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Title: The construction sector and economic development: the 'Bon curve'
Author: Ruddock, Les
Lopes, Jorge
Keywords: Bon curve
Construction activity
Economic development
Issue Date: 2006
Citation: Ruddock, Les; Lopes, Jorge (2006) - The construction sector and economic development: the 'Bon curve'. Construction Management and Economics. UK. ISSN 0144-6193. p.717-723
Abstract: The complexities of the relationship between a country’s level of construction activity and its stage of economic development are considerable. Studies over the last three decades, based on macroeconomic analysis, have attempted to model the relationship but have usually been hampered by problems of data quality and availability. Nevertheless, paradigms have emerged (usually based on Keynesian philosophy), which are concerned with the dynamics of construction activity as an agent in the promotion of economic growth in economies at different stages of development. One such is the ‘Bon curve’. An examination of the data issues of attempting to assess the validity of the proposition is made and then the role of the construction sector in highly developed economies is considered.
Peer review: yes
ISSN: 0144-6193
Appears in Collections:DCCP - Artigos em Revistas Não Indexados ao ISI/Scopus

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