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.
Topics in Middle Eastern and North African Economies
Middle East Economic Association and Loyola University Chicago
Tajaddini, Reza and Gholipour Fereidouni, Hassan, "Natural resource export revenues and construction activities in OPEC countries". Topics in Middle Eastern and North African Economies, electronic journal, 18, 2, Middle East Economic Association and Loyola University Chicago, 2016, http://www.luc.edu/orgs/meea/
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