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Housing Demand in Portugal

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Author Info

  • Pedro Guedes Carvalho

    (Universidade Beira Interior)

Abstract

In a former study (Carvalho 1995) we modeled the housing market in Portugal in a classic cross section framework and did find that housing construction was dependant from income, population and sensitive to location. Nevertheless we couldn t find the extent of this sensitivity in such a framework. This paper is an upgrade of that study, using a spatial econometric model. Comparing the results, there are some slightly different estimates in the coefficients, but a lot more of precision once we incorporate the spatial interaction between the counties, changing the magnitude and significance of the coefficients.

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File URL: http://128.118.178.162/eps/em/papers/0303/0303005.pdf
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Bibliographic Info

Paper provided by EconWPA in its series Econometrics with number 0303005.

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Date of creation: 06 Mar 2003
Date of revision:
Handle: RePEc:wpa:wuwpem:0303005

Note: Type of Document - pdf; prepared on IBM PC - PC-TEX/UNIX Sparc TeX; figures: included. We never published this piece and now we would like to reduce our mailing and xerox cost by posting it.
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Web page: http://128.118.178.162

Related research

Keywords: housing market; spatial econometrics; Portugal;

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Cited by:
  1. G. Carvalho, Pedro & Ribeiro, Alexandra, 2007. "Acnowledging for spatial effects in the Portuguese housing markets," MPRA Paper 6132, University Library of Munich, Germany.

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