Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/190166 
Year of Publication: 
2018
Series/Report no.: 
WIDER Working Paper No. 2018/119
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
The research explores the structure and performance of Ghana's construction subsector, in light of the country's 2007 oil discovery. Using primary and secondary data resources, we discuss how marginal costs and expenditure shocks may vary within the construction sector for subsectors such as housing, roads, and other important social infrastructure such as drainage. We analyse expenditure shocks that may result from inflation and price dynamics, finding that construction sector costs are closely related to exchange rate movements. We identify key bottlenecks to the supply response of the sector and recommend institutional and policy reforms to improve performance and output.
Subjects: 
construction sector
price dynamics
expenditure shocks
marginal costs
Ghana
JEL: 
E31
F31
O25
Y10
Persistent Identifier of the first edition: 
ISBN: 
978-92-9256-561-9
Document Type: 
Working Paper

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