicators), the results of the study corroborate, in the main, the assumptions of a previous work that posit that in the developing countries of Africa, the positive relationship between construction and the national economy concerns only a downturn economy, and an in an economic upward trend the pattern of the construction sector (measured as a share of value added in national output) tends to follow pari passu that of the rest of the economy.
Autores principais:Lopes, Jorge
Assunto:Africa Construction sector Developing countries Economic growth
Ano:2010
País:Portugal
Tipo de documento:comunicação em conferência
Tipo de acesso:acesso aberto
Instituição associada:Instituto Politécnico de Bragança
Idioma:inglês
Origem:Biblioteca Digital do IPB
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author Lopes, Jorge
author_facet Lopes, Jorge
author_role author
contributor_name_str_mv Biblioteca Digital do IPB
country_str PT
creators_json_txt [{\"Person.name\":\"Lopes, Jorge\",\"Person.identifier.orcid\":\"0000-0002-4799-0166\"}]
datacite.contributors.contributor.contributorName.fl_str_mv Biblioteca Digital do IPB
datacite.creators.creator.creatorName.fl_str_mv Lopes, Jorge
datacite.date.Accepted.fl_str_mv 2010-01-01T00:00:00Z
datacite.date.available.fl_str_mv 2010-10-06T10:03:36Z
datacite.date.embargoed.fl_str_mv 2010-10-06T10:03:36Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_abf2
datacite.subjects.subject.fl_str_mv Africa
Construction sector
Developing countries
Economic growth
datacite.titles.title.fl_str_mv Construction and economic growth in developing countries of Africa : evidence from data of the last thirty years
dc.contributor.none.fl_str_mv Biblioteca Digital do IPB
dc.creator.none.fl_str_mv Lopes, Jorge
dc.date.Accepted.fl_str_mv 2010-01-01T00:00:00Z
dc.date.available.fl_str_mv 2010-10-06T10:03:36Z
dc.date.embargoed.fl_str_mv 2010-10-06T10:03:36Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://hdl.handle.net/10198/2630
dc.language.none.fl_str_mv eng
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.subject.none.fl_str_mv Africa
Construction sector
Developing countries
Economic growth
dc.title.fl_str_mv Construction and economic growth in developing countries of Africa : evidence from data of the last thirty years
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_5794
description The role of construction in economic growth and development has been addressed by various writers and international bodies, many of whom have focused in developing countries. The main aspect derived from a seminal work in this field (Bon, 1992) is that there is a changing development pattern of the construction industry based on the stage of development of a country’s economy. That is in the early stages of the economic development, the share of construction in gross domestic product (GDP) increases but ultimately decreases in industrially advanced countries. That finding was consistent with the classical approach in growth theory in which physical capital formation is the main engine of economic growth and development. Using most recent data spanning the last thirty years or so drawn from the United Nations (Yearbook of National Account Statistics: Main Aggregates and Detailed Tables) and World Bank publications (World Development Report and Africa Development Indicators), the results of the study corroborate, in the main, the assumptions of a previous work that posit that in the developing countries of Africa, the positive relationship between construction and the national economy concerns only a downturn economy, and an in an economic upward trend the pattern of the construction sector (measured as a share of value added in national output) tends to follow pari passu that of the rest of the economy.
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person_str_mv Lopes, Jorge
Lopes, Jorge
https://www.ciencia-id.pt/C717-48BF-73F7
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spelling engporThe role of construction in economic growth and development has been addressed by various writers and international bodies, many of whom have focused in developing countries. The main aspect derived from a seminal work in this field (Bon, 1992) is that there is a changing development pattern of the construction industry based on the stage of development of a country’s economy. That is in the early stages of the economic development, the share of construction in gross domestic product (GDP) increases but ultimately decreases in industrially advanced countries. That finding was consistent with the classical approach in growth theory in which physical capital formation is the main engine of economic growth and development. Using most recent data spanning the last thirty years or so drawn from the United Nations (Yearbook of National Account Statistics: Main Aggregates and Detailed Tables) and World Bank publications (World Development Report and Africa Development Indicators), the results of the study corroborate, in the main, the assumptions of a previous work that posit that in the developing countries of Africa, the positive relationship between construction and the national economy concerns only a downturn economy, and an in an economic upward trend the pattern of the construction sector (measured as a share of value added in national output) tends to follow pari passu that of the rest of the economy.application/pdfporConstruction and economic growth in developing countries of Africa : evidence from data of the last thirty yearsPersonalLopes, JorgeDSpacehttp://dspace.org/items/00b52a70-b4c9-4bcb-ba11-8736c0690411DSpacehttp://dspace.org/items/00b52a70-b4c9-4bcb-ba11-8736c0690411LopesJorgeCiência IDhttps://www.ciencia-id.ptC717-48BF-73F7ORCIDhttp://orcid.org0000-0002-4799-0166Researcher IDhttps://www.researcherid.comAAK-2127-2020Scopus Author IDhttps://www.scopus.com7202732761HostingInstitutionOrganizationalBiblioteca Digital do IPBe-mailmailto:dspace@ipb.ptdspace@ipb.pt2010-10-06T10:03:36Z20102010-01-01T00:00:00ZHandlehttp://hdl.handle.net/10198/2630http://purl.org/coar/access_right/c_abf2open accessAfricaConstruction sectorDeveloping countriesEconomic growth242422 bytesother research producthttp://purl.org/coar/resource_type/c_5794conference paperhttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://bibliotecadigital.ipb.pt/bitstreams/bcb7da06-421e-450e-a668-61ddeccf1cd4/downloadCIB World Building CongressSalford-Reino Unido
spellingShingle Construction and economic growth in developing countries of Africa : evidence from data of the last thirty years
Lopes, Jorge
Africa
Construction sector
Developing countries
Economic growth
status SINGLETON
subject.fl_str_mv Africa
Construction sector
Developing countries
Economic growth
title Construction and economic growth in developing countries of Africa : evidence from data of the last thirty years
title_full Construction and economic growth in developing countries of Africa : evidence from data of the last thirty years
title_fullStr Construction and economic growth in developing countries of Africa : evidence from data of the last thirty years
title_full_unstemmed Construction and economic growth in developing countries of Africa : evidence from data of the last thirty years
title_short Construction and economic growth in developing countries of Africa : evidence from data of the last thirty years
title_sort Construction and economic growth in developing countries of Africa : evidence from data of the last thirty years
topic Africa
Construction sector
Developing countries
Economic growth
topic_facet Africa
Construction sector
Developing countries
Economic growth
url http://hdl.handle.net/10198/2630
visible 1