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Chotibhongs, R and Arditi, D (2012) Analysis of collusive bidding behaviour. Construction Management and Economics, 30(03), 221-31.
Devaney, S and Roberts, D (2012) Who gets the jobs? Factors influencing the employability of property and construction graduates in the UK. Construction Management and Economics, 30(03), 233-46.
Devapriya, K A K and Ganesan, S (2002) Technology transfer subcontracting in developing countries through. Building Research & Information, 30(03), 171–82.
English, J (2002) Managing cultural differences to improve industrial efficiency. Building Research & Information, 30(03), 196–204.
Kumaraswamy, M M and Shrestha, G B (2002) Targeting 'technology exchange' for faster organizational and industry development. Building Research & Information, 30(03), 183–95.
Lopes, J, Ruddock, L and Ribeiro, F L (2002) Investment in construction and economic growth in developing countries. Building Research & Information, 30(03), 152–9.
- Type: Journal Article
- Keywords: developing countries; economic development; economic growth; growth theory; investment; public policy; sub-saharan africa
- ISBN/ISSN: 0961-3218
- URL: http://taylorandfrancis.metapress.com/link.asp?id=tnm90pknvjar45pj
- Abstract:
The development of a model of interdependence between investment in construction and gross domestic product (GDP) per capita, based on a long-term trend, for the developing countries of Sub-Saharan Africa (SSA) is presented. The study follows previous research undertaken by others who have investigated the relationship between investment in construction and economic development and found a positive correlation between the share of construction in GDP and the level of national income. The hypothesis tested is: there is a minimum level of investment in construction in developing countries (measured in terms of construction value added [CVA] as a percentage of GDP) to achieve sustainable growth in the economy. The study is based on data acquired on 15 of the countries in SSA over 22 years and the sample is split into two groups: one in which GDP per capita is rising, the other in which GDP per capita is falling. This research puts forward evidence that there is a critical level of CVA/GDP (at 4-5%) below which a relative decrease in construction volume corresponds directly to a decreasing growth in GDP per capita. The converse does not appear to be true. Implications and recommendations for public policy for the concerned countries are discussed.
Ngowi, A B, Iwisi, D S and Mushi, R J (2002) Competitive strategy of low financial in a context resources. Building Research & Information, 30(03), 205–11.
Polesie, P M A (2012) Reducing the use of resources in medium-sized Swedish construction enterprises: production managers' views. Construction Management and Economics, 30(03), 193-202.
Schoenwitz, M, Naim, M and Potter, A (2012) The nature of choice in mass customized house building. Construction Management and Economics, 30(03), 203-19.
Zawdie, G and Langford, D A (2002) Influence of construction-based infrastructure on the development process in Sub-Saharan Africa. Building Research & Information, 30(03), 160–70.