Yazar
Erol, Işıl, Unal, U.
Basım Tarihi
2023
Basım Yeri
-
Taylor and Francis
Konu
Australia, Housing prices, Instrumental variables, Internal migration
Tür
Süreli Yayın
Dil
İngilizce
Dijital
Evet
Yazma
Hayır
Kütüphane
Özyeğin Üniversitesi
Demirbaş Numarası
0034-3404
Kayıt Numarası
8e5954a8-ca08-449b-8929-59c493aa15ee
Lokasyon
International Finance
Tarih
2023
Notlar
American Economic Association Meeting ; Australian Bureau of Statistics ; Queensland University of Technology ; Universität zu Köln
Örnek Metin
Australia is one of the most mobile countries in the world due to internal migration. This study provides the first evidence of the causal impact of internal migration inflow on house price changes across 237 statistical regions in Australia from 2014 to 2019. Employing a spatial correlation approach, the paper indicates that internal migration that amounts to 1% of the initial local area population is associated with a 0.52–0.71% increase in house prices in the three most populated states of Australia. Migration inflow has a significant positive effect on house price changes in metropolitan areas of Sydney and Melbourne rather than non-metropolitan regions.
DOI
10.1080/00343404.2022.2106363
Cilt
57