THE DEMAND FOR HOUSING IN PAKISTAN

Hafiz A. Pasha and Aisha Ghaus

Pakistan Journal of Applied Economics, 1988, vol. 7, issue 2, 83-99

Abstract: Housing demand parameters are not known in Pakistan. This paper estimates the value of the housing stock (and flow of services) from 1960-61 to 1987-88 and sets up a model of lagged adjustment to desired demand to estimate these parameteres. Long-run income and price elasticities are revealed to be low. the absolute magnitudes do not differ significantly from 0.5. However, corresponsing elasticities od housing investment appear to be high, indicating the potential volatility of building activity in the country.

Date: 1988
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://aerc.edu.pk/wp-content/uploads/2017/03/2nd-Paper-Page-83-99-1.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pje:journl:article1988winiii

Access Statistics for this article

More articles in Pakistan Journal of Applied Economics from Applied Economics Research Centre Contact information at EDIRC.
Bibliographic data for series maintained by Samina Khalil ( this e-mail address is bad, please contact ).