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Betts, M (1987) British public expenditure on construction less than claimed?. Construction Management and Economics, 5(01), 13-20.

Davis, C and Cochrane, S R (1987) Optimization of future manpower requirements in a multi-discipline consultancy. Construction Management and Economics, 5(01), 45-56.

Ewart, K, Shields, T J and Silcock, G W (1987) An analysis of the cost of compliance with the Fire Service Order, Northern Ireland, 1985. Construction Management and Economics, 5(01), 3-12.

Laufer, A (1987) Construction safety: economics, information and management involvement. Construction Management and Economics, 5(01), 73-90.

Lowe, J G (1987) Monopoly and the materials supply industries of the UK. Construction Management and Economics, 5(01), 57-71.

Taylor, R G and Bowen, P A (1987) Building price-level forecasting: An examination of techniques and applications. Construction Management and Economics, 5(01), 21-44.

  • Type: Journal Article
  • Keywords: cost; index; forecasting; price; time series
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446198700000004
  • Abstract:

    Building price indices provide a means of updating cast data for estimating purposes, extrapolation from existing building cost trends, forecasting future price levels, etc, and thus a definite need exists to forecast future building price index levels. In this paper the writers examine a number of forecasting techniques from a hierarchy of forecasting techniques and assess their suitability via the vehicle of the BER building cost index. Special emphasis is placed on the ability of the forecasting methods to model a changing process.