Chang, Tsangyao; Simo-Kengne, Beatrice D.; Gupta, Rangan - In: International Journal of Sustainable Economy 6 (2014) 4, pp. 345-358
This paper analyses the causal relationship between housing activity and growth in nine provinces of South Africa for the period 1995-2011, using panel causality analysis, which accounts for cross-section dependency and heterogeneity across provinces. Our empirical results support unidirectional...