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Chau, K W and Walker, A (1988) The measurement of total factor productivity of the Hong Kong construction industry. Construction Management and Economics, 6(03), 209-24.
Fazio, P, Moselhi, O, Theberge, P and Revay, S O (1988) Design impact of construction fast-track. Construction Management and Economics, 6(03), 195-208.
Herzog, H W and Schlottmann, A M (1988) Local business cycle severity and induced labour mobility: the case of the construction workforce. Construction Management and Economics, 6(03), 247-58.
- Type: Journal Article
- Keywords: business cycle; labour; migration
- ISBN/ISSN: 0144-6193
- URL: https://doi.org/10.1080/01446198800000021
- Abstract:
The purpose of this study is to examine inter- state labour mobility within the construction industry, a sector of the local/national economy whose output (employment) is highly cyclically sensitive. Econometric estimates of the construction work-force migration decision indicate that such workers are responsive to economic conditions throughout local labour markets when considering geographic mobility. In this regard, workers respond to both static and dynamic measures of local well being, and choose to move in the face of high local unemployment, slow growth, and high local cycle severity. In the latter respect, migration from metropolitan labour markets is significantly augmented (particularly among the unemployed) by the severity of local job loss attribute to national business cycle contractions, and stemmed somewhat by the rapidity of local job creation attributable to national expansions. The predominance of cycle-induced mobility within the construction work force (vis-a-vis static local economic conditions) has important implications to both regional and national planners concerned with stabilization aspects of public facility sitting (or closure). Thus, such worker responsiveness to local cycle severity should receive significant attention during impact assessment that precedes the construction (or closure) of large facilities such as military bases, public works and nuclear power plants.
Tan, W (1988) GNP, interest rate and construction investment: empirical evidence from USA data. Construction Management and Economics, 6(03), 185-93.
Wilson, O D and Sharpe, K (1988) Tenders and estimates: a probabilistic model. Construction Management and Economics, 6(03), 225-45.