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Residential Construction Activity in OECD Economies


Type

Article

Change log

Authors

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

Volume Title

83

Publisher

Wiley