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...

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...

The housing market in Portugal has notched up a remarkable growth since the early 1990s, in line with the development pattern of the overall construction market. The new residential housing sub-segment has been the one that experienced the highest growth in this period. One of the catalysts of...

<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...

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....