Factors Contributing to the Fluctuation in Residential Construction in Iran

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

Preview

PDF Download (593kB) | Preview

Abstract

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.

Item Type:	Article
Subjects:	T Technology > TH Building construction > TH1-9745 Building construction
Divisions:	Pusat Pengajian Perumahan, Bangunan & Perancangan (School of Housing, Building & Planning) > Article
Depositing User:	Mr Noorazilan Noordin
Date Deposited:	22 Feb 2018 02:08
Last Modified:	22 Feb 2018 02:08
URI:	http://eprints.usm.my/id/eprint/39104

Actions (login required)

View Item