Derleme
The Relationship Between the Construction Industry and Gross Domestic Product (GDP) Growth in Azerbaijan
Öz
This article examines the interaction between the construction industry and economic development in the Republic of Azerbaijan, with a particular focus on gross domestic product (GDP) growth. The construction sector functions as one of the strategic pillars of the national economy, and its development exerts a significant influence on the country’s overall economic performance. Using statistical data, the study evaluates the impact of changes in construction activity on GDP growth and derives scientific conclusions based on the empirical results. In addition, the article discusses the interrelationship between the development of the construction industry and other economic sectors, the role of state policy, and the importance of strategic measures. Overall, the continued development of the construction industry provides a foundation for sustainable and balanced economic growth in Azerbaijan and serves as a decisive factor in supporting GDP growth.
Anahtar Kelimeler
Construction industry Gross domestic product (GDP) Economic growth Industrial development Infrastructure projects
Kaynakça
- Aliyev, V., & Mammadov, T. (2022). The mutual impact of economic growth and the construction sector in Azerbaijan: An empirical approach. Azerbaijan Economic Journal, 30(2), 45–59.
- Binnetov, Y. C. (2019). The impact of the state's investment policy on the development of construction in modern conditions. In Materials of the Republican Scientific-Practical Conference on the topic “Modern state of industry and development problems: The impact of technoparks and industrial districts on the economic development of the country” (pp. 105–107). AzMIU.
- Guliyev, S. (2021). The impact of the development of the construction sector on economic growth: A regional approach. Azerbaijan University Scientific Works, 15(1), 88–97.
- International Monetary Fund. (2023). Republic of Azerbaijan: Staff country report and macroeconomic outlook. https://www.imf.org/en/Publications
- Ministry of Economy of the Republic of Azerbaijan. (2023). Analysis and report on the development of the non-oil sector in the Republic of Azerbaijan. https://www.economy.gov.az
- Organisation for Economic Co-operation and Development. (2022a). Construction and economic growth: Structural linkages and challenges. OECD Publishing. https://www.oecd.org/economy
- Organisation for Economic Co-operation and Development. (2022b). Construction and economic growth: Structural relationships. OECD Publishing.
- State Statistical Committee of the Republic of Azerbaijan. (2024). Socio-economic indicators of the Republic of Azerbaijan: 2010–2024. https://www.stat.gov.az
- UN-Habitat. (2021). The role of the construction sector in sustainable urban development. https://unhabitat.org World Bank. (2023a). Azerbaijan economic update-Spring 2023. https://www.worldbank.org/en/country/azerbaijan/publication/economic-update
- World Bank. (2023b). Azerbaijan economic review. World Bank Group. (Internal document).
Yıl 2025,
Cilt: 12 Sayı: 6, 508 - 513, 26.12.2025
Öz
Bu makale, Azerbaycan Cumhuriyeti’nde inşaat sektörü ile ekonomik kalkınma arasındaki etkileşimi, özellikle gayri safi yurt içi hasıla (GSYH) büyümesi bağlamında incelemektedir. İnşaat sektörü, ulusal ekonominin stratejik temel sektörlerinden biri olarak işlev görmekte olup, gelişimi ülkenin genel ekonomik performansı üzerinde önemli bir etkiye sahiptir. Çalışmada, istatistiksel veriler kullanılarak inşaat faaliyetlerindeki değişimlerin GSYH büyümesi üzerindeki etkisi analiz edilmekte ve elde edilen ampirik bulgulara dayanarak bilimsel sonuçlar ortaya konulmaktadır. Ayrıca makalede, inşaat sektörünün gelişimi ile diğer ekonomik sektörler arasındaki karşılıklı ilişkiler, devlet politikasının rolü ve stratejik önlemlerin önemi ele alınmaktadır. Genel olarak, inşaat sektörünün gelişiminin sürdürülmesi, Azerbaycan ekonomisinin sürdürülebilir ve dengeli büyümesi için bir temel oluşturmakta ve GSYH büyümesini destekleyen belirleyici bir unsur olarak öne çıkmaktadır.
Anahtar Kelimeler
İnşaat sektörü Gayri safi yurt içi hasıla (GSYH) Ekonomik büyüme Endüstriyel gelişme Altyapı projeleri
Kaynakça
- Aliyev, V., & Mammadov, T. (2022). The mutual impact of economic growth and the construction sector in Azerbaijan: An empirical approach. Azerbaijan Economic Journal, 30(2), 45–59.
- Binnetov, Y. C. (2019). The impact of the state's investment policy on the development of construction in modern conditions. In Materials of the Republican Scientific-Practical Conference on the topic “Modern state of industry and development problems: The impact of technoparks and industrial districts on the economic development of the country” (pp. 105–107). AzMIU.
- Guliyev, S. (2021). The impact of the development of the construction sector on economic growth: A regional approach. Azerbaijan University Scientific Works, 15(1), 88–97.
- International Monetary Fund. (2023). Republic of Azerbaijan: Staff country report and macroeconomic outlook. https://www.imf.org/en/Publications
- Ministry of Economy of the Republic of Azerbaijan. (2023). Analysis and report on the development of the non-oil sector in the Republic of Azerbaijan. https://www.economy.gov.az
- Organisation for Economic Co-operation and Development. (2022a). Construction and economic growth: Structural linkages and challenges. OECD Publishing. https://www.oecd.org/economy
- Organisation for Economic Co-operation and Development. (2022b). Construction and economic growth: Structural relationships. OECD Publishing.
- State Statistical Committee of the Republic of Azerbaijan. (2024). Socio-economic indicators of the Republic of Azerbaijan: 2010–2024. https://www.stat.gov.az
- UN-Habitat. (2021). The role of the construction sector in sustainable urban development. https://unhabitat.org World Bank. (2023a). Azerbaijan economic update-Spring 2023. https://www.worldbank.org/en/country/azerbaijan/publication/economic-update
- World Bank. (2023b). Azerbaijan economic review. World Bank Group. (Internal document).
Yıl 2025,
Cilt: 12 Sayı: 6, 508 - 513, 26.12.2025
Öz
Kaynakça
- Aliyev, V., & Mammadov, T. (2022). The mutual impact of economic growth and the construction sector in Azerbaijan: An empirical approach. Azerbaijan Economic Journal, 30(2), 45–59.
- Binnetov, Y. C. (2019). The impact of the state's investment policy on the development of construction in modern conditions. In Materials of the Republican Scientific-Practical Conference on the topic “Modern state of industry and development problems: The impact of technoparks and industrial districts on the economic development of the country” (pp. 105–107). AzMIU.
- Guliyev, S. (2021). The impact of the development of the construction sector on economic growth: A regional approach. Azerbaijan University Scientific Works, 15(1), 88–97.
- International Monetary Fund. (2023). Republic of Azerbaijan: Staff country report and macroeconomic outlook. https://www.imf.org/en/Publications
- Ministry of Economy of the Republic of Azerbaijan. (2023). Analysis and report on the development of the non-oil sector in the Republic of Azerbaijan. https://www.economy.gov.az
- Organisation for Economic Co-operation and Development. (2022a). Construction and economic growth: Structural linkages and challenges. OECD Publishing. https://www.oecd.org/economy
- Organisation for Economic Co-operation and Development. (2022b). Construction and economic growth: Structural relationships. OECD Publishing.
- State Statistical Committee of the Republic of Azerbaijan. (2024). Socio-economic indicators of the Republic of Azerbaijan: 2010–2024. https://www.stat.gov.az
- UN-Habitat. (2021). The role of the construction sector in sustainable urban development. https://unhabitat.org World Bank. (2023a). Azerbaijan economic update-Spring 2023. https://www.worldbank.org/en/country/azerbaijan/publication/economic-update
- World Bank. (2023b). Azerbaijan economic review. World Bank Group. (Internal document).
Yıl 2025,
Cilt: 12 Sayı: 6, 508 - 513, 26.12.2025
Öz
Kaynakça
- Aliyev, V., & Mammadov, T. (2022). The mutual impact of economic growth and the construction sector in Azerbaijan: An empirical approach. Azerbaijan Economic Journal, 30(2), 45–59.
- Binnetov, Y. C. (2019). The impact of the state's investment policy on the development of construction in modern conditions. In Materials of the Republican Scientific-Practical Conference on the topic “Modern state of industry and development problems: The impact of technoparks and industrial districts on the economic development of the country” (pp. 105–107). AzMIU.
- Guliyev, S. (2021). The impact of the development of the construction sector on economic growth: A regional approach. Azerbaijan University Scientific Works, 15(1), 88–97.
- International Monetary Fund. (2023). Republic of Azerbaijan: Staff country report and macroeconomic outlook. https://www.imf.org/en/Publications
- Ministry of Economy of the Republic of Azerbaijan. (2023). Analysis and report on the development of the non-oil sector in the Republic of Azerbaijan. https://www.economy.gov.az
- Organisation for Economic Co-operation and Development. (2022a). Construction and economic growth: Structural linkages and challenges. OECD Publishing. https://www.oecd.org/economy
- Organisation for Economic Co-operation and Development. (2022b). Construction and economic growth: Structural relationships. OECD Publishing.
- State Statistical Committee of the Republic of Azerbaijan. (2024). Socio-economic indicators of the Republic of Azerbaijan: 2010–2024. https://www.stat.gov.az
- UN-Habitat. (2021). The role of the construction sector in sustainable urban development. https://unhabitat.org World Bank. (2023a). Azerbaijan economic update-Spring 2023. https://www.worldbank.org/en/country/azerbaijan/publication/economic-update
- World Bank. (2023b). Azerbaijan economic review. World Bank Group. (Internal document).
Yıl 2025,
Cilt: 12 Sayı: 6, 508 - 513, 26.12.2025
Öz
Kaynakça
- Aliyev, V., & Mammadov, T. (2022). The mutual impact of economic growth and the construction sector in Azerbaijan: An empirical approach. Azerbaijan Economic Journal, 30(2), 45–59.
- Binnetov, Y. C. (2019). The impact of the state's investment policy on the development of construction in modern conditions. In Materials of the Republican Scientific-Practical Conference on the topic “Modern state of industry and development problems: The impact of technoparks and industrial districts on the economic development of the country” (pp. 105–107). AzMIU.
- Guliyev, S. (2021). The impact of the development of the construction sector on economic growth: A regional approach. Azerbaijan University Scientific Works, 15(1), 88–97.
- International Monetary Fund. (2023). Republic of Azerbaijan: Staff country report and macroeconomic outlook. https://www.imf.org/en/Publications
- Ministry of Economy of the Republic of Azerbaijan. (2023). Analysis and report on the development of the non-oil sector in the Republic of Azerbaijan. https://www.economy.gov.az
- Organisation for Economic Co-operation and Development. (2022a). Construction and economic growth: Structural linkages and challenges. OECD Publishing. https://www.oecd.org/economy
- Organisation for Economic Co-operation and Development. (2022b). Construction and economic growth: Structural relationships. OECD Publishing.
- State Statistical Committee of the Republic of Azerbaijan. (2024). Socio-economic indicators of the Republic of Azerbaijan: 2010–2024. https://www.stat.gov.az
- UN-Habitat. (2021). The role of the construction sector in sustainable urban development. https://unhabitat.org World Bank. (2023a). Azerbaijan economic update-Spring 2023. https://www.worldbank.org/en/country/azerbaijan/publication/economic-update
- World Bank. (2023b). Azerbaijan economic review. World Bank Group. (Internal document).
Yıl 2025,
Cilt: 12 Sayı: 6, 508 - 513, 26.12.2025
Öz
Kaynakça
- Aliyev, V., & Mammadov, T. (2022). The mutual impact of economic growth and the construction sector in Azerbaijan: An empirical approach. Azerbaijan Economic Journal, 30(2), 45–59.
- Binnetov, Y. C. (2019). The impact of the state's investment policy on the development of construction in modern conditions. In Materials of the Republican Scientific-Practical Conference on the topic “Modern state of industry and development problems: The impact of technoparks and industrial districts on the economic development of the country” (pp. 105–107). AzMIU.
- Guliyev, S. (2021). The impact of the development of the construction sector on economic growth: A regional approach. Azerbaijan University Scientific Works, 15(1), 88–97.
- International Monetary Fund. (2023). Republic of Azerbaijan: Staff country report and macroeconomic outlook. https://www.imf.org/en/Publications
- Ministry of Economy of the Republic of Azerbaijan. (2023). Analysis and report on the development of the non-oil sector in the Republic of Azerbaijan. https://www.economy.gov.az
- Organisation for Economic Co-operation and Development. (2022a). Construction and economic growth: Structural linkages and challenges. OECD Publishing. https://www.oecd.org/economy
- Organisation for Economic Co-operation and Development. (2022b). Construction and economic growth: Structural relationships. OECD Publishing.
- State Statistical Committee of the Republic of Azerbaijan. (2024). Socio-economic indicators of the Republic of Azerbaijan: 2010–2024. https://www.stat.gov.az
- UN-Habitat. (2021). The role of the construction sector in sustainable urban development. https://unhabitat.org World Bank. (2023a). Azerbaijan economic update-Spring 2023. https://www.worldbank.org/en/country/azerbaijan/publication/economic-update
- World Bank. (2023b). Azerbaijan economic review. World Bank Group. (Internal document).
Yıl 2025,
Cilt: 12 Sayı: 6, 508 - 513, 26.12.2025
Öz
Kaynakça
- Aliyev, V., & Mammadov, T. (2022). The mutual impact of economic growth and the construction sector in Azerbaijan: An empirical approach. Azerbaijan Economic Journal, 30(2), 45–59.
- Binnetov, Y. C. (2019). The impact of the state's investment policy on the development of construction in modern conditions. In Materials of the Republican Scientific-Practical Conference on the topic “Modern state of industry and development problems: The impact of technoparks and industrial districts on the economic development of the country” (pp. 105–107). AzMIU.
- Guliyev, S. (2021). The impact of the development of the construction sector on economic growth: A regional approach. Azerbaijan University Scientific Works, 15(1), 88–97.
- International Monetary Fund. (2023). Republic of Azerbaijan: Staff country report and macroeconomic outlook. https://www.imf.org/en/Publications
- Ministry of Economy of the Republic of Azerbaijan. (2023). Analysis and report on the development of the non-oil sector in the Republic of Azerbaijan. https://www.economy.gov.az
- Organisation for Economic Co-operation and Development. (2022a). Construction and economic growth: Structural linkages and challenges. OECD Publishing. https://www.oecd.org/economy
- Organisation for Economic Co-operation and Development. (2022b). Construction and economic growth: Structural relationships. OECD Publishing.
- State Statistical Committee of the Republic of Azerbaijan. (2024). Socio-economic indicators of the Republic of Azerbaijan: 2010–2024. https://www.stat.gov.az
- UN-Habitat. (2021). The role of the construction sector in sustainable urban development. https://unhabitat.org World Bank. (2023a). Azerbaijan economic update-Spring 2023. https://www.worldbank.org/en/country/azerbaijan/publication/economic-update
- World Bank. (2023b). Azerbaijan economic review. World Bank Group. (Internal document).
Yıl 2025,
Cilt: 12 Sayı: 6, 508 - 513, 26.12.2025
Öz
Kaynakça
- Aliyev, V., & Mammadov, T. (2022). The mutual impact of economic growth and the construction sector in Azerbaijan: An empirical approach. Azerbaijan Economic Journal, 30(2), 45–59.
- Binnetov, Y. C. (2019). The impact of the state's investment policy on the development of construction in modern conditions. In Materials of the Republican Scientific-Practical Conference on the topic “Modern state of industry and development problems: The impact of technoparks and industrial districts on the economic development of the country” (pp. 105–107). AzMIU.
- Guliyev, S. (2021). The impact of the development of the construction sector on economic growth: A regional approach. Azerbaijan University Scientific Works, 15(1), 88–97.
- International Monetary Fund. (2023). Republic of Azerbaijan: Staff country report and macroeconomic outlook. https://www.imf.org/en/Publications
- Ministry of Economy of the Republic of Azerbaijan. (2023). Analysis and report on the development of the non-oil sector in the Republic of Azerbaijan. https://www.economy.gov.az
- Organisation for Economic Co-operation and Development. (2022a). Construction and economic growth: Structural linkages and challenges. OECD Publishing. https://www.oecd.org/economy
- Organisation for Economic Co-operation and Development. (2022b). Construction and economic growth: Structural relationships. OECD Publishing.
- State Statistical Committee of the Republic of Azerbaijan. (2024). Socio-economic indicators of the Republic of Azerbaijan: 2010–2024. https://www.stat.gov.az
- UN-Habitat. (2021). The role of the construction sector in sustainable urban development. https://unhabitat.org World Bank. (2023a). Azerbaijan economic update-Spring 2023. https://www.worldbank.org/en/country/azerbaijan/publication/economic-update
- World Bank. (2023b). Azerbaijan economic review. World Bank Group. (Internal document).
Toplam 10 adet kaynakça vardır.
Ayrıntılar
| Birincil Dil | İngilizce |
|---|---|
| Konular | Ekonomik Modeller ve Öngörü |
| Bölüm | Derleme |
| Yazarlar | |
| Gönderilme Tarihi | 25 Ağustos 2025 |
| Kabul Tarihi | 18 Aralık 2025 |
| Yayımlanma Tarihi | 26 Aralık 2025 |
| Yayımlandığı Sayı | Yıl 2025 Cilt: 12 Sayı: 6 |
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