汇款对肯尼亚房价的长期影响

IF 1.5 Q3 URBAN STUDIES

International Journal of Housing Markets and Analysis Pub Date : 2023-06-16 DOI:10.1108/ijhma-04-2023-0047

F. Chege, Hassan F. Gholipour, Sharon Yam

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引用次数: 0

摘要

鉴于肯尼亚房价和外国资本流动的巧合和持续上涨，本研究旨在了解真正的侨民汇款与实际房价之间是否存在长期关系。本研究使用2004-第一季度至2020-第四季度的数据，并应用自回归分布滞后模型进行估计。研究结果表明，从长远来看，肯尼亚的实际汇款与实际房价之间存在着积极而显著的关系。原创性/价值据作者所知，在控制了房价的其他关键宏观经济决定因素之后，还没有研究探索肯尼亚实际汇款流入与房价之间的关系。本研究解决了这一研究空白。

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The long-run impact of remittances on house prices in Kenya

Purpose Given the coincidental and sustained rise in house prices and foreign capital flows in Kenya, this study aims to understand whether a long-run relationship exists between real diaspora remittances and real house prices. Design/methodology/approach This study uses data from 2004-Q1 to 2020-Q4 and applies an autoregressive distributed lag model for estimation. Findings The results indicate that a positive and significant relationship exists between real remittances and real house prices in Kenya in the long run. Originality/value To the best of the authors’ knowledge, there is no study exploring the relationship between real remittance inflows and house prices in Kenya, after controlling for other key macroeconomic determinants of house prices. This study addresses this research gap.

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来源期刊

International Journal of Housing Markets and Analysis URBAN STUDIES-

CiteScore

2.80

自引率

29.40%

发文量