Forecasting of Construction Growth and Investment in Turkey
The construction sector is regarded as a significant factor influencing economic policies in developing countries like Turkey. Construction investments play an important role in short term economic growth whereas infrastructure investments are vital in long term growth. Developing countries utilize their construction sectors as regulators. In this study, forecasting of construction growth and construction investment was analyzed in Turkey. ARIMA models were used in this study for forecasting of Construction growth and construction investments. It has been seen that, the variables taken at hand is explained at an important rate with their own delayed variables.
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