The Effect of Financial Integration and Housing Price on Economic Fluctuations in D8 Member Countries
Global, financial and regional integrations for developing countries that are not prepared to enter free trade can be the most effective way for gradual opening of national economies in such countries and merging of them in the global economy. On the other hand, the construction and housing sector n...
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| Format: | Article |
| Language: | English |
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Mashhad: Behzad Hassannezhad Kashani
2015-12-01
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| Series: | International Journal of Management, Accounting and Economics |
| Subjects: | |
| Online Access: | https://www.ijmae.com/article_117758_94e120d14c4373a0a981a80546cce1b6.pdf |
| _version_ | 1797690264314183680 |
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| author | Seyyed Mohsen Soltani Elham Nagheli |
| author_facet | Seyyed Mohsen Soltani Elham Nagheli |
| author_sort | Seyyed Mohsen Soltani |
| collection | DOAJ |
| description | Global, financial and regional integrations for developing countries that are not prepared to enter free trade can be the most effective way for gradual opening of national economies in such countries and merging of them in the global economy. On the other hand, the construction and housing sector needs macroeconomic capitals for up-to-dating, investment and increased employment in this sector that can attract other countries' capitals given the integration among countries and reduction of technology transfer barriers in the region which is finally led to increased production. Four dependent variables and four models are employed in the present study. Economic fluctuations are adopted from different indices of the economic sector. In the last step, the results are compared with each other indicating the innovative aspect of this study. The effect of financial integration and housing price on economic fluctuations is explored in the current study via GMM method during the time period 2000-2013. Given the obtained results, housing price causes to stimulate production and increase economic fluctuations. Similarly, integration has a positive effect on increased economic activities. |
| first_indexed | 2024-03-12T01:58:04Z |
| format | Article |
| id | doaj.art-4453dc2fc36d40958082d18023fbf774 |
| institution | Directory Open Access Journal |
| issn | 2383-2126 |
| language | English |
| last_indexed | 2024-03-12T01:58:04Z |
| publishDate | 2015-12-01 |
| publisher | Mashhad: Behzad Hassannezhad Kashani |
| record_format | Article |
| series | International Journal of Management, Accounting and Economics |
| spelling | doaj.art-4453dc2fc36d40958082d18023fbf7742023-09-07T21:59:25ZengMashhad: Behzad Hassannezhad KashaniInternational Journal of Management, Accounting and Economics2383-21262015-12-0121214451455117758The Effect of Financial Integration and Housing Price on Economic Fluctuations in D8 Member CountriesSeyyed Mohsen Soltani0Elham Nagheli1Department of Economics, Khomeinishahr Branch, Islamic Azad University, Khomeinishahr, Isfahan, IranDepartment of Economics, Khomeinishahr Branch, Islamic Azad University, Khomeinishahr, Isfahan, IranGlobal, financial and regional integrations for developing countries that are not prepared to enter free trade can be the most effective way for gradual opening of national economies in such countries and merging of them in the global economy. On the other hand, the construction and housing sector needs macroeconomic capitals for up-to-dating, investment and increased employment in this sector that can attract other countries' capitals given the integration among countries and reduction of technology transfer barriers in the region which is finally led to increased production. Four dependent variables and four models are employed in the present study. Economic fluctuations are adopted from different indices of the economic sector. In the last step, the results are compared with each other indicating the innovative aspect of this study. The effect of financial integration and housing price on economic fluctuations is explored in the current study via GMM method during the time period 2000-2013. Given the obtained results, housing price causes to stimulate production and increase economic fluctuations. Similarly, integration has a positive effect on increased economic activities.https://www.ijmae.com/article_117758_94e120d14c4373a0a981a80546cce1b6.pdffinancial integrationhousing priceeconomic fluctuations |
| spellingShingle | Seyyed Mohsen Soltani Elham Nagheli The Effect of Financial Integration and Housing Price on Economic Fluctuations in D8 Member Countries International Journal of Management, Accounting and Economics financial integration housing price economic fluctuations |
| title | The Effect of Financial Integration and Housing Price on Economic Fluctuations in D8 Member Countries |
| title_full | The Effect of Financial Integration and Housing Price on Economic Fluctuations in D8 Member Countries |
| title_fullStr | The Effect of Financial Integration and Housing Price on Economic Fluctuations in D8 Member Countries |
| title_full_unstemmed | The Effect of Financial Integration and Housing Price on Economic Fluctuations in D8 Member Countries |
| title_short | The Effect of Financial Integration and Housing Price on Economic Fluctuations in D8 Member Countries |
| title_sort | effect of financial integration and housing price on economic fluctuations in d8 member countries |
| topic | financial integration housing price economic fluctuations |
| url | https://www.ijmae.com/article_117758_94e120d14c4373a0a981a80546cce1b6.pdf |
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