Testing for the development of the construction sector with economic development

2014 ◽  
Author(s):  
GaoLu Zou ◽  
K.W. Chau
Keyword(s):  
Economic Development ◽  
Construction Sector

scholarly journals Initiative activities of the subjects of the investment and construction complex

2020 ◽  
Vol 17 (1) ◽  
pp. 211-215
Author(s):  
L. I. Egorova ◽  
Keyword(s):  
Economic Development ◽  
Construction Industry ◽  
Current Direction ◽  
Construction Sector ◽  
Factors Affecting ◽  
The Social ◽  
Social And Economic Development ◽  
Economic Sphere ◽  
Management Functions

The role and influence of investment and construction activities in the social and economic development of the country is indicated. In accordance with the data on the condition and development of the construction sector, its main problems, tasks and ways to solve them, as well as problems and factors affecting the subjects of the investment and construction complex, are considered. The investment and construction complex is considered as an initiative economic sphere of activity of entrepreneurial type entities, depending on the current direction of construction development, complications of tasks and management functions of investment and construction activities. In this regard, it is proposed to strengthen the integration processes in the management of investment and construction industry.

The Construction Sector in Mozambique

2020 ◽  
pp. 183-208
Author(s):  
António S. Cruz ◽  
Francisco Fernandes ◽  
Fausto J. Mafambissa ◽  
Francisco Pereira
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Debt Crisis ◽  
Construction Sector ◽  
Construction Costs ◽  
Construction Companies ◽  
Long Run ◽  
Policy Measures

Mozambique’s construction sector has long played an important role in the economy. However, this sector has proven to be vulnerable to economic fluctuations, such as those which emerged after 2014 with the macroeconomic and debt crisis, and faces challenges which need to be addressed through long-term sector policies. International experience shows that investment in infrastructure and human capital can play a key role in economic development by enabling expansion in activities, deeper intersectoral integration, and structural transformation in the long run. However, when countries face high construction costs, this can negatively affect the quality of public infrastructures. Moreover, bottlenecks affecting construction companies prevent them from expanding, which leads to an increase in costs and prices when there is a surge in demand. This chapter aims both to identify the main bottlenecks affecting the sector and to present some policy measures.

Service and Construction Sector of Malaysia: Causality Link (1991-2013)

2014 ◽  
Vol 567 ◽  
pp. 619-624
Author(s):  
Raza Ali Khan ◽  
Mohd Shahir Liew ◽  
Zulkipli bin Ghazali
Keyword(s):  
Time Series ◽  
Economic Development ◽  
Granger Causality ◽  
Crucial Role ◽  
Service Sector ◽  
Construction Sector ◽  
Economic Activities ◽  
Socio Economic Development ◽  
The Impact ◽  
Two Sectors

The number of research studies has been conducted over the importance of service and construction sector in an economy and confirmed that these two sectors are always being closely associated to the aggregate economy and play crucial role in the socio economic development of a country. The objective of this study is to examine the link between the construction and service sector of Malaysia during the last two decades by using time series econometric analysis. The Granger causality approach is used to obtain the objective of the study. The results of the study suggest that there is a uni-directional (one way) association between the service and construction sector in Malaysia i.e. construction sector to service sector. The construction sector plays a significant role to motivate the economic activities of the service sector in Malaysia and the service sector take 6 months (two quarters) to absorb the impact of a shock coming from the construction sector. The results of the study are important and useful for developing future policies for the construction and services sectors of Malaysia. The results are also important and informative for interested parties of the sectors.

scholarly journals The Construction Sector in Tanzania

2020 ◽  
pp. 256-281
Author(s):  
Geraldine J. Kikwasi ◽  
Cecilia Escalante
Keyword(s):  
Growth Rate ◽  
Economic Development ◽  
Residential Buildings ◽  
Middle Income Country ◽  
Income Country ◽  
Construction Sector ◽  
Middle Income ◽  
Social And Economic Development ◽  
Positive Growth ◽  
General Economy

The construction sector—via, for example, housing, roads, bridges, water, health, and power infrastructure—is a key enabler for social and economic development worldwide. In Tanzania, the sector growth rate is well above the general economy and has maintained positive growth in response to the country’s investments in commercial and residential buildings and infrastructure projects. Despite the promising growth over recent decades, the sector encounters bottlenecks and challenges in the areas of access to land, construction permits, skills, and availability of materials and equipment that hinder the potential of the sector as a contributor for achieving the vision of reaching middle-income country status. The structure of the sector, underlying policies, challenges, and recommendations are at the centre of discussion in this chapter.

scholarly journals Management of remittances and their role in economic development in Kosovo

2020 ◽  
Vol 14 (2) ◽  
pp. 2059-2065
Author(s):  
Bashkim Bellaqa ◽  
Gezim Jusufi
Keyword(s):  
Economic Development ◽  
Household Income ◽  
Essential Element ◽  
Development Trend ◽  
Financial Resources ◽  
Construction Sector ◽  
Global Level ◽  
Important Input ◽  
The Republic ◽  
The Impact

In the Republic of Kosovo remittances have been and continue to be one of the contributors to economic development and have served as a source of household income. Remittances at the national as well as at the global level are an essential element of combating poverty, and can be said to represent one of the largest flows of financial resources at the global level. The main purpose of this article is to analyze the impact of remittances on economic growth, present the comparability of remittance trends over the years, remittance management, in the Kosovo case. The findings of the study should serve as an important input in improving the management of remittance policies and strategies by the Kosovo government in order to increase the impact of remittances on Kosovo's economic development. Trend analysis shows that remittances in Kosovo continued to grow steadily from 2005 to 2018; remittances were greater in 2015 worth € 772 million, one of the main reasons for remittances to Kosovo, results to be the support of the households, while the largest share of Kosovar emigrants' investments was in the construction sector, where investment in the sector was over 40%.

scholarly journals Potential avenues of linking the energye efficiency and the sustainable economic development in the Balkan region

2021 ◽  
Vol 3 (2) ◽  
pp. 97-101
Author(s):  
Ognjen Ridic ◽  
Jasmina Mangafic ◽  
Josip Nikolic ◽  
Azra Smjecanin
Keyword(s):  
Energy Efficiency ◽  
Economic Development ◽  
Research Problem ◽  
Value Chains ◽  
Energy Management System ◽  
Construction Sector ◽  
Southeastern Europe ◽  
Macroeconomic Impact ◽  
Balkan Region ◽  
New Buildings

The energy efficiency represents a global and multi-faceted issue. It is especially important in the former socialist countries belonging to the Balkan’s region being geographically located in the Southeastern Europe (SE). The research problem addressed in this paper focuses on the unexplored potential links between the energy efficiency and the economic development. Energy efficiency is deemed to be highly job intensive phenomenon. It delivers multiple long-range benefits by the means of increasing competitiveness, energy affordability, and decreasing energy bills. Furthermore, it seeks to tackle the important issues of reduced reliance on energy importing, reduction in harmful greenhouse gas emissions and freeing up of funds to be critically invested in other economic areas. Energy efficiency, efficient and effective policies have been found to be directly linked to job creation and deliverance of the economic stimulus. These types of jobs are related to the activities with the paramount aim in reduction of the energy consumption. Investments in energy efficiency in the buildings and construction sector have been found to have brought about the greatest macroeconomic impact. This impact is due to the increasing need for the construction of new buildings and renovation of existing ones, in addition to its considerable potential in activation of the above listed industries’ value chains. The introduction of energy management system (EMS) being exemplified through the set of processes which utilize data to maintain and enhance energy efficiency and operational efficiency could be one of the important avenues to pursue. On the other hand, the EMS reduces the energy intensity and detrimental environmental polluting impact.

scholarly journals Call for Roadmap for Successful Adoption of CSR in Malaysian Construction

2019 ◽  
Vol 8 (11) ◽  
pp. 808-813
Keyword(s):  
Economic Development ◽  
Corporate Social Responsibility ◽  
Business Strategies ◽  
Construction Sector ◽  
Ethical Business ◽  
The Social ◽  
Wide Range ◽  
Social And Economic Development ◽  
Corporate Social ◽  
Business Philosophy

Despite its vital contribution to the social and economic development, the nature of the construction sector which compounded with wide range of unethical issues has called for the urgent needs to promote an ethical business philosophy in line with the concept of corporate social responsibility (CSR). However, the concept of CSR and how it was implemented within the construction sector has yet to be clearly understood. In this paper, focus is given to understand of crucial factors that lead to successful adoption of CSR in practice. Theoretically, this paper could provide a better understanding on how to successfully integrating CSR into business strategies and in turn, maximum benefits from such effort could be expected

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