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Stock-Flow Model for Forecasting Labor Supply.

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Title: Stock-Flow Model for Forecasting Labor Supply.
Authors: Sing, Chun-pong1, Love, P. E. D.2, Tam, C. M.3
Source: Journal of Construction Engineering & Management. Jun2012, Vol. 138 Issue 6, p707-715. 9p.
Subjects: Labor market research, Stock-flow analysis, Forecasting, Construction industry, Supply & demand
Geographic Terms: Hong Kong (China), China
Abstract: Forecasting the supply of labor in the construction industry is pivotal to long-term 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. [ABSTRACT FROM AUTHOR]
Copyright of Journal of Construction Engineering & Management is the property of American Society of Civil Engineers and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Engineering Source
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DbLabel: Engineering Source
An: 76274289
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PubType: Academic Journal
PubTypeId: academicJournal
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  Data: Stock-Flow Model for Forecasting Labor Supply.
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  Data: <searchLink fieldCode="DE" term="%22Labor+market+research%22">Labor market research</searchLink><br /><searchLink fieldCode="DE" term="%22Stock-flow+analysis%22">Stock-flow analysis</searchLink><br /><searchLink fieldCode="DE" term="%22Forecasting%22">Forecasting</searchLink><br /><searchLink fieldCode="DE" term="%22Construction+industry%22">Construction industry</searchLink><br /><searchLink fieldCode="DE" term="%22Supply+%26+demand%22">Supply & demand</searchLink>
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  Label: Abstract
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  Data: Forecasting the supply of labor in the construction industry is pivotal to long-term 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. [ABSTRACT FROM AUTHOR]
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  Data: <i>Copyright of Journal of Construction Engineering & Management is the property of American Society of Civil Engineers and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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RecordInfo BibRecord:
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      – Type: doi
        Value: 10.1061/(ASCE)CO.1943-7862.0000485
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      – Code: eng
        Text: English
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      Pagination:
        PageCount: 9
        StartPage: 707
    Subjects:
      – SubjectFull: Labor market research
        Type: general
      – SubjectFull: Stock-flow analysis
        Type: general
      – SubjectFull: Forecasting
        Type: general
      – SubjectFull: Construction industry
        Type: general
      – SubjectFull: Supply & demand
        Type: general
      – SubjectFull: Hong Kong (China)
        Type: general
      – SubjectFull: China
        Type: general
    Titles:
      – TitleFull: Stock-Flow Model for Forecasting Labor Supply.
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            NameFull: Sing, Chun-pong
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            NameFull: Love, P. E. D.
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            NameFull: Tam, C. M.
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          Dates:
            – D: 01
              M: 06
              Text: Jun2012
              Type: published
              Y: 2012
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              Value: 138
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              Value: 6
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            – TitleFull: Journal of Construction Engineering & Management
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