Showing 1 - 10 of 2,999
The study estimates the housing supply elasticity and the impact of geographic constraints in Germany from 2008 …-2019 using the Bartik instrument. The results show that the housing supply is, on average, inelastic, with a floorspace … housing supply elasticity across districts. Notably, high development intensity decreases the elasticity, while the …
Persistent link: https://www.econbiz.de/10014228596
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The long-term price elasticity of supply of housing is a key factor determining the growth rates of housing prices and … housing supply as the city grows. Therefore, the housing supply elasticity has considerable influence on the competitiveness … regional variation in the supply elasticity of housing within the U.S. The literature further shows that the supply elasticity …
Persistent link: https://www.econbiz.de/10011488306
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This paper models the demand and supply sides of the housing market separately. In the empirical analysis, the vector … effect of the variables on housing demand and supply in Turkey. While the dependent variable on the demand side is real … error correction model (VECM) is preferred to identify the impacts of fundamental macroeconomic factors on the demand and …
Persistent link: https://www.econbiz.de/10013049224
This paper employs panel data on 413 counties and cities over 2004-2009 to investigate the local supply of new single …
Persistent link: https://www.econbiz.de/10011517966
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housing supply and the income elasticity of prices, as well as bubble size and duration. The long-term elasticity of house …-term income elasticity generally is greater in the more supply-inelastic metropolitan areas, and we show that bubble size and … duration are inversely related to supply elasticity. Also short-term momentum and reversion dynamics show substantial spatial …
Persistent link: https://www.econbiz.de/10011875693
price elasticity of housing supply …
Persistent link: https://www.econbiz.de/10012502170
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