Publicação
The relationship between Portuguese economy indicators and housing prices
| Resumo: | The housing market is an important industry not only in a country’s economy but also for the living conditions of the population. Several studies explain how real estate is related to the main economic indicators of a country. Using the Engle-Granger cointegration methodology, this research studies the main drivers of the housing prices of a European country that suffered a financial crisis. Analysing the Portuguese housing market with quarterly data between 1998 and 2019, it is possible to show that in the long term, unemployment and interest rates are negatively related and that population, inflation and money supply are positively associated with housing prices. With this study, it is possible to conclude that economic issues are relevant to the housing market and mainly to home prices. |
|---|---|
| Autores principais: | Rehman, Saira |
| Outros Autores: | Moutinho, Nuno; Alves, Jorge |
| Assunto: | Housing prices Long-term effects Cointegration Economic factors |
| Ano: | 2020 |
| País: | Portugal |
| Tipo de documento: | artigo |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Instituto Politécnico de Bragança |
| Idioma: | inglês |
| Origem: | Biblioteca Digital do IPB |
| _version_ | 1867173023921995776 |
|---|---|
| author | Rehman, Saira |
| author2 | Moutinho, Nuno Alves, Jorge |
| author2_role | author author |
| author_facet | Rehman, Saira Moutinho, Nuno Alves, Jorge |
| author_role | author |
| contributor_name_str_mv | Biblioteca Digital do IPB |
| country_str | PT |
| creators_json_txt | [{\"Person.name\":\"Rehman, Saira\"},{\"Person.name\":\"Moutinho, Nuno\",\"Person.identifier.orcid\":\"0000-0002-9242-8324\"},{\"Person.name\":\"Alves, Jorge\",\"Person.identifier.orcid\":\"0000-0002-5168-8795\"}] |
| datacite.contributors.contributor.contributorName.fl_str_mv | Biblioteca Digital do IPB |
| datacite.creators.creator.creatorName.fl_str_mv | Rehman, Saira Moutinho, Nuno Alves, Jorge |
| datacite.date.Accepted.fl_str_mv | 2020-01-01T00:00:00Z |
| datacite.date.available.fl_str_mv | 2023-02-23T15:51:58Z |
| datacite.date.embargoed.fl_str_mv | 2023-02-23T15:51:58Z |
| datacite.rights.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| datacite.subjects.subject.fl_str_mv | Housing prices Long-term effects Cointegration Economic factors |
| datacite.titles.title.fl_str_mv | The relationship between Portuguese economy indicators and housing prices |
| dc.contributor.none.fl_str_mv | Biblioteca Digital do IPB |
| dc.creator.none.fl_str_mv | Rehman, Saira Moutinho, Nuno Alves, Jorge |
| dc.date.Accepted.fl_str_mv | 2020-01-01T00:00:00Z |
| dc.date.available.fl_str_mv | 2023-02-23T15:51:58Z |
| dc.date.embargoed.fl_str_mv | 2023-02-23T15:51:58Z |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | http://hdl.handle.net/10198/27149 |
| dc.language.none.fl_str_mv | eng |
| dc.rights.cclincense.fl_str_mv | http://creativecommons.org/licenses/by/4.0/ |
| dc.rights.none.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| dc.subject.none.fl_str_mv | Housing prices Long-term effects Cointegration Economic factors |
| dc.title.fl_str_mv | The relationship between Portuguese economy indicators and housing prices |
| dc.type.none.fl_str_mv | http://purl.org/coar/resource_type/c_6501 |
| description | The housing market is an important industry not only in a country’s economy but also for the living conditions of the population. Several studies explain how real estate is related to the main economic indicators of a country. Using the Engle-Granger cointegration methodology, this research studies the main drivers of the housing prices of a European country that suffered a financial crisis. Analysing the Portuguese housing market with quarterly data between 1998 and 2019, it is possible to show that in the long term, unemployment and interest rates are negatively related and that population, inflation and money supply are positively associated with housing prices. With this study, it is possible to conclude that economic issues are relevant to the housing market and mainly to home prices. |
| dirty | 0 |
| eu_rights_str_mv | openAccess |
| format | article |
| fulltext.url.fl_str_mv | https://bibliotecadigital.ipb.pt/bitstreams/ab2d9bb7-0161-4a82-8a7b-d3ff5ff8d566/download |
| id | ipb_07d931e4e896c8e1a1734278aba05293 |
| identifier.url.fl_str_mv | http://hdl.handle.net/10198/27149 |
| instacron_str | ipb |
| institution | Instituto Politécnico de Bragança |
| instname_str | Instituto Politécnico de Bragança |
| language | eng |
| network_acronym_str | ipb |
| network_name_str | Biblioteca Digital do IPB |
| oai_identifier_str | oai:bibliotecadigital.ipb.pt:10198/27149 |
| organization_str_mv | urn:organizationAcronym:ipb |
| person_str_mv | Rehman, Saira Moutinho, Nuno Moutinho, Nuno https://www.ciencia-id.pt/CA1B-4924-2BBA CA1B-4924-2BBA http://orcid.org/0000-0002-9242-8324 0000-0002-9242-8324 Alves, Jorge Alves, Jorge https://www.ciencia-id.pt/2718-FF3E-8B6B 2718-FF3E-8B6B http://orcid.org/0000-0002-5168-8795 0000-0002-5168-8795 |
| publishDate | 2020 |
| reponame_str | Biblioteca Digital do IPB |
| repository_id_str | urn:repositoryAcronym:ipb |
| service_str_mv | urn:repositoryAcronym:ipb |
| spelling | engpt_PTThe housing market is an important industry not only in a country’s economy but also for the living conditions of the population. Several studies explain how real estate is related to the main economic indicators of a country. Using the Engle-Granger cointegration methodology, this research studies the main drivers of the housing prices of a European country that suffered a financial crisis. Analysing the Portuguese housing market with quarterly data between 1998 and 2019, it is possible to show that in the long term, unemployment and interest rates are negatively related and that population, inflation and money supply are positively associated with housing prices. With this study, it is possible to conclude that economic issues are relevant to the housing market and mainly to home prices.application/pdfpt_PTThe relationship between Portuguese economy indicators and housing pricesRehman, SairaPersonalMoutinho, NunoDSpacehttp://dspace.org/items/66a63650-20a8-4110-a9f7-7f45fa84c14bDSpacehttp://dspace.org/items/66a63650-20a8-4110-a9f7-7f45fa84c14bMoutinhoNunoCiência IDhttps://www.ciencia-id.ptCA1B-4924-2BBAORCIDhttp://orcid.org0000-0002-9242-8324Scopus Author IDhttps://www.scopus.com57742333300PersonalAlves, JorgeDSpacehttp://dspace.org/items/21573167-7f60-4b0c-9777-f75aa3b53025DSpacehttp://dspace.org/items/21573167-7f60-4b0c-9777-f75aa3b53025AlvesJorgeCiência IDhttps://www.ciencia-id.pt2718-FF3E-8B6BORCIDhttp://orcid.org0000-0002-5168-8795Researcher IDhttps://www.researcherid.comW-4214-2017Scopus Author IDhttps://www.scopus.com57197042752HostingInstitutionOrganizationalBiblioteca Digital do IPBe-mailmailto:dspace@ipb.ptdspace@ipb.pt2023-02-23T15:51:58Z20202020-01-01T00:00:00ZHandlehttp://hdl.handle.net/10198/27149http://purl.org/coar/access_right/c_abf2open accessHousing pricesLong-term effectsCointegrationEconomic factors4377447 bytesliteraturehttp://purl.org/coar/resource_type/c_6501journal article2020http://creativecommons.org/licenses/by/4.0/http://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://bibliotecadigital.ipb.pt/bitstreams/ab2d9bb7-0161-4a82-8a7b-d3ff5ff8d566/downloadJournal of Spatial and Organizational DynamicsVIII270286 |
| spellingShingle | The relationship between Portuguese economy indicators and housing prices Rehman, Saira Housing prices Long-term effects Cointegration Economic factors |
| status | SINGLETON |
| subject.fl_str_mv | Housing prices Long-term effects Cointegration Economic factors |
| title | The relationship between Portuguese economy indicators and housing prices |
| title_full | The relationship between Portuguese economy indicators and housing prices |
| title_fullStr | The relationship between Portuguese economy indicators and housing prices |
| title_full_unstemmed | The relationship between Portuguese economy indicators and housing prices |
| title_short | The relationship between Portuguese economy indicators and housing prices |
| title_sort | The relationship between Portuguese economy indicators and housing prices |
| topic | Housing prices Long-term effects Cointegration Economic factors |
| topic_facet | Housing prices Long-term effects Cointegration Economic factors |
| url | http://hdl.handle.net/10198/27149 |
| visible | 1 |