Lee, Chien-Chiang; Chien, Mei-Se - In: Urban Studies 48 (2011) 10, pp. 2029-2047
This paper investigates the stationarity properties and long-run relationship of Taiwan's regional house prices from 1993Q1 to 2009Q2. It applies the recent unit-root test of the panel seemingly unrelated regressions augmented Dickey-Fuller (SURADF) test developed by Breuer et al. The empirical...