Macro-economic indicators and housing price index in Spain: fresh evidence from FMOLS and DOLS
Yazarlar (5)
Ali Raza
Yakın Doğu Üniversitesi, Kıbrıs Rum Kesimi
Laiba Asif
University Of Sindh, Pakistan
Turgut Türsoy
Yakın Doğu Üniversitesi, Kıbrıs Rum Kesimi
Mehdi Seraj
Yakın Doğu Üniversitesi, Kıbrıs Rum Kesimi
Prof. Dr. Gül ERKOL BAYRAM Sinop Üniversitesi, Türkiye
Makale Türü Özgün Makale (ESCI dergilerinde yayınlanan tam makale)
Dergi Adı International Journal of Housing Markets and Analysis
Dergi ISSN 1753-8270 Dergi Bilgileri (2023)
Dergi Tarandığı Indeksler ESCI
Makale Dili Türkçe Basım Tarihi 09-2023
Kabul Tarihi Yayınlanma Tarihi 20-09-2023
Cilt / Sayı / Sayfa 18 / 1 / 227–248 DOI 10.1108/IJHMA-07-2023-0094
Makale Linki https://doi.org/10.1108/ijhma-07-2023-0094
UAK Araştırma Alanları
Turizm Rehberliği
Özet
Purpose This study aims to determine how changes in macroeconomic indicators and the housing prices index (HPI) are related. These factors can cause short-term and long-term changes in the housing market in Spain. Design/methodology/approach The study used cointegrating regression, fully modified ordinary least squares and dynamic ordinary least squares methodologies. The models are trained using quarterly time series data for these parameters from 2010 to 2022. A comprehensive examination is conducted to explore the relationship between macroeconomic issues and fluctuations in the HPI. Findings The results indicate statistically significant short-run effects (p < 0.05) of economic growth, inflation, Spanish stock indices, foreign trade and the interest rate on HPI. The inflation variables, Spain’s stock indices, interest rate and monetary rate, have …
Anahtar Kelimeler
Dynamic least square | Fully modified least square | Housing | Housing price index | Macroeconomic indicators | Spain stock indices
BM Sürdürülebilir Kalkınma Amaçları
Atıf Sayıları
Web of Science 7
Scopus 7
Google Scholar 12
Macro-economic indicators and housing price index in Spain: fresh evidence from FMOLS and DOLS

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