THE CONSTRUCTION SECTOR IMPACT ON THE TURKISH ECONOMY AND COMPARATIVE ANALYSIS WITH EUROPEAN UNION COUNTRIES /
Qabaja, Mohammad Sami A.
THE CONSTRUCTION SECTOR IMPACT ON THE TURKISH ECONOMY AND COMPARATIVE ANALYSIS WITH EUROPEAN UNION COUNTRIES / MOHAMMAD SAMI A. QABAJA; SUPERVISOR: ASST. PROF. DR. GÖKTUĞ TENEKECİ - 270 sheets; 31 cm. Includes CD
Thesis (PhD) - Cyprus International University. Institute of Graduate Studies and Research Civil Engineering Department
Includes bibliography (sheets 142-157)
ABSTRACT
The study investigates the impact of the construction sector on the gross domestic
product by taking into consideration the interest rate and tax effects where these factors
played big roles in growing the economy and construction sector. The study's purpose
is to explore the type of relationship between the construction sector and the GDP
growth in a bidirectional way through using statistical analysis that measures the
regression, cointegration and causality test where these methods will give results of
the relationship, long run, short-run and causality. Also, the study contains other
different variables that are related to the construction sector and GDP such as interest
rate, taxation, industry sector, investment, and foreign direct investment where these
variables were investigated through four special models. The study explored Turkey
and other 11 countries of the European Union from 1988 to 2019 that were chosen
based on Gross Domestic Product and the Purchasing Power Parity. The data of the
study was collected from official databases and analyzed by a panel system with four
main steps to Eliminate any unrealistic results. The study found negative long-run
estimates between the construction sector and GDP in a bidirectional way in Turkey
and a unidirectional way in Spain. The interest rate and taxation play a role in GDP
and the construction sector through long-run estimates and causality in most countries
of the study where the interest rate affect the GDP by - 0.083% and on construction
sector by - 0.039% in Turkey, in Portugal by -0.29% and in Spain by -0.19%. The
construction sector has negative estimates with the industry sector by -1.48% in
Germany, -2.40% in Sweden and negative estimates with foreign direct investment by
-0.27% in Spain, but the construction sector has positive long-run estimates with
investments in Turkey by +37%, +36% in France, 51% in Germany, +48% in Greece,
+39% in Portugal and by +58% in Spain. More results are detailed in the analysis
chapter for each country and for the total panel.
Cointegration--Dissertations, Academic
Building--Dissertations, Academic
Interest rates--Dissertations, Academic
THE CONSTRUCTION SECTOR IMPACT ON THE TURKISH ECONOMY AND COMPARATIVE ANALYSIS WITH EUROPEAN UNION COUNTRIES / MOHAMMAD SAMI A. QABAJA; SUPERVISOR: ASST. PROF. DR. GÖKTUĞ TENEKECİ - 270 sheets; 31 cm. Includes CD
Thesis (PhD) - Cyprus International University. Institute of Graduate Studies and Research Civil Engineering Department
Includes bibliography (sheets 142-157)
ABSTRACT
The study investigates the impact of the construction sector on the gross domestic
product by taking into consideration the interest rate and tax effects where these factors
played big roles in growing the economy and construction sector. The study's purpose
is to explore the type of relationship between the construction sector and the GDP
growth in a bidirectional way through using statistical analysis that measures the
regression, cointegration and causality test where these methods will give results of
the relationship, long run, short-run and causality. Also, the study contains other
different variables that are related to the construction sector and GDP such as interest
rate, taxation, industry sector, investment, and foreign direct investment where these
variables were investigated through four special models. The study explored Turkey
and other 11 countries of the European Union from 1988 to 2019 that were chosen
based on Gross Domestic Product and the Purchasing Power Parity. The data of the
study was collected from official databases and analyzed by a panel system with four
main steps to Eliminate any unrealistic results. The study found negative long-run
estimates between the construction sector and GDP in a bidirectional way in Turkey
and a unidirectional way in Spain. The interest rate and taxation play a role in GDP
and the construction sector through long-run estimates and causality in most countries
of the study where the interest rate affect the GDP by - 0.083% and on construction
sector by - 0.039% in Turkey, in Portugal by -0.29% and in Spain by -0.19%. The
construction sector has negative estimates with the industry sector by -1.48% in
Germany, -2.40% in Sweden and negative estimates with foreign direct investment by
-0.27% in Spain, but the construction sector has positive long-run estimates with
investments in Turkey by +37%, +36% in France, 51% in Germany, +48% in Greece,
+39% in Portugal and by +58% in Spain. More results are detailed in the analysis
chapter for each country and for the total panel.
Cointegration--Dissertations, Academic
Building--Dissertations, Academic
Interest rates--Dissertations, Academic