Are business forecasts of the construction sector rational? survey-based evidence from Malaysia

• Main Authors: Chin, Hong Puah, Siew, Shirly Ling Wong, Habibullah, Muzafar Shah
• 格式: Article
• 语言: English
• 出版: Juraj Dobrila University of Pula 2017
• 在线阅读: http://psasir.upm.edu.my/id/eprint/60924/1/Are%20business%20forecasts%20of%20the%20construction%20sector%20rational%20survey-based%20evidence%20from%20Malaysia.pdf; http://psasir.upm.edu.my/id/eprint/60924/; https://www.tandfonline.com/doi/full/10.1080/1331677X.2017.1305794

This paper extends the direct measure to business expectations in assessing the doctrine of forecast rationality in the contemporary environment of Malaysia’s construction sector. The survey’s expectational series on business operational forecasts across the period 1990 to 2010 is inconsistent with...