THE EFFECT OF CONSTRUCTION SECTOR ON THE ECONOMIC GROWTH OF JORDAN

  • Raed Alqirem Al-Zaytoonah University of Jordan
  • Hamad Kasasbeh
  • Nawaf Alghusin

Abstract

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

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Published
2018-12-28