Housing Demand in Portugal

Pedro G. Carvalho ()

Econometrics from EconWPA

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<92>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.

Keywords: housing market; spatial econometrics; Portugal (search for similar items in EconPapers)
JEL-codes: C53 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-geo, nep-mac and nep-ure
Date: 2003-03-06
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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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpem:0303005

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