scholarly journals INTERACTION BETWEEN THE ECONOMIC GROWTH AND THE CONSTRUCTION INDUSTRY: A TIME SERIES ANALYSIS ON TURKEY (2000-2012)

2013 ◽  
Vol 3 (1) ◽  
pp. 20-34 ◽  
Author(s):  
Bilal Kargı

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.

Author(s):  
Addissie Melak

Economic growth of countries is one of the fundamental questions in economics. Most African countries are opening their economies for welcoming of foreign investors. As such Ethiopia, like many African countries took measures to attract and improve foreign direct investment. The purpose of this study is to examine the contribution of foreign direct investment (FDI) for economic growth of Ethiopia over the period of 1981-2013. The study shows an overview of Ethiopian economy and investment environment by the help of descriptive and econometric methods of analysis to establish empirical investigation for the contribution of FDI on Ethiopian economy. OLS method of time series analysis is employed to analyse the data. The stationary of the variables have been checked by using Augmented Dickey Fuller (ADF) Unit Root test and hence they are stationery at first difference. The co- integration test also shows that there is a long run relationship between the dependent and independent variables. Accordingly, the finding of the study shows that FDI, GDP per capita, exchange rate, total investment as percentage of GDP, inflow of FDI stock, trade as percentage of GDP, annual growth rate of GDP and liberalization of the economy have positive impact on Ethiopian GDP. Whereas Gross fixed domestic investment, inflows of FDI and Gross capital formation influence economic growth of Ethiopia negatively. This finding suggests that there should be better policy framework to attract and improve the volume of FDI through creating conducive environment for investment.


2016 ◽  
Vol 17 (5) ◽  
pp. 1026-1036 ◽  
Author(s):  
Abeid Ahmed Ramadhan ◽  
Zhi Hong Jian ◽  
Kyissima Kelvin Henry ◽  
Yapatake Kossele Thales Pacific

Sign in / Sign up

Export Citation Format

Share Document