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Élasticité de la demande de logement au Canada

  • Lapointe, Alain

    (École des Hautes Études Commerciales de Montréal)

  • Moisan, Hugues

    (Association provinciale des constructeurs d’habitation du Québec)

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    The estimation of housing demand elasticities was the object of numerous studies in Canada as well as in U.S. Such an interest has been fostered by the econometric problems involved in such estimations and the large variance in the results obtained. The present article has the advantage over many of these previous studies to use a sample of individual households in the two largest metropolitan area in Canada: Montreal and Toronto. Moreover, the specification of the disaggregated demand model includes a price variable obtained from the estimation of an hedonic price equation. L’estimation des élasticités de la demande de logement a été l’objet d’un nombre important d’articles tant au Canada qu’aux États-Unis. Cet intérêt a été entretenu principalement par l’écart des résultats observé d’une étude à l’autre et par la diversité des problèmes économétriques à laquelle conduit ce genre d’estimation. Le présent article, tout en poussant l’investigation un peu plus loin, a l’avantage d’utiliser un échantillon de données individuelles dans les deux plus grandes zones métropolitaines au Canada : Montréal et Toronto. De plus, la spécification du modèle incorpore une variable prix obtenue à partir de l’estimation d’une fonction de prix hédonique.

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    Article provided by Société Canadienne de Science Economique in its journal L'Actualité économique.

    Volume (Year): 60 (1984)
    Issue (Month): 1 (mars)
    Pages: 5-23

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    Handle: RePEc:ris:actuec:v:60:y:1984:i:1:p:5-23
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    1. Carliner, Geoffrey, 1973. "Income Elasticity of Housing Demand," The Review of Economics and Statistics, MIT Press, vol. 55(4), pages 528-32, November.
    2. Feige, Edgar L & Watts, Harold W, 1972. "An Investigation of the Consequences of Partial Aggregation of Micro-Economic Data," Econometrica, Econometric Society, vol. 40(2), pages 343-60, March.
    3. Kau, James B. & Sirmans, C. F., 1979. "Urban land value functions and the price elasticity of demand for housing," Journal of Urban Economics, Elsevier, vol. 6(1), pages 112-121, January.
    4. Polinsky, A Mitchell, 1977. "The Demand for Housing: A Study in Specification and Grouping," Econometrica, Econometric Society, vol. 45(2), pages 447-61, March.
    5. Smith, Barton A & Campbell, John M, Jr, 1978. "Aggregation Bias and the Demand for Housing," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 19(2), pages 495-505, June.
    6. Polinsky, A Mitchell & Ellwood, David T, 1979. "An Empirical Reconciliation of Micro and Grouped Estimates of the Demand for Housing," The Review of Economics and Statistics, MIT Press, vol. 61(2), pages 199-205, May.
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