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2019 | vol. 27, iss. 1 | 79--91
Tytuł artykułu

An Analysis of the Relationships Between Domestic Real Estate Markets - A Systemic Approach

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
This article analyzes the spread of market phenomena, market tensions and trends between real estate markets on the global scale. At the theoretical level, the main aim of the study was to determine the nature of the relationships between housing markets throughout the world. The main research goal was to identify and describe the strength of the correlations between the real estate markets of the world's 10 largest economies (countries with the highest GDP). The analyses were conducted with the use of Pearson's correlation tests, Granger causality tests and graphs. Our results revealed strong correlations between most of the markets; however, we did not find strong evidence for causality. In a globalizing world, national economies will become increasingly interconnected, which will indirectly influence the housing market.(original abstract)
Rocznik
Strony
79--91
Opis fizyczny
Twórcy
  • University of Warmia and Mazury in Olsztyn, Poland
  • Szkoła Główna Handlowa w Warszawie; Narodowy Bank Polski
  • Szkoła Główna Handlowa w Warszawie; Narodowy Bank Polski
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171566358

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