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Housing Demand in Portugal


  • Pedro Guedes Carvalho

    (Universidade Beira Interior)


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.

Suggested Citation

  • Pedro Guedes Carvalho, 2003. "Housing Demand in Portugal," Econometrics 0303005, EconWPA.
  • Handle: RePEc:wpa:wuwpem:0303005
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    References listed on IDEAS

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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.

    More about this item


    housing market; spatial econometrics; Portugal;

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods

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