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