Stochastic forecast of construction cost index using a cointegrated vector autoregression model

Journal of Management in Engineering

Volumn 29, Issue 1, 2013, Pages 10-18

  Xu, Jiang Wei ^a,b   Moon, Sungwoo ^b  

^a SOUTHWEST UNIVERSITY OF POLITICAL SCIENCE AND LAW   (China)

^b Pusan National University   (South Korea)

Author keywords

Cointegrated vector autoregression; Construction cost index; Cost estimate; Stochastic forecast

Indexed keywords

ACCURATE ESTIMATION; ACCURATE MEASUREMENT; CONSTRUCTION BUDGET; CONSTRUCTION COST INDICES; CONSTRUCTION COSTS; CONSUMER PRICE INDEX; COST ESCALATION; COST ESTIMATE; COST INDEXES; COST MANAGEMENT; DYNAMIC INTERACTION; FORECASTING TECHNIQUES; HISTORICAL DATA; RESOURCE PLANNING; RISK AND UNCERTAINTY; STOCHASTIC FORECAST; VECTOR AUTOREGRESSIONS;

BUDGET CONTROL; CONSTRUCTION INDUSTRY; FORECASTING; REGRESSION ANALYSIS; RISK ASSESSMENT; RISK PERCEPTION; STOCHASTIC MODELS; STOCHASTIC SYSTEMS; VALUE ENGINEERING;

COST ESTIMATING;

EID: 84872692063     PISSN: 0742597X     EISSN: None     Source Type: Journal    
DOI: 10.1061/(ASCE)ME.1943-5479.0000112     Document Type: Article

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