Factors contributing to the fluctuations in residential construction in Iran
<p class="MsoNormal" style="text-align: justify; line-height: normal;"><span style="font-size: 12.0pt; font-family: "Times New Roman","serif";">Residential construction is one of the most important pillars of Iran&rsqu...
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Format: | Article |
Language: | English |
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UTS ePRESS
2011-12-01
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Series: | Australasian Journal of Construction Economics and Building |
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Online Access: | https://epress.lib.uts.edu.au/journals/index.php/AJCEB/article/view/2295 |
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author | Hassan Gholipour Fereidouni |
author_facet | Hassan Gholipour Fereidouni |
author_sort | Hassan Gholipour Fereidouni |
collection | DOAJ |
description | <p class="MsoNormal" style="text-align: justify; line-height: normal;"><span style="font-size: 12.0pt; font-family: "Times New Roman","serif";">Residential construction is one of the most important pillars of Iran’s economy. Although this sector had an increasing trend over the past two decades, however, the growth rate of residential construction was very volatile. The purpose of this paper is to empirically investigate those factors contributing to this fluctuation <span style="color: #131413;">over the 1991:Q2-2008:Q4. B</span>y applying <span style="color: #131413;">cointegration approach, the empirical results show that housing prices, construction costs, GDP and gold prices are important factors to explain swings in residential construction in Iran. <span style="mso-spacerun: yes;"> </span></span></span></p> |
first_indexed | 2024-04-13T15:12:13Z |
format | Article |
id | doaj.art-5942c3d55a114a26b35f2c1816a81a8b |
institution | Directory Open Access Journal |
issn | 1835-6354 1837-9133 |
language | English |
last_indexed | 2024-04-13T15:12:13Z |
publishDate | 2011-12-01 |
publisher | UTS ePRESS |
record_format | Article |
series | Australasian Journal of Construction Economics and Building |
spelling | doaj.art-5942c3d55a114a26b35f2c1816a81a8b2022-12-22T02:41:59ZengUTS ePRESSAustralasian Journal of Construction Economics and Building1835-63541837-91332011-12-01114778610.5130/ajceb.v11i4.22951601Factors contributing to the fluctuations in residential construction in IranHassan Gholipour Fereidouni0Universiti Sains Malaysia<p class="MsoNormal" style="text-align: justify; line-height: normal;"><span style="font-size: 12.0pt; font-family: "Times New Roman","serif";">Residential construction is one of the most important pillars of Iran’s economy. Although this sector had an increasing trend over the past two decades, however, the growth rate of residential construction was very volatile. The purpose of this paper is to empirically investigate those factors contributing to this fluctuation <span style="color: #131413;">over the 1991:Q2-2008:Q4. B</span>y applying <span style="color: #131413;">cointegration approach, the empirical results show that housing prices, construction costs, GDP and gold prices are important factors to explain swings in residential construction in Iran. <span style="mso-spacerun: yes;"> </span></span></span></p>https://epress.lib.uts.edu.au/journals/index.php/AJCEB/article/view/2295Housing, Construction Costs, Residential Construction, Cointegration Approach, Iran |
spellingShingle | Hassan Gholipour Fereidouni Factors contributing to the fluctuations in residential construction in Iran Australasian Journal of Construction Economics and Building Housing, Construction Costs, Residential Construction, Cointegration Approach, Iran |
title | Factors contributing to the fluctuations in residential construction in Iran |
title_full | Factors contributing to the fluctuations in residential construction in Iran |
title_fullStr | Factors contributing to the fluctuations in residential construction in Iran |
title_full_unstemmed | Factors contributing to the fluctuations in residential construction in Iran |
title_short | Factors contributing to the fluctuations in residential construction in Iran |
title_sort | factors contributing to the fluctuations in residential construction in iran |
topic | Housing, Construction Costs, Residential Construction, Cointegration Approach, Iran |
url | https://epress.lib.uts.edu.au/journals/index.php/AJCEB/article/view/2295 |
work_keys_str_mv | AT hassangholipourfereidouni factorscontributingtothefluctuationsinresidentialconstructioniniran |