An analysis of construction demand in Saudi Arabia

Munifi, A (2005) An analysis of construction demand in Saudi Arabia. PhD thesis, University College London, UK.

Abstract

This report considers the historical evolution of the construction industry in Saudi Arabia in an economic context over a period of 35 years, from 1969-2003, in a time series analysis. The report discusses the construction component in Saudi Arabia's Gross Domestic Product. This is done by reviewing its relation GDP and to relevant sectors. Other methods for measuring construction demand have also been attempted. Within the report, are discussions about the share of construction in GDP, construction investment and construction business cycles. There is a regional comparison too. Government publications such as the National Accounts, statistical yearbooks, five-year development plans and annual reports of the Saudi Arabian Monetary Agency and many other sources were searched for the relevant data. More than 70 tables and 120 figures are presented to illustrate performance, comparisons and trends. The most important conclusion found that construction is affected by the performance of the oil sector and GDP more than other sectors in the economy. Finally, these results also show that there is a need to update the data for the construction industry on a regular basis, while a study of other factors that affect the industry is also desirable.

Item Type: Thesis (Doctoral)
Uncontrolled Keywords: construction demand; government; investment; Saudi Arabia; time series
Index terms: construction demand, construction industry, Saudi Arabia, time-series analysis, gross domestic product, evolution, agency, publication, time series, annual report
Subjects: economic analysis, environmental science, data science, business, research dissemination and communication, industry analysis, sociology, research evaluation and metrics, market analysis, Geography
Topics: Geographical Context, Sustainability, Business Strategy, Research Practice, Information Management, Governance
Descriptive scope: 3 PTA

N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here