Abstracts – Browse Results
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Adebara, T M (2024) Exploring the Temporary Appropriation of Marginal Open Spaces in Urban Residential Neighbourhoods. Journal of Construction in Developing Countries, 29(01), 47-65.
Amade, B, Moneke, U U and Okorie, C E (2024) Modelling the Hindrances to Building Information Modelling Adoption on Construction Projects in Nigeria. Journal of Construction in Developing Countries, 29(01), 23-46.
Bekele, A A and Mahesh, G (2024) Exploring the Impact of Endogenic Factors on the Competency of Small and Medium Contractors in the Ethiopian Construction Industry. Journal of Construction in Developing Countries, 29(01), 211-45.
Buyukyoran, F and Yaman, H (2024) Construction Sector Dynamics in Turkey: Economic Advancements and Vulnerabilities. Journal of Construction in Developing Countries, 29(01), 267-91.
- Type: Journal Article
- Keywords: construction-oriented economy; economic growth and development; government policies; macroeconomic decisions and outcomes; turkish construction sector
- ISBN/ISSN:
- URL: https://doi.org/10.21315/jcdc-04-23-0040
- Abstract:
The construction sector has strong linkages with other sectors, has enormous potential to absorb unemployment and possesses cyclical characteristics that are sensitive to macroeconomic conditions. It is also commonly regarded as a critical sector for achieving the desired economic growth and development of a country. Therefore, it is important to understand its effects on an economy to develop an appropriate economic policy. This article discussed the construction sector from a macroeconomic perspective in order to gain insight into the sector’s interaction with the economy. The central question was whether a construction-oriented economy could sustain economic growth and development in the long run. Turkey’s developing construction-oriented economy in the 2000s was used as a case study in this research. To this end, macroeconomic data obtained from official data providers were subjected to descriptive statistical analysis. The selection of macroeconomic indicators in this study, such as input costs, gross domestic product and money supply, was based on an economic theory that suggested the significance of these variables in affecting the dynamics of the construction sector. Empirical studies have consistently revealed the interdependence between these macroeconomic variables and the performance of the construction sector, thereby confirming their inclusion in this analysis. The results revealed that a disproportionate allocation of resources to the sector, coupled with misaligned support policies, could be detrimental to the long-term economic landscape. © Penerbit Universiti Sains Malaysia, 2024. This work is licensed under the terms of the Creative Commons Attribution (CC BY) (http://creativecommons.org/licenses/by/4.0/).
Draleti, G, Sengonzi, R and Kakitahi, J (2024) Improvement of Risk Management in Cost Estimation in the Building Construction Industry in Uganda. Journal of Construction in Developing Countries, 29(01), 111-38.
Fateh, M A M, Supian, A N and Goh, C S (2024) Managing Emotional Intelligence of Construction Players During COVID-19 in Malaysia. Journal of Construction in Developing Countries, 29(01), 191-210.
Matarneh, S (2024) Construction Disputes Causes and Resolution Methods: A Case Study from a Developing Country. Journal of Construction in Developing Countries, 29(01), 139-61.
Mengistu, D G, Ashene, D A and Beyene, M M (2024) Micro and Small Enterprises’ Development in the Ethiopian Construction Industry: The Challenges and Improvement Regulatory Framework. Journal of Construction in Developing Countries, 29(01), 67-85.
Mwelu, N, Watundu, S and Moya, M (2024) Demand Side Perception on Success Factors for Implementing Public Road Construction Projects. Journal of Construction in Developing Countries, 29(01), 1-22.
Nwal, S S, Panuwatwanich, K and Naing, M (2024) Critical Factors Influencing the Performance of Public Housing Construction Projects in Myanmar. Journal of Construction in Developing Countries, 29(01), 163-90.
Sospeter, N G and Awuzie, B O (2024) Capital Budgeting Implementation by Public Sector Construction Firms in Tanzania’s Housebuilding Industry: An Exploratory Study. Journal of Construction in Developing Countries, 29(01), 87-109.
Torres, D A, Herrera, A S A and Cano, J M G (2024) Bibliometric Analysis of the Journal of Construction in Developing Countries. Journal of Construction in Developing Countries, 29(01), 247-66.