IDEAS home Printed from https://ideas.repec.org/a/taf/conmgt/v29y2011i1p59-68.html
   My bibliography  Save this article

Exploring the dynamics of the Turkish construction industry using input-output analysis

Author

Listed:
  • Seli-super-˙n Gundes

Abstract

Construction is commonly regarded as an important industry in economic policy making owing to its strong interactions with other sectors in the economy. Using six national input-output (IO) tables compiled to date and economic data for the period between 1969 and 2006, the behaviour of the Turkish construction sector and its relationships to investment, income and to other sectors in the economy are examined. Analysis reveals that the construction industry is losing its propulsive role and that it tends to exaggerate the fluctuations of the economy. The examination of lead and lag times between changes in GNP, construction activity and investments show that public sector spending cuts, in particular, have significant effects on the amplitude and the timing of slumps of the industry. The analysis of linkage indicators indicates that for the whole period under consideration the construction industry has high linkages with only one other industry. Thus the 'leading' role it plays in the economy is questioned.

Suggested Citation

  • Seli-super-˙n Gundes, 2011. "Exploring the dynamics of the Turkish construction industry using input-output analysis," Construction Management and Economics, Taylor & Francis Journals, vol. 29(1), pages 59-68.
    • Handle: RePEc:taf:conmgt:v:29:y:2011:i:1:p:59-68
    DOI: 10.1080/01446193.2010.529925
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/01446193.2010.529925
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/01446193.2010.529925?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Patricia M. Hillebrandt, 2000. "Economic Theory and the Construction Industry," Palgrave Macmillan Books, Palgrave Macmillan, edition 0, number 978-0-230-37248-1, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Escavy, J.I. & Herrero, M.J. & Trigos, L. & Sanz-Pérez, E., 2020. "Demographic vs economic variables in the modelling and forecasting of the demand of aggregates: The case of the Spanish market (1995–2016)," Resources Policy, Elsevier, vol. 65(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ferda Halicioglu, 2007. "The demand for new housing in Turkey: an application of ARDL model," Global Business and Economics Review, Inderscience Enterprises Ltd, vol. 9(1), pages 62-74.
    2. Danny Myers, 2003. "The future of construction economics as an academic discipline," Construction Management and Economics, Taylor & Francis Journals, vol. 21(2), pages 103-106.
    3. S. Thomas Ng & Ryan Fan & James Wong & Albert Chan & Y. H. Chiang & Patrick Lam & Mohan Kumaraswamy, 2009. "Coping with structural change in construction: experiences gained from advanced economies," Construction Management and Economics, Taylor & Francis Journals, vol. 27(2), pages 165-180.
    4. Chan Swee Lean, 2001. "Empirical tests to discern linkages between construction and other economic sectors in Singapore," Construction Management and Economics, Taylor & Francis Journals, vol. 19(4), pages 355-363.
    5. Alexander Styhre, 2011. "In the circuit of credibility: construction workers and the norms of 'a good job'," Construction Management and Economics, Taylor & Francis Journals, vol. 29(2), pages 199-209.
    6. Elena IONAȘCU, 2019. "The Dynamic Relationship Between The Residential Real Estate Markets, Macro – Economy And Institutional Development: Evidence From Eu Countries," EURINT, Centre for European Studies, Alexandru Ioan Cuza University, vol. 6, pages 75-107.
    7. S. Thomas Ng & Ryan Fan & James Wong, 2011. "An econometric model for forecasting private construction investment in Hong Kong," Construction Management and Economics, Taylor & Francis Journals, vol. 29(5), pages 519-534.
    8. Yuepeng Cui & Daan Liang & Bradley T. Ewing & Ali Nejat, 2016. "Development, specification and validation of Hurricane Resiliency Index," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 82(3), pages 2149-2165, July.
    9. Rafaela Martinez Mendez, 2011. "Analisis De La Industria De La Construccion Estado De Puebla Mexico," Revista Internacional Administracion & Finanzas, The Institute for Business and Finance Research, vol. 4(2), pages 21-33.
    10. Min-Ren Yan, 2015. "Project-Based Market Competition and Policy Implications for Sustainable Developments in Building and Construction Sectors," Sustainability, MDPI, vol. 7(11), pages 1-26, November.
    11. Ang Yee Kwan & George Ofori, 2001. "Chinese culture and successful implementation of partnering in Singapore's construction industry," Construction Management and Economics, Taylor & Francis Journals, vol. 19(6), pages 619-632.
    12. George Ofori, 2003. "Frameworks for analysing international construction," Construction Management and Economics, Taylor & Francis Journals, vol. 21(4), pages 379-391.
    13. Pavlos Metallinos, 2013. "Application of mathematical method in public works tendering in Greece," European Journal of Law and Economics, Springer, vol. 35(3), pages 397-407, June.
    14. Titus Kivaa Mbiti & Nick Blismas & Ron Wakefield & Ric Lombardo, 2011. "System archetypes underlying the problematic behaviour of construction activity in Kenya," Construction Management and Economics, Taylor & Francis Journals, vol. 29(1), pages 3-13.
    15. Alexander Styhre, 2011. "The overworked site manager: gendered ideologies in the construction industry," Construction Management and Economics, Taylor & Francis Journals, vol. 29(9), pages 943-955, May.
    16. Oluwole Alfred Olatunji, 2010. "The impact of oil price regimes on construction cost in Nigeria," Construction Management and Economics, Taylor & Francis Journals, vol. 28(7), pages 747-759.
    17. Tirataci Hakan & Yaman Hakan, 2023. "Estimation of ideal construction duration in tender preparation stage for housing projects," Organization, Technology and Management in Construction, Sciendo, vol. 15(1), pages 192-212, January.
    18. Kargi, Bilal, 2013. "Interaction between the economic growth and the construction industry: A time series analysis on Turkey (2000-2012)," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 3, pages 20-34.
    19. Metallinos Pavlos, 2022. "Failure Case of Earned Value Method (EVM): The “Absurd” of the Use of Management & Contingency Reserves Budgeting," Baltic Journal of Real Estate Economics and Construction Management, Sciendo, vol. 10(1), pages 41-75, January.
    20. George Ofori, 2007. "Construction in Developing Countries," Construction Management and Economics, Taylor & Francis Journals, vol. 25(1), pages 1-6.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:conmgt:v:29:y:2011:i:1:p:59-68. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RCME20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.