COVID-19 and its impact on Indian construction industry: an event study approach

Kiran Mahasuar

Construction Management and Economics, 2023, vol. 41, issue 5, 428-444

Abstract: COVID-19 has disrupted the normal course of production and livelihood activities across the world. This paper examines the short-term impact of this pandemic on one such strategically important sector, the construction industry of India. This study employs an event study approach to empirically study the market performance and response trends of the construction industry of India to the COVID-19 pandemic. The study finds that COVID-19 has negatively impacted the sector as reflected in the investors’ response during the pandemic window. Through further empirical analysis, we also find that this sector has been affected more vis-à-vis other similar industries. In addition, the study also highlights some broad recommendations and proposes a process framework with prescriptive strategies for relevant stakeholders to smoothen the post-COVID recovery process.

Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1080/01446193.2022.2164789 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:conmgt:v:41:y:2023:i:5:p:428-444

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RCME20

DOI: 10.1080/01446193.2022.2164789

Access Statistics for this article

Construction Management and Economics is currently edited by Will Hughes

More articles in Construction Management and Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().