Construction Sector in the Czech Republic and Poland: Focus on the Housing Segment in Selected Regions

The paper presents a comparative analysis of the construction sector in the Czech Republic and Poland, with a particular focus on the housing segment in selected regions. The authors compared the size and growth ofthe housing segment. To achieve the purpose, spatial and dynamic analyses of the cons...

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Bibliographic Details
Main Authors: Monika PŁAZIAK, Anna Irena SZYMAŃSKA
Format: Article
Language:English
Published: Cracow University of Economics 2014-06-01
Series:Entrepreneurial Business and Economics Review
Subjects:
Online Access:http:////eber.uek.krakow.pl/index.php/eber/article/view/43
Description
Summary:The paper presents a comparative analysis of the construction sector in the Czech Republic and Poland, with a particular focus on the housing segment in selected regions. The authors compared the size and growth ofthe housing segment. To achieve the purpose, spatial and dynamic analyses of the construction sector indicators were conducted, with a particular emphasis on the housing segment (i.e. growth of construction sectorproduction, completed dwellings per 1000 inhabitants). In global economic crisis, the construction production fluctuation displayed a  similar  trend  for  both  countries,  with  the  worst  indicators  reported  in  2010  and 2011.  The  main  analysis  focused  on  the  dwelling  segment.  The  Czech  Republic reported  a  negative  growth  (-2.4%)  in  the  number  of  completed  dwellings  in  the period, while Poland reported a positive growth of 32.6%. Analysed  countries  differ  regarding  the construction  industry  output,  which  depends  on  the  different  population  potential and uneven distribution of construction projects, particularly in the housing segment. Nonetheless, a common tendency was observed in the housing segment showing an intensified growth in the output in the areas that hadseen fewer investment projects. Comparison  of  the  construction  sector  status  and development in selected regions of the Czech Republic and Poland can be helpful to entrepreneurs,  investors  and  employees  from  both  countries  in  recognizing  a potential demand for dwellings.
ISSN:2353-883X
2353-8821