Factors Contributing to the Fluctuation in Residential Construction in Iran
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, the growth rate of residential construction has been very volatile. The purpose of this paper is to empirically investigate those factors contribut...
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Format: | Article |
Language: | English |
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UTS ePRESS
2011
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Online Access: | http://eprints.usm.my/39104/1/Factors_contributing_to_the_fluctuations_in_residential_construction_in_Iran.pdf |
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author | Fereidouni, Hassan Gholipour |
author_facet | Fereidouni, Hassan Gholipour |
author_sort | Fereidouni, Hassan Gholipour |
collection | USM |
description | 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, the growth rate of residential construction has been very volatile. The purpose of this paper is to empirically investigate those factors contributing to this fluctuation over the 1991:Q2-2008:Q4. By applying cointegration approach, the empirical results show that housing prices, construction costs, GDP and gold prices are important factors to predict changes in the level of residential construction in Iran. |
first_indexed | 2024-03-06T15:15:58Z |
format | Article |
id | usm.eprints-39104 |
institution | Universiti Sains Malaysia |
language | English |
last_indexed | 2024-03-06T15:15:58Z |
publishDate | 2011 |
publisher | UTS ePRESS |
record_format | dspace |
spelling | usm.eprints-391042018-02-22T02:08:23Z http://eprints.usm.my/39104/ Factors Contributing to the Fluctuation in Residential Construction in Iran Fereidouni, Hassan Gholipour TH1-9745 Building construction 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, the growth rate of residential construction has been very volatile. The purpose of this paper is to empirically investigate those factors contributing to this fluctuation over the 1991:Q2-2008:Q4. By applying cointegration approach, the empirical results show that housing prices, construction costs, GDP and gold prices are important factors to predict changes in the level of residential construction in Iran. UTS ePRESS 2011 Article PeerReviewed application/pdf en http://eprints.usm.my/39104/1/Factors_contributing_to_the_fluctuations_in_residential_construction_in_Iran.pdf Fereidouni, Hassan Gholipour (2011) Factors Contributing to the Fluctuation in Residential Construction in Iran. Australasian Journal of Construction Economics and Building, 11 (4). pp. 77-86. ISSN 1835-6354 http://epress.lib.uts.edu.au/journals/index.php/AJCEB/article/view/2295 |
spellingShingle | TH1-9745 Building construction Fereidouni, Hassan Gholipour Factors Contributing to the Fluctuation in Residential Construction in Iran |
title | Factors Contributing to the Fluctuation in Residential Construction in Iran |
title_full | Factors Contributing to the Fluctuation in Residential Construction in Iran |
title_fullStr | Factors Contributing to the Fluctuation in Residential Construction in Iran |
title_full_unstemmed | Factors Contributing to the Fluctuation in Residential Construction in Iran |
title_short | Factors Contributing to the Fluctuation in Residential Construction in Iran |
title_sort | factors contributing to the fluctuation in residential construction in iran |
topic | TH1-9745 Building construction |
url | http://eprints.usm.my/39104/1/Factors_contributing_to_the_fluctuations_in_residential_construction_in_Iran.pdf |
work_keys_str_mv | AT fereidounihassangholipour factorscontributingtothefluctuationinresidentialconstructioniniran |