Lopes, J P; Oliveira, R A and Abreu, M I (2019) Estimating the built environment stock in Cape Verde. Engineering, Construction and Architectural Management, 26(5), pp. 814-826. ISSN 0969-9988
Abstract
Purpose: The purpose of this paper is to present the estimates of the value of the built environment stock in Cape Verde, a Sub-Saharan African country that is scattered through ten relatively small islands. Design/methodology/approach: It applies the perpetual inventory method in a long series of construction investment data at 1980 and 2007 constant prices published by the Cape Verde’s National Statistics Office. Findings: The results show that the capital-output ratio is similar to those in the advanced industrial countries. The high value of this indicator suggests that the country should shift its focus from building new investment projects to managing the considerable amount of built stock. Originality/value: The main originality of the paper comes from the use of different data sets from the National Statistical Office to construct the indicators of the construction industry activity in a comprehensive way.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | built stock; Cape Verde; capital accounts; construction; estimating; methodology; perpetual inventory method |
| Index terms: | built environment, statistics, construction industry, estimate, inventory, methodology, estimating, high-value, Cape Verde |
| Subjects: | Geography, inventory management, research methods, industry analysis, infrastructure and transport systems, mathematical modelling, financial and cost management, economic analysis |
| Topics: | Urban Studies, Supply Chain Management, Cost Management, Business Strategy, Research Practice, Geographical Context |
| Descriptive scope: | 4 PCTA |
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