The analysis of the determinants of housing prices
Autor(a) principal: | |
---|---|
Data de Publicação: | 2017 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Independent Journal of Management & Production |
Texto Completo: | http://www.ijmp.jor.br/index.php/ijmp/article/view/521 |
Resumo: | Fundamental determinants of housing prices which affect housing demand and supply are the most common in developed countries. These are economic and financial determinants as well as demographic indicators. However, housing price analysis in less developed countries submit controversial and not sufficient results about the impact of interest rate, inflation and unemployment. Moreover, it does not investigate the influence of demographic variables and the means of economic policy. In this article the effect of GDP, unemployment, inflation, interest rate, emigration and the means of macroprudential policy on housing prices in Lithuania was evaluated. The results showed that inflation, interest rate and emigration are not causal determinants of housing prices, which mostly depend on GDP, unemployment, the means of macroprudential policy and the average housing prices in the previous period. |
id |
IJMP_f3cce8a61afaab9630bd177379019c09 |
---|---|
oai_identifier_str |
oai:www.ijmp.jor.br:article/521 |
network_acronym_str |
IJMP |
network_name_str |
Independent Journal of Management & Production |
repository_id_str |
|
spelling |
The analysis of the determinants of housing priceshousing price determinantshousing marketmacroprudential policyemigrationtransition economyFundamental determinants of housing prices which affect housing demand and supply are the most common in developed countries. These are economic and financial determinants as well as demographic indicators. However, housing price analysis in less developed countries submit controversial and not sufficient results about the impact of interest rate, inflation and unemployment. Moreover, it does not investigate the influence of demographic variables and the means of economic policy. In this article the effect of GDP, unemployment, inflation, interest rate, emigration and the means of macroprudential policy on housing prices in Lithuania was evaluated. The results showed that inflation, interest rate and emigration are not causal determinants of housing prices, which mostly depend on GDP, unemployment, the means of macroprudential policy and the average housing prices in the previous period.Independent2017-03-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdftext/htmlhttp://www.ijmp.jor.br/index.php/ijmp/article/view/52110.14807/ijmp.v8i1.521Independent Journal of Management & Production; Vol. 8 No. 1 (2017): Independent Journal of Management & Production; 049-0632236-269X2236-269Xreponame:Independent Journal of Management & Productioninstname:Instituto Federal de Educação, Ciência e Tecnologia de São Paulo (IFSP)instacron:IJM&Penghttp://www.ijmp.jor.br/index.php/ijmp/article/view/521/616http://www.ijmp.jor.br/index.php/ijmp/article/view/521/635Copyright (c) 2017 Viktorija Cohen, Lina Karpavičiūtėinfo:eu-repo/semantics/openAccessCohen, ViktorijaKarpavičiūtė, Lina2018-09-04T13:03:31Zoai:www.ijmp.jor.br:article/521Revistahttp://www.ijmp.jor.br/PUBhttp://www.ijmp.jor.br/index.php/ijmp/oaiijmp@ijmp.jor.br||paulo@paulorodrigues.pro.br||2236-269X2236-269Xopendoar:2018-09-04T13:03:31Independent Journal of Management & Production - Instituto Federal de Educação, Ciência e Tecnologia de São Paulo (IFSP)false |
dc.title.none.fl_str_mv |
The analysis of the determinants of housing prices |
title |
The analysis of the determinants of housing prices |
spellingShingle |
The analysis of the determinants of housing prices Cohen, Viktorija housing price determinants housing market macroprudential policy emigration transition economy |
title_short |
The analysis of the determinants of housing prices |
title_full |
The analysis of the determinants of housing prices |
title_fullStr |
The analysis of the determinants of housing prices |
title_full_unstemmed |
The analysis of the determinants of housing prices |
title_sort |
The analysis of the determinants of housing prices |
author |
Cohen, Viktorija |
author_facet |
Cohen, Viktorija Karpavičiūtė, Lina |
author_role |
author |
author2 |
Karpavičiūtė, Lina |
author2_role |
author |
dc.contributor.author.fl_str_mv |
Cohen, Viktorija Karpavičiūtė, Lina |
dc.subject.por.fl_str_mv |
housing price determinants housing market macroprudential policy emigration transition economy |
topic |
housing price determinants housing market macroprudential policy emigration transition economy |
description |
Fundamental determinants of housing prices which affect housing demand and supply are the most common in developed countries. These are economic and financial determinants as well as demographic indicators. However, housing price analysis in less developed countries submit controversial and not sufficient results about the impact of interest rate, inflation and unemployment. Moreover, it does not investigate the influence of demographic variables and the means of economic policy. In this article the effect of GDP, unemployment, inflation, interest rate, emigration and the means of macroprudential policy on housing prices in Lithuania was evaluated. The results showed that inflation, interest rate and emigration are not causal determinants of housing prices, which mostly depend on GDP, unemployment, the means of macroprudential policy and the average housing prices in the previous period. |
publishDate |
2017 |
dc.date.none.fl_str_mv |
2017-03-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://www.ijmp.jor.br/index.php/ijmp/article/view/521 10.14807/ijmp.v8i1.521 |
url |
http://www.ijmp.jor.br/index.php/ijmp/article/view/521 |
identifier_str_mv |
10.14807/ijmp.v8i1.521 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
http://www.ijmp.jor.br/index.php/ijmp/article/view/521/616 http://www.ijmp.jor.br/index.php/ijmp/article/view/521/635 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2017 Viktorija Cohen, Lina Karpavičiūtė info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2017 Viktorija Cohen, Lina Karpavičiūtė |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf text/html |
dc.publisher.none.fl_str_mv |
Independent |
publisher.none.fl_str_mv |
Independent |
dc.source.none.fl_str_mv |
Independent Journal of Management & Production; Vol. 8 No. 1 (2017): Independent Journal of Management & Production; 049-063 2236-269X 2236-269X reponame:Independent Journal of Management & Production instname:Instituto Federal de Educação, Ciência e Tecnologia de São Paulo (IFSP) instacron:IJM&P |
instname_str |
Instituto Federal de Educação, Ciência e Tecnologia de São Paulo (IFSP) |
instacron_str |
IJM&P |
institution |
IJM&P |
reponame_str |
Independent Journal of Management & Production |
collection |
Independent Journal of Management & Production |
repository.name.fl_str_mv |
Independent Journal of Management & Production - Instituto Federal de Educação, Ciência e Tecnologia de São Paulo (IFSP) |
repository.mail.fl_str_mv |
ijmp@ijmp.jor.br||paulo@paulorodrigues.pro.br|| |
_version_ |
1797220491012866048 |