Sustainable development through workforce planning: An analysis and forecast of investment-based employment generation
P. Dammage,
Vathsala Wickramasinghe () and
T.M.A.J. Cooray
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P. Dammage: University of Moratuwa
Vathsala Wickramasinghe: University of Moratuwa
T.M.A.J. Cooray: University of Moratuwa
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Abstract:
This paper proposes a method for analysing the relationship between investment and employment generation as well as a method for forecasting employment generation for a future period based on past investment and employment data. Two classes of data streams, at micro and macro levels of the country were used to illustrate the proposed methodology. At the macro level, national level investment and employment generation data were taken into account, while at micro level investment and employment generation data of three export processing zones (EPZs) Katunayeka, Biyagama, and Koggala, were taken into account. An ed from Central Bank of Sri Lanka and Board of Investment of Sri Lanka since 1985 on investment and employment generation. The methodology proposed in this paper could be applied to any industry, sector or country.
Keywords: employment generation; Sustainable development; Workforce Planning; Forecasting; strategic workforce planning; Workforce Demand; investment-based employment; labour market; employment policy; organisational planning; workforce development; job creation; economic development; human capital planning; labour demand forecasting; labour market analysis (search for similar items in EconPapers)
Date: 2011
Note: View the original document on HAL open archive server: https://hal.science/hal-05596353v1
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Published in Colombo Business Journal , 2011, 2 (1), pp.17-36
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05596353
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