Impacts of Rent Deregulation Process on Household Behavior:
Lessons from the Czech	and Slovak Republics

D 2015

Impacts of Rent Deregulation Process on Household Behavior: Lessons from the Czech and Slovak Republics

ŠPALEK, Jiří a Dagmar ŠPALKOVÁ

Základní údaje

Originální název

Impacts of Rent Deregulation Process on Household Behavior: Lessons from the Czech and Slovak Republics

Autoři

ŠPALEK, Jiří a Dagmar ŠPALKOVÁ

Vydání

Prague, Proceedings of the 20th International Conference Theoretical and Practical Aspects of Public Finance 2015, od s. 256-261, 6 s. 2015

Nakladatel

University of Economics

Další údaje

Jazyk

angličtina

Typ výsledku

Stať ve sborníku

Obor

50200 5.2 Economics and Business

Stát vydavatele

Česká republika

Utajení

není předmětem státního či obchodního tajemství

Forma vydání

paměťový nosič (CD, DVD, flash disk)

Odkazy

URL

Označené pro přenos do RIV

Ano

Kód RIV

RIV/00216224:14560/15:00083216

Organizační jednotka

Ekonomicko-správní fakulta

ISBN

978-80-245-2094-0

UT WoS

000389582500044

Klíčová slova česky

bydlení;vlastnictví;nájem;deregulace;regrese

Klíčová slova anglicky

housing;tenure;rent;deregulation;regression

Příznaky

Mezinárodní význam, Recenzováno

Změněno: 30. 5. 2017 13:25, Ing. Dagmar Špalková, Ph.D.

Anotace

V originále

Rent control can be treated as a measure which aims to subsidize specific group of households – tenants. The subsidy takes form of reduced rent which is financed both by the private owners and municipalities (i.e. public budgets). Besides the reduction of such subsidy, deregulation process aims to improve effectiveness of housing market. This might increase overall mobility of households with subsequent potential positive impacts on diverse economic indicators. Our analysis deals with one potential impact of rent deregulation process – changes in tenure choice patterns. Existing literature defines several typical factors which influence this key decision every household has to make. The paper examines the potential factors using an econometric model drawing on sample data (the panel data based on investigation of EU-SILC) in the Czech Republic and Slovakia. In our analysis we propose one more factor which might be of interest. Based on the Czech data covering the period of the rent deregulation process in 2007-2011 we assess to what extent rent deregulation itself has influenced the tenure choice patterns. Our analysis using probit model did prove that regulated rents were an important factor affecting tenure choice in the Czech Republic. After deregulation households living in apartments with regulated rent preferred to buy house rather than stay in rental sector.

Návaznosti

MUNI/A/1232/2014, interní kód MU

Název: Alokační efektivnost a redistribuční spravedlnost veřejného sektoru. (Akronym: Efektivnost a spravedlnost VES)

Investor: Masarykova univerzita, Alokační efektivnost a redistribuční spravedlnost veřejného sektoru., DO R. 2020_Kategorie A - Specifický výzkum - Studentské výzkumné projekty

Citovat

ŠPALEK, Jiří a Dagmar ŠPALKOVÁ. Impacts of Rent Deregulation Process on Household Behavior: Lessons from the Czech and Slovak Republics. In Lucie Sedmihradská. Proceedings of the 20th International Conference Theoretical and Practical Aspects of Public Finance 2015. Prague: University of Economics, 2015, s. 256-261. ISBN 978-80-245-2094-0.

@inproceedings{1301602,
   author = {Špalek, Jiří and Špalková, Dagmar},
   address = {Prague},
   booktitle = {Proceedings of the 20th International Conference Theoretical and Practical Aspects of Public Finance 2015},
   editor = {Lucie Sedmihradská},
   keywords = {housing;tenure;rent;deregulation;regression},
   howpublished = {paměťový nosič},
   language = {eng},
   location = {Prague},
   isbn = {978-80-245-2094-0},
   pages = {256-261},
   publisher = {University of Economics},
   title = {Impacts of Rent Deregulation Process on Household Behavior: Lessons from the Czech and Slovak Republics},
   url = {http://kvf.vse.cz/wp-content/uploads/2013/11/tpavf-2015.pdf#page=256},
   year = {2015}
}

TY  - CONF
ID  - 1301602
AU  - Špalek, Jiří - Špalková, Dagmar
PY  - 2015
TI  - Impacts of Rent Deregulation Process on Household Behavior: Lessons from the Czech and Slovak Republics
PB  - University of Economics
CY  - Prague
SN  - 9788024520940
KW  - housing;tenure;rent;deregulation;regression
UR  - http://kvf.vse.cz/wp-content/uploads/2013/11/tpavf-2015.pdf#page=256
L2  - http://kvf.vse.cz/wp-content/uploads/2013/11/tpavf-2015.pdf#page=256
N2  - Rent control can be treated as a measure which aims to subsidize specific group of households – tenants. The subsidy takes form of reduced rent which is financed both by the private owners and municipalities (i.e. public budgets). Besides the reduction of such subsidy, deregulation process aims to improve effectiveness of housing market. This might increase overall mobility of households with subsequent potential positive impacts on diverse economic indicators. Our analysis deals with one potential impact of rent deregulation process – changes in tenure choice patterns. Existing literature defines several typical factors which influence this key decision every household has to make. The paper examines the potential factors using an econometric model drawing on sample data (the panel data based on investigation of EU-SILC) in the Czech Republic and Slovakia. In our analysis we propose one more factor which might be of interest. Based on the Czech data covering the period of the rent deregulation process in 2007-2011 we assess to what extent rent deregulation itself has influenced the tenure choice patterns. Our analysis using probit model did prove that regulated rents were an important factor affecting tenure choice in the Czech Republic. After deregulation households living in apartments with regulated rent preferred to buy house rather than stay in rental sector.
ER  -

ŠPALEK, Jiří a Dagmar ŠPALKOVÁ. Impacts of Rent Deregulation Process on Household Behavior: Lessons from the Czech and Slovak Republics. In Lucie Sedmihradská. \textit{Proceedings of the 20th International Conference Theoretical and Practical Aspects of Public Finance 2015}. Prague: University of Economics, 2015, s.~256-261. ISBN~978-80-245-2094-0.

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