Search results for: Md. Aftabuzzaman
1 Exploring the Relationship between Building Construction Activity and Road-Related Expenditure in Victoria
Authors: Md. Aftabuzzaman, Md. Kamruzzaman
Abstract:
Road-related expenditure and building construction activity are two significant drivers of the Victorian economy. This paper investigates the relationship between building construction activity and road-related expenditure. Data for construction activities were collected from Victorian Building Authority, and road-related expenditure data were explored by the Bureau of Infrastructure and Transport Research Economics. The trend between these two sectors was compared. The analysis found a strong relationship between road-related expenditure and the volume of construction activity, i.e., the more construction activities, the greater the requirement of road-related expenditure, or vice-versa. The road-related expenditure has a two-year lag period, suggesting that the road sector requires two years to respond to the growth in the building sector.
Keywords: Building construction activity, infrastructure, road expenditure, Victorian building authority.
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