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Badenfelt, U (2010) I trust you, I trust you not: a longitudinal study of control mechanisms in incentive contracts. Construction Management and Economics, 28(03), 10.

Bradley, P E (2010) An ultrametric interpretation of building related event data. Construction Management and Economics, 28(03), 26.

Chao, L-C (2010) Estimating project overheads rate in bidding: DSS approach using neural networks. Construction Management and Economics, 28(03), 99.

Fan, R Y C, Ng, S T and Wong, J M W (2010) Reliability of the Box–Jenkins model for forecasting construction demand covering times of economic austerity. Construction Management and Economics, 28(03), 54.

  • Type: Journal Article
  • Keywords: construction demand; forecasting; Box-Jenkins technique; economic environment
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446190903369899
  • Abstract:
    As a driving engine for growth, the construction industry plays an important role in a country’s economic development process. Despite that, the industry is vulnerable to cyclical oscillation and at times more fundamental changes in work volume when the regional or global economy is hit by unforeseen events. In order to formulate appropriate policies and directions to help ease the impact of a fluctuating volume of construction work, a model that can reliably predict the work of various construction sectors after any economic turbulence would be extremely useful. In this study, the Box–Jenkins approach is used for model development due to its simplicity and sound theoretical background. The results illustrate that the Box–Jenkins models can reliably predict the medium-term total construction demand and residential demand covering a turbulent period of ups and downs in construction demand. A multiple regression model is also developed to compare against the modelling reliability of the Box–Jenkins model.

Jewell, C, Flanagan, R and Anaç, C (2010) Understanding UK construction professional services exports: definitions and characteristics. Construction Management and Economics, 28(03), 9.

Jones, S M, Ross, A and Sertyesilisik, B (2010) Testing the unfolding model of voluntary turnover on construction professionals. Construction Management and Economics, 28(03), 85.

Lowe, R (2000) Defining and meeting the carbon constraints of the 21st century. Building Research & Information, 28(03), 159–75.

Machado, M V, Roche, P M L, Mustieles, F and Oteiza, I d (2000) The fourth house: the design of a bio climatic house in Venezuela. Building Research & Information, 28(03), 196–211.

Pellegrini-Masini, G, Bowles, G, Peacock, A D, Ahadzi, M and Banfill, P F G (2010) Whole life costing of domestic energy demand reduction technologies: householder perspectives. Construction Management and Economics, 28(03), 29.

Smyth, H (2010) Construction industry performance improvement programmes: the UK case of demonstration projects in the ‘Continuous Improvement’ programme. Construction Management and Economics, 28(03), 70.

Thormark, C (2000) Including recycling potential in energy use into the life cycle of buildings. Building Research & Information, 28(03), 176–83.

Treloar, G J, Fay, R, Love, P E D and Iyer-Raniga, U (2000) Analysing the life-cycle energy of an Australian residential building and its householders. Building Research & Information, 28(03), 184–95.