Residential Construction Activity in OECD Economies
Change log
Authors
Arestis, Philip https://orcid.org/0000-0001-8729-4846
González-Martínez, AR
Abstract
jats:pSix years after the burst of the housing bubble in some of the main world economies, the recovery does not follow a homogeneous pattern among them. In this context, it is necessary to pay attention to the evolution of residential investment, which traditionally has played an important role in the revival of the economy after previous episodes of bubbles in the housing market. In the second stage of our study, we test our conceptual framework by means of a sample of 17 <jats:styled-content style="fixed-case">OECD</jats:styled-content> countries which spans the period 1970 to 2013.</jats:p>
Description
Keywords
Housing market, OECD countries, empirical modelling, cointegration, error correction
Journal Title
Manchester School
Conference Name
Journal ISSN
1463-6786
1467-9957
1467-9957
Volume Title
83
Publisher
Wiley