The literature on oil prices considers real economic factors as the main drivers of changes in
oil prices. Using parametric and nonparametric methods, this study provides evidence that …

Pipe material and labor costs constitute about 70% of pipeline construction costs. Pipe and
labor costs are subject to considerable fluctuations over time. These fluctuations are …

Accurate prediction of material costs is essential for proper management and budgeting of
construction projects. Material price fluctuation is one of the most important contributors to …

The construction industry is heavily influenced by the volatility of material prices, which can
significantly impact project costs and budgeting accuracy. Traditional econometric methods …

Accurate cost forecasting in budget planning and contract bidding is crucial for the success
of construction projects. Linear models such as the autoregressive integrated moving …

Adequate cost estimation at the planning phase is an integral part of a construction project's
success. Many uncertainties disturb the planners' initial estimations and lead to cost …

Purpose Housing market research involves observing the relationships between housing
value and its indicators. However, recent literature indicates that the disruption of the COVID …

In the construction industry, predicting business failure and providing early warnings are
critical challenges in the prevention of business failure chain reactions. Most relevant …

This paper presents a vector error correction (VEC) model for use in forecasting the short-
and long-term prices of construction materials. This model characterizes the relationship …

Time series has a wide range of applications in various fields. Recently, a new math tool,
named as visibility graph, is developed to transform the time series into complex networks …