ARTÍCULO
TITULO

Causal Relationship between Construction Production and GDP in Turkey

Hakki Kutay Bolkol    

Resumen

This study empirically investigates the causal relationship between construction production and GDP for Turkey during 2005Q1-2013Q4 period. Because it is found that, there is no cointegration which means there is no long run relationship between variables, VAR Granger Causality Method is used to test the causality in short run. The findings reveal that, the causality runs from GDP to Building Production and Building Production to Non-Building Production (i.e. bidirectional relationship). Findings of this paper suggest that, because there is no long run relationship between Construction Production (Building and Non-Building) and GDP and also in short run the causality runs from GDP to Construction Production, the growth strategy based on mainly Construction Sector growth is not a good idea for Turkey.

 Artículos similares

       
 
ROSDIANA SIJABAT     Pág. 1 - 23
This paper aims to examine the possible Granger-causality relationship between public debt and economic growth in Indonesia between 1998 and 2018. To accomplish this aim, a time series regression approach as well as diagnostic tests such as the Augment D... ver más

 
Sudirman Zaid     Pág. 12 - 18
This study aims to determine the relationship between trust, satisfaction, and repurchase intention at online shopping providers, such as Tokopedia, Bukalapak, Lazada, Zalora, and Blibli, in Kendari City. In detail, this study also aims to determine the ... ver más

 
Vidalina De Freitas, Guillermo Yáber, Carlos Zerpa     Pág. 30 - 51
This study proposes a structural model of the causal relationships that organizational, strategic, technological, and implementation factors have with knowledge management (KM) processes, as well as those between KM processes and the implementation facto... ver más

 
Ekrem Gül, Mustafa Torusdag     Pág. 405 - 427
From the 1950s and onwards, the relationship between democracy and economic development remains a matter of curiosity. In this study, the relationship between democracy and economic development as institutional determinants of military expenditures is in... ver más

 
Anne W Mbugua,Juliana Namada     Pág. 226 - 239
The purpose of the research is to examine the effect of information technology integration on the operational performance of the of Kenya?s public health sector level five hospitals in Kenya. The study examined the moderating role of public procurement t... ver más