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Bröchner, J and Silfwerbrand, J (2019) Performance of performance specifications in design-build highway projects . Construction Economics and Building, 19(02), 111-125.

Ekundayo, D, Babatunde, S.O, Ekundayo, A, Perera, S and Udeaja, C (2019) Life cycle carbon emissions and comparative evaluation of selected open source UK embodied carbon counting tools. Construction Economics and Building, 19(02), 220-242.

Khanyile, N.S.M, Musonda,I and Agumba, J.N (2019) Evaluating the relationship between communication management practices and project outcomes: a case study of Eswatini (Swaziland) construction industry. Construction Economics and Building, 19(02), 197-219.

Okoro, C.S, Musonda, I and Agumba, J.N (2019) Validity and reliability of a transportation infrastructure sustainable performance framework: a study of transport projects in South Africa. Construction Economics and Building, 19(02), 126-143.

Olanipekun, A.O and Saka, N (2019) Response of the Nigerian construction sector to economic shocks. Construction Economics and Building, 19(02), 160-180.

  • Type: Journal Article
  • Keywords: Construction Sector (CS), Gross Domestic Product (GDP), Econometric Methodology, Government
  • ISBN/ISSN: 2204-9029
  • URL: https://doi.org/10.5130/AJCEB.v19i2.6667
  • Abstract:
    The construction sector (CS) is an economic barometer that mirrors the state of the economy. Therefore, the construction sector is susceptible to economic impacts. This study investigated the impact of economic shocks (measured with the Gross Domestic Product (GDP)) on construction sector performance. The study used econometric methodology which involves several sequential procedure including unit root test, cointegration test, causality and exogeneity tests. The data used was the Annualized time series data about GDP and construction sector. The data were extracted from the United Nations Statistics Division database based on the year 2010 US Dollars price over a forty seven (47) year period (1970-2016). The study found that the GDP significantly caused the construction sector output in all tests investigated. The study concluded that the construction sector significantly responded to economic shocks in both the short and long run. The study recommended that government should develop a policy framework that supports a concurrent development of the economy and the construction sector in Nigeria.

Vogel, J.A, Lind, H, and Holm, C (2019) Incentivising innovation in the construction sector: the role of consulting contracts. Construction Economics and Building, 19(02), 181-196.

Zalejska – Jonsson, A and Muyingo, H (2019) Building inspection in multi-dwelling housing and the perception of building quality. Construction Economics and Building, 19(02), 144-159.