The Driving Force behind the Boom and Bust in Construction in Europe

WP/13/181

The Driving Force behind the Boom and Bust in Construction in Europe
This paper studies the factors behind pro-cyclical but widely varying construction shares (as a percent of GDP) across countries, with a strong focus on European countries. Using a dataset covering 48 countries (including advanced and emerging economies within and outside Europe) for 1990-2011, we find that country's geography, demographics, and... READ MORE...

Publication date: August 2013
ISBN 9781484392485
$18.00

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Publication date: August 2013

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Publication date: August 2013

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