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The complexities of the relationship between a country's level of construction activity and its stage of economic development are considerable. Studies over the last three decades, based on macroeconomic analysis, have attempted to model the relationship but have usually been hampered by...
Persistent link: https://www.econbiz.de/10005482478
This paper reports research aimed at the establishment of a model of interdependence between the construction sector and the national economy, based on a long term trend, for the developing countries of Sub-Saharan Africa. This study follows research undertaken by previous writers who have...
Persistent link: https://www.econbiz.de/10005482537
<title>ABSTRACT</title> The relationship between a country's level of activity in the construction industry and its stage of economic development is a complex one. Several studies over the last forty years, based mainly on cross sectional data, found a positive association between national income and several...
Persistent link: https://www.econbiz.de/10010971919
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Bon's book Building as an Economic Process: An Introduction to Building Economics was an important step in the development of the economic theory of the built environment. The book's aim was to establish theoretical foundations for building economics, using the perspective of Austrian economics....
Persistent link: https://www.econbiz.de/10005269114
In the context of a truly global market for construction, an international strategy is required to ensure that national and international statistical systems are able to provide accurate and valid information. In many parts of the world the collection of reliable national information on...
Persistent link: https://www.econbiz.de/10005445684
Firms in the construction industry have always had to deal with the challenges of the economic cycle and develop strategies to deal with the resulting fluctuations in their business environment. In the context of the 2008-2011 double-dip recession in the UK, the results of a survey targeting the...
Persistent link: https://www.econbiz.de/10010952085
Purpose The purpose of the paper is to assess the critical financial and economic issues associated with the provision of adequate housing in the UK in the face of current and future demographic change. Design/methodology/approach The review is based on an investigation of the current state of...
Persistent link: https://www.econbiz.de/10014869023