THE EFFECT OF CONSTRUCTION SECTOR ON THE ECONOMIC GROWTH OF JORDAN

Raed Alqirem, Hamad Kasasbeh, Nawaf Alghusin

Abstract


The purpose of this study is to investigate the relationship between construction activity and economic growth
in Jordan. The study performs an ordinary least square (OLS) regression analysis by using annual data during
the period 2002-2015. The analysis indicates a significant relationship between the construction sector and economic
growth in Jordan. The study result that the GDP in Jordan is dependent on construction. This required
that the government should give the construction sector in Jordan more attention because of the importance of
this sector in the economic growth.


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