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The role of the construction sector in Ghana

Author

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  • Nkechi Owoo
  • Monica P. Lambon-Quayefio

Abstract

The research explores the structure and performance of Ghana's construction subsector, in light of the country's 2007 oil discovery. Using primary and secondary data resources, we discuss how marginal costs and expenditure shocks may vary within the construction sector for subsectors such as housing, roads, and other important social infrastructure such as drainage. We analyse expenditure shocks that may result from inflation and price dynamics, finding that construction sector costs are closely related to exchange rate movements.

Suggested Citation

  • Nkechi Owoo & Monica P. Lambon-Quayefio, 2018. "The role of the construction sector in Ghana," WIDER Working Paper Series wp-2018-119, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2018-119
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    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2018-119.pdf
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    References listed on IDEAS

    as
    1. Park, Se-Hark, 1989. "Linkages between industry and services and their implications for urban employment generation in developing countries," Journal of Development Economics, Elsevier, vol. 30(2), pages 359-379, April.
    2. Ackah, Charles & Adjasi, Charles & Turkson, Festus, 2014. "Scoping study on the evolution of industry in Ghana," WIDER Working Paper Series 075, World Institute for Development Economic Research (UNU-WIDER).
    3. Charles Godfred Ackah & Charles Adjasi & Festus Turkson, 2014. "Scoping Study on the Evolution of Industry in Ghana," WIDER Working Paper Series wp-2014-075, World Institute for Development Economic Research (UNU-WIDER).
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    Cited by:

    1. Zakari Mustapha & Benjamin Boahene Akomah & Samuel Kwame Ansah, 2023. "Construction Projects Success: Time, Cost, Quality and Safety," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(9), pages 680-688, September.
    2. Kasimu Ssenyange, 2023. "The Impact of Leadership Styles on Government Construction Project Success: A Structural Equation Modelling Approach," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 13(3), pages 50-75.
    3. Martina Kirchberger, 2018. "The role of the construction sector," WIDER Working Paper Series wp-2018-146, World Institute for Development Economic Research (UNU-WIDER).

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