A General Examination of the Impact of COVID-19 on the Unit Prices of Materials Used in Road Construction


Creative Commons License

Aygörmez Y., Şahin O.

INTERNATIONAL CONFERENCE on SOCIAL SCIENCE RESEARCH , Budva, Karadağ, 7 - 09 Eylül 2022, cilt.1, sa.1, ss.11

  • Yayın Türü: Bildiri / Özet Bildiri
  • Cilt numarası: 1
  • Basıldığı Şehir: Budva
  • Basıldığı Ülke: Karadağ
  • Sayfa Sayıları: ss.11
  • Yıldız Teknik Üniversitesi Adresli: Evet

Özet

The epidemic disease caused by the Coronavirus, also known as COVID19, which first appeared in Wuhan, China in December 2019, has affected the whole world in a very short time in health, economy, business life, social life, education, and many other areas. The World Health Organization (WHO) declared COVID-19 a pandemic on February 11, 2020. In the short term, all sectors were adversely affected by the coronavirus. The transportation sector has been one of the most affected sectors in this sense. At the beginning of the epidemic process, the transportation sector came to a standstill. International flights and transits were restricted. There were significant decreases in Brent oil prices. The transportation infrastructure production sector has also been adversely affected by this situation. The industry has come to a standstill. In the later stages of the epidemic process, the restrictions started to be lifted, but the economic problems experienced during the process increased the unit cost prices significantly. Significant price increases in asphalt materials also occurred with this process. This study examines the economic changes in the asphalt material sector after the impact of the coronavirus and the effect of this process on investments based on transportation. At the same time, the effect of pricing in the transportation sector on other construction sectors will be revealed, and economic and social changes will be investigated on a sectoral basis