IGB

Connexion

(Article of periodic en Anglais - 1983)

Document title

A regional forecasting model for construction activity

Authors(s) and Affiliation(s)

THOMAS R. W. ; STEKLER H. O. ;

Abstract

This paper presents a new, comprehensive and detailed model of construction activity. The model is intended primarily for forecasting applications. The model generates forecasts of new construction starts for each of the 50 states of the United States. Forecasts are made for 29 types of structures. The paper presents evidence that the structure of the determinants of construction activity varies across regions within the United States. Thus, prior models of construction, based only on national time-series data, may be subject to aggregation bias. Evaluation of the model's forecasts indicates that the model outperforms simpler forecasting methods.

Source

Article of periodic

published at : Regional science and urban economics Amsterdam

Editor :

Millesime : 1983, vol. 13, no4 [pp. 557-577]

Bibliographic references : 23 réf.

Language

Anglais

Refdoc record number (ud4) : 12365103 : Permanent link - XML version
Powered by Pxxo