Abstract
The purpose of this study is to analyse the interrelationship between natural resource export revenues and construction activities for a set of the OPEC countries over the period of 1980- 2013. By applying panel cointegration and panel causality tests, our results show that the Natural resources rents percentage of GDP (as a measure for natural resource export revenues) increases the GDP from construction industry (as a measure for construction activities) in the short-run but not in the long-run.
| Original language | English |
|---|---|
| Pages (from-to) | 201-210 |
| Number of pages | 10 |
| Journal | Topics in Middle Eastern and North African Economies |
| Volume | 18 |
| Issue number | 2 |
| Publication status | Published - 2016 |
Keywords
- Organization of Petroleum Exporting Countries
- construction industry
- exports
- natural resources
- petroleum