Stock-Flow Model for Forecasting Labor Supply
Forecasting the supply of labor in the construction industry is pivotal to long-te1m economic growth. A labor supply model using a stock-flow approach was developed in this research for use in the construction industry. The model was tested using Hong Kong census statistics and data derived from int...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
University of Johannesburg
2012
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| Online Access: | http://hdl.handle.net/20.500.11937/27100 |
| _version_ | 1848752169764782080 |
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| author | Sing, Michael Love, Peter Tam, C. |
| author_facet | Sing, Michael Love, Peter Tam, C. |
| author_sort | Sing, Michael |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Forecasting the supply of labor in the construction industry is pivotal to long-te1m economic growth. A labor supply model using a stock-flow approach was developed in this research for use in the construction industry. The model was tested using Hong Kong census statistics and data derived from interviews with 3,000 randomly selected construction workers. The findings were determined using a stock-flow model, which enabled the determination of future aging distribution trends and workforce supply for specific trade types. The developed stock-flow model can be effectively used in countries in which registration schemes for construction workers are in use. |
| first_indexed | 2025-11-14T08:04:21Z |
| format | Journal Article |
| id | curtin-20.500.11937-27100 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T08:04:21Z |
| publishDate | 2012 |
| publisher | University of Johannesburg |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-271002017-09-13T15:31:39Z Stock-Flow Model for Forecasting Labor Supply Sing, Michael Love, Peter Tam, C. Forecasting the supply of labor in the construction industry is pivotal to long-te1m economic growth. A labor supply model using a stock-flow approach was developed in this research for use in the construction industry. The model was tested using Hong Kong census statistics and data derived from interviews with 3,000 randomly selected construction workers. The findings were determined using a stock-flow model, which enabled the determination of future aging distribution trends and workforce supply for specific trade types. The developed stock-flow model can be effectively used in countries in which registration schemes for construction workers are in use. 2012 Journal Article http://hdl.handle.net/20.500.11937/27100 10.1061/(ASCE)CO.1943-7862.0000485 University of Johannesburg restricted |
| spellingShingle | Sing, Michael Love, Peter Tam, C. Stock-Flow Model for Forecasting Labor Supply |
| title | Stock-Flow Model for Forecasting Labor Supply |
| title_full | Stock-Flow Model for Forecasting Labor Supply |
| title_fullStr | Stock-Flow Model for Forecasting Labor Supply |
| title_full_unstemmed | Stock-Flow Model for Forecasting Labor Supply |
| title_short | Stock-Flow Model for Forecasting Labor Supply |
| title_sort | stock-flow model for forecasting labor supply |
| url | http://hdl.handle.net/20.500.11937/27100 |