, we show that differences in the elasticity of housing supply may determine the extent to which a demand shock translates …The paper examines the impact of housing supply elasticity on urban development. Using data for a sample of around one … into more intense employment growth or more expensive houses. To address endogeneity of housing supply elasticity, we …

economic development. In this study, we examined the impact of the instability of economic growth on the elasticity of the … in parallel by two available methods which are used for this pur-pose - by calculating the values of the arc elasticity … individually for each member state. By comparing the values of the obtained elasticity indicators, differences in the responses of …

growth through the demand linkage is usually overlooked, which is brought out by this study, suggesting that demand … deceleration caused by sluggish expansion in jobs can make economic growth unsustainable in the long run. From supply side of …