Advisor(s)
Abstract(s)
The purpose of this paper is to present the estimates of the value of the built environment stock in
Cape Verde, a Sub-Saharan African country that is scattered through ten relatively small islands.
Design/methodology/approach – It applies the perpetual inventory method in a long series of
construction investment data at 1980 and 2007 constant prices published by the Cape Verde’s National
Statistics Office.
Findings – The results show that the capital-output ratio is similar to those in the advanced industrial
countries. The high value of this indicator suggests that the country should shift its focus from building new
investment projects to managing the considerable amount of built stock.
Originality/value – The main originality of the paper comes from the use of different data sets from the
National StatisticalOffice to construct the indicators of the construction industry activity in a comprehensive way.
Description
Keywords
Built stock Cape Verde Capital accounts Construction Estimating Perpetual inventory method
Pedagogical Context
Citation
Lopes, Jorge Pedro; Oliveira, Rui Alexandre; Abreu, Maria Isabel (2019). Estimating the built environment stock in Cape Verde. Engineering, Construction and Architectural Management. ISSN 0969-9988. 26, p. 814-826