ČEPELOVÁ, Kristýna a Vlastimil REICHEL. Quantifying the impact of rent deregulation on property prices. Online. In Ing. Veronika Nálepová, Ph.D.; Ing. Martina Pavlorková. Proceedings of the International Scientific Conference ECONOMIC AND SOCIAL POLICY. Ostrava: Vysoká škola PRIGO, 2021, s. 39-50. ISBN 978-80-87291-29-0.
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Základní údaje
Originální název Quantifying the impact of rent deregulation on property prices
Název anglicky Quantifying the impact of rent deregulation on property prices
Autoři ČEPELOVÁ, Kristýna (203 Česká republika, garant, domácí) a Vlastimil REICHEL (203 Česká republika, domácí).
Vydání Ostrava, Proceedings of the International Scientific Conference ECONOMIC AND SOCIAL POLICY, od s. 39-50, 12 s. 2021.
Nakladatel Vysoká škola PRIGO
Další údaje
Originální jazyk čeština
Typ výsledku Stať ve sborníku
Obor 50201 Economic Theory
Stát vydavatele Česká republika
Utajení není předmětem státního či obchodního tajemství
Forma vydání elektronická verze "online"
WWW URL
Kód RIV RIV/00216224:14560/21:00125212
Organizační jednotka Ekonomicko-správní fakulta
ISBN 978-80-87291-29-0
ISSN 2571-1776
UT WoS 000836186000004
Klíčová slova anglicky Real Estate Market; Rental Housing Market; Rent Deregulation; ARIMAX Model
Příznaky Mezinárodní význam, Recenzováno
Změnil Změnila: Mgr. Pavlína Kurková, učo 368752. Změněno: 31. 3. 2023 16:17.
Anotace
The aim of the paper is to quantify the impact of rent deregulation on property prices. Using univariate time series models with an intervening variable – the ARIMAX model – the impact of rent price deregulation on property prices is estimated for fourteen regions of the Czech Republic. The analysis is performed on quarterly data covering the period 1999-2017. The variables capturing the intervention in the form of rent deregulation are of two types: the first covers the period between 2007-2008 and the second covers the period between 2006-2012. The results show that deregulation may have played a significant role in driving up house prices within regions where the number of deregulated apartments was highest. Although the results are similar in terms of absolute house price increases for both types of intervention variables, it cannot be concluded that the impacts found are statistically significant for all regions when using both types of interventions. Moreover, in absolute terms, the impact of rent deregulation is only a marginal increase in house prices at the time the deregulations are introduced.
Anotace anglicky
The aim of the paper is to quantify the impact of rent deregulation on property prices. Using univariate time series models with an intervening variable – the ARIMAX model – the impact of rent price deregulation on property prices is estimated for fourteen regions of the Czech Republic. The analysis is performed on quarterly data covering the period 1999-2017. The variables capturing the intervention in the form of rent deregulation are of two types: the first covers the period between 2007-2008 and the second covers the period between 2006-2012. The results show that deregulation may have played a significant role in driving up house prices within regions where the number of deregulated apartments was highest. Although the results are similar in terms of absolute house price increases for both types of intervention variables, it cannot be concluded that the impacts found are statistically significant for all regions when using both types of interventions. Moreover, in absolute terms, the impact of rent deregulation is only a marginal increase in house prices at the time the deregulations are introduced.
Návaznosti
MUNI/A/1171/2020, interní kód MUNázev: Význam institucí v transformaci ekonomiky
Investor: Masarykova univerzita, Význam institucí v transformaci ekonomiky
VytisknoutZobrazeno: 25. 4. 2024 08:03