Integration between the Economic Growth and the Construction Industry: A Time Series Analysis on Turkey (2000-2012)

Emerging Markets Journal, Vol. 3, No. 1, pp. 20-34, 2013

16 Pages Posted: 22 May 2014

See all articles by Bilal Kargi

Bilal Kargi

Aksaray University - Department of Banking and Finance

Date Written: 2013

Abstract

In this study the relation between the economic growth and the construction industry has been tackled. While the growth the rate of the construction industry in the developing countries is more than the GDP growth rate, it is detected that the percent age it takes in the GDP of developed countries relatively diminishes. On the other hand the construction industry’s growth in the economic fluctuation periods, in the aftermath of a recession, is more than the GDP. These two proposals are tested by the quarterly data of 2000:01-2012:03 for Turkey. Additionally the relation between the economic growth and the construction industry is subjected to the Granger causality test.

Keywords: Economic growth, construction industry, time series analysis

JEL Classification: O40, L74

Suggested Citation

Kargi, Bilal, Integration between the Economic Growth and the Construction Industry: A Time Series Analysis on Turkey (2000-2012) (2013). Emerging Markets Journal, Vol. 3, No. 1, pp. 20-34, 2013, Available at SSRN: https://ssrn.com/abstract=2439271

Bilal Kargi (Contact Author)

Aksaray University - Department of Banking and Finance ( email )

Aksaray Üniversitesi
Şereflikoçhisar
Aksaray, Ankara 68100
Turkey

HOME PAGE: http://bilalkargi.wix.com/bilalkargix

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