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The construction industry and macroeconomy in Sub-Saharan Africa post 1970

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  • Jorge Lopes

Abstract

This paper reports research aimed at the establishment of a model of interdependence between the construction sector and the national economy, based on a long term trend, for the developing countries of Sub-Saharan Africa. This study follows research undertaken by previous writers who have investigated the relationship between the construction sector and economic development and found a positive relationship between the share of construction in gross domestic product (GDP) and the level of per capita national income. In addition, recent economic and demographic trends in Sub-Saharan Africa are presented and significant events that have had a great impact in this region are highlighted. Evidence is presented that a long term decreasing growth in GDP per capita corresponds directly to a relative decrease in construction volume. The converse does not appear to be true.

Suggested Citation

  • Jorge Lopes, 1998. "The construction industry and macroeconomy in Sub-Saharan Africa post 1970," Construction Management and Economics, Taylor & Francis Journals, vol. 16(6), pages 637-649.
    • Handle: RePEc:taf:conmgt:v:16:y:1998:i:6:p:637-649
    DOI: 10.1080/014461998371935
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    References listed on IDEAS

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    1. Syrquin, M. & Chenery, H.B., 1989. "Patterns Of Development, 1950 To 1983," World Bank - Discussion Papers 41, World Bank.
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    Cited by:

    1. Elena Stupnikova & Tatyana Sukhadolets, 2019. "Construction Sector Role in Gross Fixed Capital Formation: Empirical Data from Russia," Economies, MDPI, vol. 7(2), pages 1-16, May.
    2. Yanfang Sun & Haiyan Xie & Xirong Niu, 2019. "Characteristics of Cyclical Fluctuations in the Development of the Chinese Construction Industry," Sustainability, MDPI, vol. 11(17), pages 1-14, August.

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