| Title |
An Analysis of Construction Tendency in Korea Market based on Variation of Gross Construction Industry Product |
| Authors |
Park Jae-Hyun ; Cho Yong ; Park Won-Ho ; Paek Joon-Hong |
| Keywords |
Construction Industry Product ; Construction Tendency ; Markov Switching Model ; GAUSS Program |
| Abstract |
Construction Industry is one of the major industries in Korea and it holds a high position. But Construction Industry highly respond to changes of politics, economy, society and international situation. And it causes economic instability in Korea. So analysis of international and domestic data is required that could help to know the Relationship to Construction Industry. This study used real index of GDP and quarter data which is construction condition. Markov Switching Model and GAUSS Program are used for analysis of each data and relationship. The analysis showed the result of possibility. |