SYSTEM DYNAMICS MODEL LINKING DEMAND, EMPLOYMENT MOVEMENT BETWEEN SECTORS AND THE ECONOMY FOR THE SOUTH AFRICAN CONSTRUCTION SECTOR

Kevin Jan Duffy, Obiora Cornelius Collins and Thokozani Simelane
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Kevin Jan Duffy: Institute of Systems Science, Durban University of Technology, Durban 4000, South Africa
Obiora Cornelius Collins: Institute of Systems Science, Durban University of Technology, Durban 4000, South Africa
Thokozani Simelane: Institute of Systems Science, Durban University of Technology, Durban 4000, South Africa; Science and Technology, Africa Institute of South Africa, Human Sciences Research Council, Pretoria, South Africa

Theoretical and Empirical Researches in Urban Management, 2022, vol. 17, issue 2, 5-15

Abstract: Several factors can influence the dynamics in demand and supply of skills for all employment sectors. Here the variable drivers for construction sector employment are taken to involve the demand for employment, choice of employment and the state of the economy. A dynamical model based on longitudinal data obtained from the Construction Education and Training Authority (CETA) of South Africa is used to predict the dynamics of future employment trends in the construction sector of South Africa. This paper argues for a system dynamics approach as both a conceptual and methodological tool for predicting employment trends. The relationship between economic growth, demand and employment movement between sectors are shown to impact employment in the construction industry. Knowledge of how these factors impact employment could help policy makers in their efforts to reduce unemployment.

Keywords: Skills demand; Skills supply; System dynamics; Construction sector; Modelling. (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rom:terumm:v:17:y:2022:i:2:p:5-15

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