Madhumitha, B and Onkar, P (2023) The economic domino effect on housing and construction sector: a case of India. Journal of Financial Management of Property and Construction, 28(2), pp. 206-219. ISSN 1366-4387
Abstract
Purpose: This study aims to understand the domino effect on housing and construction sector along the economic dimensions in light of COVID-19 pandemic. Design/methodology/approach: The view point in this paper is written based on the domino effect of various sectors in India. Starting from the macro-economic events through to the micro-economic events, the changes are discussed along the platform of COVID-19. Early literature to support the discussions and a wide range of periodicals to observe the current events are used in arriving at a hypothesis. Findings: The impact in any sector does not happen because of a sole event rather it is consequence of changes and trends that took place in multiple sectors. This paper identifies such changes in the sectors of oil industry, cement manufacturing, housing and construction sector during COVID-19. The paper concludes on confirming the hypothesis with two opinions. One by accepting the principle of domino effect that construction domain had various impacts by other sectors at different levels during pandemic. Another on considering the level of impact, the sector has withstood the impacts in various manners and is growing in extensive directions proving the sector to be resilient. Originality/value: The paper showcases the impacts of various sectors on construction domain with an insight of most recent trends supported by early literature. The linking of elements is the significance of the paper.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | construction sector; COVID-19; domino effect; economy; housing |
| Index terms: | platform, pandemic, dimension, India, periodical, COVID-19, housing, construction sector, methodology |
| Subjects: | construction type, research dissemination and communication, health monitoring assessment and metrics, health risk and incident analysis, research methods, Geography, digital design, industry analysis |
| Topics: | Construction Technology, Information Management, Geographical Context, Research Practice, Health and Safety, Digital Applications |
| Descriptive scope: | 3 PCT |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here