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 f...

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Bibliographic Details
Main Author: Sun, Yan
Other Authors: Mitra, Pritha, Simone, Alejandro
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/181
Online Access:Full text available on IMF