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

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

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

Volume/Issue: 2013/181

Series: IMF Working Papers

Author(s): Yan Sun , Pritha Mitra , and Alejandro Simone

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 August 2013

ISBN: 9781484392485

Keywords: Construction, Business Cycle, Error-correction, European Growth, expenditure, stock market, capital expenditure, stock market index, Europe: 1913-71,

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 (in...

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

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

Volume/Issue: 2013/181

Series: IMF Working Papers

Author(s): Yan Sun , Pritha Mitra , and Alejandro Simone

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 August 2013

DOI: http://dx.doi.org/10.5089/9781484392485.001

ISBN: 9781484392485

Keywords: Construction, Business Cycle, Error-correction, European Growth, expenditure, stock market, capital expenditure, stock market index, Europe: 1913-71,

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 (in...