Click for new scientific resources and news about Corona[COVID-19]

Paper Information

Journal:   JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH)   SUMMER 2014 , Volume 14 , Number 2; Page(s) 41 To 67.
 
Paper: 

A SURVEY OF FACTORS AFFECTING FLUCTUATIONS OF HOUSING PRICES IN KERMANSHAH

 
 
Author(s):  SOHAILI KIOMARS*, FATTAHI SHAHRAM, OVAISI BAHMAN
 
* 
 
Abstract: 

Rapid increase in housing price has been a national difficulty for the people and public officials in recent years in Iran. Therefore, the study of factors affecting increased housing prices is of great importance. In this paper, the effects of some key variables, including land price, construction cost, the volume of bank loans to housing sector, exchange rate, stock price index, the number of residential buildings and household income on the price of housing have been studied in Kermanshah. For analyzing the effects of above-mentioned variables on price of houses, an auto regressive distributed lag model has been estimated using quarterly data over the period 1991-2009. Additionally, the error correction model was estimated in order to evaluate the adjustment speed of dynamic model to the long-run one. The estimation results indicate that the macroeconomic variables are of high power in explaining the behavior of house price and its fluctuations.

 
Keyword(s): HOUSING PRICE FLUCTUATIONS, AUTO REGRESSIVE DISTRIBUTED LAG MODEL, ERROR CORRECTION MODEL, KERMANSHAH
 
 
References: 
  • ندارد
  •  
 
Click to Cite.
APA: Copy

SOHAILI, K., & FATTAHI, S., & OVAISI, B. (2014). A SURVEY OF FACTORS AFFECTING FLUCTUATIONS OF HOUSING PRICES IN KERMANSHAH. JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH), 14(2), 41-67. https://www.sid.ir/en/journal/ViewPaper.aspx?id=406245



Vancouver: Copy

SOHAILI KIOMARS, FATTAHI SHAHRAM, OVAISI BAHMAN. A SURVEY OF FACTORS AFFECTING FLUCTUATIONS OF HOUSING PRICES IN KERMANSHAH. JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH). 2014 [cited 2021May10];14(2):41-67. Available from: https://www.sid.ir/en/journal/ViewPaper.aspx?id=406245



IEEE: Copy

SOHAILI, K., FATTAHI, S., OVAISI, B., 2014. A SURVEY OF FACTORS AFFECTING FLUCTUATIONS OF HOUSING PRICES IN KERMANSHAH. JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH), [online] 14(2), pp.41-67. Available: https://www.sid.ir/en/journal/ViewPaper.aspx?id=406245.



 
 
Yearly Visit 49 Persian Abstract
 
Latest on Blog
Enter SID Blog