IDEAS home Printed from https://ideas.repec.org/a/ibn/assjnl/v14y2018i12p134.html
   My bibliography  Save this article

Do Political Institutions Affect Housing Prices in Malaysia?

Author

Listed:
  • Noor Zahirah Mohd Sidek

Abstract

This paper examines the relationship between housing price and political institutions. Political institutions is captured by elections, the role of elected government and their ramifications, and economic governance. Furthermore, the outcome of political choice on the economy is capture via economic freedom. Data ranges from 1988 to 2015. The choice of variable and time frame is highly restricted to availability of data. The effect of political institution on housing prices is examined using the ARDL bounds testing to test for both short and long run effects. Results show that elections have important effects on housing prices where prior to elections the effect is positive and negative after elections. Based on the results we recommend a strong and balance democratic regime to ensure a more stable housing prices. Strong political will is expected to curb excessive increase in housing prices in the long run.

Suggested Citation

  • Noor Zahirah Mohd Sidek, 2018. "Do Political Institutions Affect Housing Prices in Malaysia?," Asian Social Science, Canadian Center of Science and Education, vol. 14(12), pages 134-134, December.
  • Handle: RePEc:ibn:assjnl:v:14:y:2018:i:12:p:134
    as

    Download full text from publisher

    File URL: https://ccsenet.org/journal/index.php/ass/article/download/0/0/37634/37983
    Download Restriction: no

    File URL: https://ccsenet.org/journal/index.php/ass/article/view/0/37634
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ibn:assjnl:v:14:y:2018:i:12:p:134. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Canadian Center of Science and Education (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.