EN
Bounds Testing Approaches to Housing Demand in Turkey: Is There a Real Estate Bubble?
Öz
In this study, housing demand in Turkey was examined with Bounds Testing Approaches for the period of 1964-2014. The total square meters of houses sold was taken as housing demand. The explanatory variables of the study are the real price of one square meter of housing, real income level, and urban population. Firstly, stationary properties of the series were checked by unit root tests, then co-integration was investigated. Lastly, we ran the Autoregressive lag model process. We found that Turkey is more sensitive to income level and there is positive relationship between prices and housing demand. This might be accounted for by the fact that houses are kinds of investment goods in Turkey.
Anahtar Kelimeler
Ayrıntılar
Birincil Dil
İngilizce
Konular
-
Bölüm
-
Yayımlanma Tarihi
1 Mayıs 2016
Gönderilme Tarihi
1 Mayıs 2016
Kabul Tarihi
-
Yayımlandığı Sayı
Yıl 2016 Cilt: 6 Sayı: 3
APA
Solak, A. O., & Kabadayı, B. (2016). Bounds Testing Approaches to Housing Demand in Turkey: Is There a Real Estate Bubble? International Journal of Economics and Financial Issues, 6(3), 1132-1135. https://izlik.org/JA72UX72SA
AMA
1.Solak AO, Kabadayı B. Bounds Testing Approaches to Housing Demand in Turkey: Is There a Real Estate Bubble? IJEFI. 2016;6(3):1132-1135. https://izlik.org/JA72UX72SA
Chicago
Solak, Ali Osman, ve Burhan Kabadayı. 2016. “Bounds Testing Approaches to Housing Demand in Turkey: Is There a Real Estate Bubble?”. International Journal of Economics and Financial Issues 6 (3): 1132-35. https://izlik.org/JA72UX72SA.
EndNote
Solak AO, Kabadayı B (01 Mayıs 2016) Bounds Testing Approaches to Housing Demand in Turkey: Is There a Real Estate Bubble? International Journal of Economics and Financial Issues 6 3 1132–1135.
IEEE
[1]A. O. Solak ve B. Kabadayı, “Bounds Testing Approaches to Housing Demand in Turkey: Is There a Real Estate Bubble?”, IJEFI, c. 6, sy 3, ss. 1132–1135, May. 2016, [çevrimiçi]. Erişim adresi: https://izlik.org/JA72UX72SA
ISNAD
Solak, Ali Osman - Kabadayı, Burhan. “Bounds Testing Approaches to Housing Demand in Turkey: Is There a Real Estate Bubble?”. International Journal of Economics and Financial Issues 6/3 (01 Mayıs 2016): 1132-1135. https://izlik.org/JA72UX72SA.
JAMA
1.Solak AO, Kabadayı B. Bounds Testing Approaches to Housing Demand in Turkey: Is There a Real Estate Bubble? IJEFI. 2016;6:1132–1135.
MLA
Solak, Ali Osman, ve Burhan Kabadayı. “Bounds Testing Approaches to Housing Demand in Turkey: Is There a Real Estate Bubble?”. International Journal of Economics and Financial Issues, c. 6, sy 3, Mayıs 2016, ss. 1132-5, https://izlik.org/JA72UX72SA.
Vancouver
1.Ali Osman Solak, Burhan Kabadayı. Bounds Testing Approaches to Housing Demand in Turkey: Is There a Real Estate Bubble? IJEFI [Internet]. 01 Mayıs 2016;6(3):1132-5. Erişim adresi: https://izlik.org/JA72UX72SA