...Chunling Sun; Xin Zuo; Jingjing Liu; Huijie Jiang Purpose Amid accelerating urban integration and increasing intercity linkages in the construction market, the Construction Cost Index (CCI) exhibits significant co-movement and convergence across cities, undermining the effectiveness of localized...

... variance formulation and Kendall rank correlation coefficient. Findings It is found that global construction cost indexes (CCIs) have commonly maintained a steady increase for decades, and the CCIs synchronize with each other. Overall synchronicity and synchronicity of different countries pairs have...