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A model for construction sector development in middle-income sub-saharan african countries

dc.contributor.authorLopes, Jorge
dc.contributor.authorBanaitienė, Nerija
dc.date.accessioned2024-10-08T10:16:49Z
dc.date.available2024-10-08T10:16:49Z
dc.date.issued2024
dc.description.abstractBuildings and other constructed facilities form the essential framework of a country's physical and economic infrastructure. Construction serves as a key capital input to production, driving economic growth and wealth generation. This impact can be particularly transformative in low -to -middle -income countries. Physical infrastructure, including construction, is a powerful engine of economic growth and is closely related to national economic performance. However, not all studies agree with the commonly held belief that construction investment has a positive impact on economic growth, particularly concerning the amount of investment and the relationship between construction investment and economic growth. So far, cross-country studies dealing with the construction sector -economic growth relationship have used indicators of national output and construction that are not strictly comparable between countries. This article reviews the main strands of the literature on the role that the construction sector plays in the national economy and economic development. It also uses novel data drawn from the "capital file" of the PENN World Table (version 10.1) to assess the development pattern of the construction sector in two groups of sub-Saharan African (SSA) countries on the middle -income status of economic development, for the period between 1990 and 2019. The study reveals that construction shares, measured as the proportion of gross fixed capital formation attributable to construction in the gross domestic product, revolve around a norm determined by the level of built assets preceding the reference period. The results of the study could have policy implications for the economic sustainability of the construction industry in SSA.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationLopes, Jorge; Banaitienė, Nerija (2024). A model for construction sector development in middle-income sub-saharan african countries. Technological and Economic Development of Economy. ISSN 2029-4913pt_PT
dc.identifier.doi10.3846/tede.2024.21453pt_PT
dc.identifier.eissn2029-4921
dc.identifier.issn2029-4913
dc.identifier.urihttp://hdl.handle.net/10198/30357
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherVilnius Gediminas Tech Univpt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectBuilt assetspt_PT
dc.subjectBuilt capital-national output ratiopt_PT
dc.subjectConstruction sectorpt_PT
dc.subjectEconomic sustainabilitypt_PT
dc.subjectPENN World Tablept_PT
dc.subjectSub-Saharan Africapt_PT
dc.titleA model for construction sector development in middle-income sub-saharan african countriespt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage27pt_PT
oaire.citation.startPage1pt_PT
oaire.citation.titleTechnological and Economic Development of Economypt_PT
person.familyNameLopes
person.givenNameJorge
person.identifier2190025
person.identifier.ciencia-idC717-48BF-73F7
person.identifier.orcid0000-0002-4799-0166
person.identifier.ridAAK-2127-2020
person.identifier.scopus-author-id7202732761
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication00b52a70-b4c9-4bcb-ba11-8736c0690411
relation.isAuthorOfPublication.latestForDiscovery00b52a70-b4c9-4bcb-ba11-8736c0690411

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