土耳其房价动态和财政政策冲击

Q3 Economics, Econometrics and Finance

Economic Annals Pub Date : 2019-01-01 DOI:10.2298/EKA1920039O

Mustafa Yıldırım Ozan, Ö. Filiz

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引用次数: 7

摘要

本研究考察了土耳其房价与政府支出、抵押贷款利率和国内生产总值之间的相互作用。ARDL界限测试方法适用于2010:1-2017:4期间的季度数据。研究结果表明，两个房价指数与政府支出、抵押贷款利率和GDP之间存在统计上显著的长期和短期协整关系。政府支出的增加在统计上对房价有显著的积极影响。研究还表明，抵押贷款利率和GDP对房价的影响具有统计学意义。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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The dynamics of house prices and fiscal policy shocks in Turkey

This study examines the interaction between house prices and gov-ernment spending, mortgage interest rates, and gross domestic product in Turkey. The ARDL bounds test approach is applied to quarterly data covering the 2010:1–2017:4 period. Findings indicate that there is a statistically significant long-run and short-run cointegration between the two house price indexes and government spending, mortgage rates, and GDP. An increase in government spending has a statistically sig-nificant positive effect on house prices. The study also indicates that mortgage interest rate and GDP have a statistically signifi-cant effect on house prices.

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来源期刊

Economic Annals Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

0.90

自引率

0.00%

发文量

审稿时长

18 weeks

期刊介绍： Economic Annals is an academic journal that has been published on a quarterly basis since 1955, initially under its Serbian name of Ekonomski anali (EconLit). Since 2006 it has been published exclusively in English. It is published by the Faculty of Economics, University of Belgrade, Serbia. The journal publishes research in all areas of economics. The Editorial Board welcomes contributions that explore economic issues in a comparative perspective with a focus on transition and emerging economies in Europe and around the world. The journal encourages the submission of original unpublished works, not under consideration by other journals or publications. All submitted papers undergo a double blind refereeing process. Authors are expected to follow standard publication procedures [Instructions to Authors], to recognise the values of the international academic community and to respect the journal’s Policy.