Abstract
To better manage and forecast the demand for labor in the construction industry, a mathematical model is developed using a distributed lag model and labor multiplier approach. The model is tested using economic statistics and manpower data derived from Hong Kong construction projects. The model can be used by public and private sectors to forecast future labor demand so that an optimal workforce can be attained.
Original language | English |
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Pages (from-to) | 1161-1168 |
Number of pages | 8 |
Journal | Journal of Construction Engineering and Management |
Volume | 138 |
Issue number | 10 |
DOIs | |
Publication status | Published - 1 Oct 2012 |
Externally published | Yes |
Keywords
- Distributed lag model
- Forecasting
- Labor multiplier
- Manpower demand
ASJC Scopus subject areas
- Civil and Structural Engineering
- Building and Construction
- Industrial relations
- Strategy and Management