The role of productivity of total factor inputs in buihding domain in Iran and Azerbaijan countries
The constant importance of assets market necessitates continual investigation of housing and real estate market. Economical fluctuations variables in different sections in particular in assets market are a common phenomenon in most of the countries. Economy may once reach the highest point and yet t...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
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Islamic Azad University, Tabriz Branch
2018-01-01
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| Series: | مدیریت بهره وری |
| Subjects: | |
| Online Access: | http://jpm.iaut.ac.ir/article_538165_f244a568939640f07fa355b8d5f82b4a.pdf |
| Summary: | The constant importance of assets market necessitates continual investigation of housing and real estate market. Economical fluctuations variables in different sections in particular in assets market are a common phenomenon in most of the countries. Economy may once reach the highest point and yet the lowest in another. One of the most important parts of assets is housing estate. This study is about to investigate the effect of total factor inputs productivity on building construction price index in Iran and Azerbaijan countries in a span of time between 1998-2014 based on quarterly measures. To assess the effects of the variables auto regression distributed lag method was used. The results indicated that, total factor inputs on building construction price index in the short and long run has positive impact on the field of building price index in both Iran and Azerbaijan countries. The credit facilities granted by the banking system, total housing production costs, inflation and urbanity acted as control variables had significant and positive impact on the housing price in both of countries. Which were entered into the model as control variables, have had significant and positive impact on the housing price in such countries. |
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| ISSN: | 2716-9979 2476-7298 |