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Analysis of the causal relation between construction activity and the gross domestic product of two neighbouring economies : Portugal and Spain

dc.contributor.authorNunes, Alcina
dc.contributor.authorLopes, Jorge
dc.contributor.authorBalsa, Carlos
dc.date.accessioned2014-09-12T09:38:19Z
dc.date.available2014-09-12T09:38:19Z
dc.date.issued2011
dc.description.abstractIt has long been recognised that the role of the construction industry in a country’s national economy goes beyond its share in national output. Using time–series data drawn from the United Nations national accounts databases, this study applies the econometric Granger causality methodology to investigate the relationship between construction activity, measured by the construction value added, and the Gross Domestic Product (GDP) of two neighbouring economies – Portugal and Spain. In a comparison basis, the paper intends to identify the existence of a causal relation between the construction sector and each one of the aggregate economies. In particular, it tries to verify if the construction activity contributes to economic growth and/or economic growth contributes to the dynamics of the construction industry activity in these two countries. For both countries is find evidence that GDP growth leads the growth in the construction sector, in the short and medium-run. The opposite is not observed.por
dc.identifier.citationNunes, Alcina; Lopes, Jorge; Balsa, Carlos (2011). Analysis of the causal relation between construction activity and the gross domestic product of two neighbouring economies : Portugal and Spain. In 17.º CONGRESSO DA APDR - 5.º Congresso de Gestão e Conservação da Natureza - Congresso Internacional da APDR/ AECR. Bragança - Zamora. p.1023-1033. ISBN 978-989-96353-2-6por
dc.identifier.isbn978-989-96353-2-6
dc.identifier.urihttp://hdl.handle.net/10198/10409
dc.language.isoporpor
dc.peerreviewedyespor
dc.publisherAssociação Portuguesa de Desenvolvimento Regional - APDRpor
dc.subjectPortugalpor
dc.subjectSpainpor
dc.subjectConstruction sectorpor
dc.subjectGDPpor
dc.subjectUnit root testspor
dc.subjectGranger causalitypor
dc.titleAnalysis of the causal relation between construction activity and the gross domestic product of two neighbouring economies : Portugal and Spainpor
dc.typeconference object
dspace.entity.typePublication
oaire.citation.conferencePlaceBragança - Zamorapor
oaire.citation.endPage1033por
oaire.citation.startPage1023por
oaire.citation.title17.º CONGRESSO DA APDR - 5.º Congresso de Gestão e Conservação da Natureza - Congresso Internacional da APDR/ AECRpor
person.familyNameNunes
person.familyNameLopes
person.familyNameBalsa
person.givenNameAlcina
person.givenNameJorge
person.givenNameCarlos
person.identifier2190025
person.identifier1721518
person.identifier.ciencia-id1111-680F-0CAF
person.identifier.ciencia-idC717-48BF-73F7
person.identifier.ciencia-idDE1E-2F7A-AAB1
person.identifier.orcid0000-0003-4056-9747
person.identifier.orcid0000-0002-4799-0166
person.identifier.orcid0000-0003-2431-8665
person.identifier.ridM-8259-2013
person.identifier.ridAAK-2127-2020
person.identifier.ridM-8735-2013
person.identifier.scopus-author-id55907654000
person.identifier.scopus-author-id7202732761
person.identifier.scopus-author-id23391719100
rcaap.rightsopenAccesspor
rcaap.typeconferenceObjectpor
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relation.isAuthorOfPublication.latestForDiscovery00b52a70-b4c9-4bcb-ba11-8736c0690411

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