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Charkhakan, M H and Heravi, G (2023) Quantifying the predictability and preventability of conflicts between construction project parties. Engineering, Construction and Architectural Management, 30(05), 1932-50.

Chew, M Y L (2002) Resistance of polyurethane sealants to hot water. Building Research & Information, 30(05), 367–71.

Choy, L H T, Ho, W K O and Mak, S W K (2012) Housing attributes and Hong Kong real estate prices: a quantile regression analysis. Construction Management and Economics, 30(05), 359-66.

Jacobsson, M and Linderoth, H C J (2012) User perceptions of ICT impacts in Swedish construction companies: 'it's fine, just as it is'. Construction Management and Economics, 30(05), 339-57.

Kerali, A G and Thomas, T H (2002) Effect of mix retention and curing on low-cement walling blocks. Building Research & Information, 30(05), 362–6.

Khanh, H D, Kim, S Y and Linh, L Q (2023) Construction productivity prediction through Bayesian networks for building projects: case from Vietnam. Engineering, Construction and Architectural Management, 30(05), 2075-100.

Kohler, N and Lutzkendorf, T (2002) Integrated life-cycle analysis. Building Research & Information, 30(05), 338–48.

Liang, R, Li, R, Yan, X, Xue, Z and Wei, X (2023) Evaluating and selecting the supplier in prefabricated megaprojects using extended fuzzy TOPSIS under hesitant environment: a case study from China. Engineering, Construction and Architectural Management, 30(05), 1902-31.

Lingard, H C, Cooke, T and Blismas, N (2012) Designing for construction workers' occupational health and safety: a case study of socio-material complexity. Construction Management and Economics, 30(05), 367-82.

Liu, L, Wang, X and Sheng, Z (2012) Achieving ambidexterity in large, complex engineering projects: a case study of the Sutong Bridge project. Construction Management and Economics, 30(05), 399-409.

Maharjan, S, Shrestha, P P and Srirangam, D (2023) Impact of mobilization costs on schedule performance of highway projects. Engineering, Construction and Architectural Management, 30(05), 2008-25.

Mansoori, S, Harkonen, J and Haapasalo, H (2023) Productization and product structure enabling BIM implementation in construction. Engineering, Construction and Architectural Management, 30(05), 2155-84.

Moshtaghian, F and Noorzai, E (2023) Integration of risk management within the building information modeling (BIM) framework. Engineering, Construction and Architectural Management, 30(05), 1951-77.

Osuizugbo, I C, Kukoyi, P O, Abisuga, A O and Ibrahim, K (2023) Choosing to be a craftsperson: factors influencing career decision-making among apprentices. Engineering, Construction and Architectural Management, 30(05), 2026-47.

Pham, H T, Pham, T, Truong Quang, H and Dang, C N (2023) Impact of transformational leadership on green learning and green innovation in construction supply chains. Engineering, Construction and Architectural Management, 30(05), 1883-901.

Qabaja, M and Tenekeci, G (2023) Nexus between construction sector and economic indicators for Turkey and European Union evidenced by panel data analysis. Engineering, Construction and Architectural Management, 30(05), 1978-2007.

  • Type: Journal Article
  • Keywords: causality; cointegration; construction sector; european union; gdp; interest rate; Turkey
  • ISBN/ISSN:
  • URL: https://doi.org/10.1108/ECAM-10-2021-0927
  • Abstract:

    Purpose: The research aims to study the regression, cointegration and causality between the construction sector (CS) and the Gross Domestic Product (GDP), considering other variables in the study such as interest rate, taxation, industry sector, investment and Foreign Direct Investment (FDI), which are analyzed through unique panel models. The study was conducted in Turkey and the ten other countries of the European Union (EU) from 1988 to 2019. Design/methodology/approach: Regression, cointegration and causality methods were used to investigate the different types of relationships between variables in the models. Data were obtained from official databases and the study contains four main stages, which are explained in detail in the methodology section. Findings: The study used the analysis methods of regression, cointegration and causality tests and found that the CS and GDP have long-run estimates and the relationship between the two for different countries is negative in a two-way direction. Results are detailed in the analysis section. Research limitations/implications: No data were available for the variables before 1988 for most countries, which led to a limited number of observations and issues in statistical analysis methods. Originality/value: Previously, only input and output tables were used in the analysis. The impact of interest rate, taxation, investment and FDI has not been analyzed. Key variables are very relevant for Turkey, which suffers from chronical inflation and taxation regimes. These show variability with the EU countries for comparative analysis and have not been explored to date, remaining as a major gap for the construction industry. No attempts were made to use regression, cointegration and causality methods with variables. These analysis methods enable an understanding of the differences in variance (heteroscedasticity) and the presence of cross-sectional dependence (CSD), both critical for the reliability of the comparison of data sets and analysis.

Sena, T C and Fabricio, M M (2023) Framework proposal for BIM implementation in Brazilian construction and development companies. Engineering, Construction and Architectural Management, 30(05), 2101-23.

Sompolgrunk, A, Banihashemi, S, Hosseini, M R, Golzad, H and Hajirasouli, A (2023) An integrated model of BIM return on investment for Australian small- and medium-sized enterprises (SMEs). Engineering, Construction and Architectural Management, 30(05), 2048-74.

Stasinopoulos, T N (2023) Comparing insolation on building façades in five different climates. Engineering, Construction and Architectural Management, 30(05), 1835-63.

Straub, A (2002) Strategic technical management of housing stock: lessons from Dutch housing associations. Building Research & Information, 30(05), 372–81.

Tam, C M, Tam, V W Y and Zeng, S X (2002) Environmental Performance Evaluation (EPE) for construction. Building Research & Information, 30(05), 349–61.

Wuni, I Y, Shen, G Q and Saka, A B (2023) Computing the severities of critical onsite assembly risk factors for modular integrated construction projects. Engineering, Construction and Architectural Management, 30(05), 1864-82.

Zhang, Q, Oo, B L and Lim, B T H (2023) Key practices and impact factors of corporate social responsibility implementation: Evidence from construction firms. Engineering, Construction and Architectural Management, 30(05), 2124-54.

Zimina, D, Ballard, G and Pasquire, C (2012) Target value design: using collaboration and a lean approach to reduce construction cost. Construction Management and Economics, 30(05), 383-98.