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Testing for long-run convergence across regional house prices in the UK: a pairwise approach

Research output: Contribution to Journal/Magazine › Journal article › peer-review

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Testing for long-run convergence across regional house prices in the UK: a pairwise approach. / Abbott, Andrew James; De Vita, Glauco.
In: Applied Economics, Vol. 45, No. 10, 09.12.2011, p. 1227-1238.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Abbott, AJ & De Vita, G 2011, 'Testing for long-run convergence across regional house prices in the UK: a pairwise approach', Applied Economics, vol. 45, no. 10, pp. 1227-1238. https://doi.org/10.1080/00036846.2011.613800

APA

Abbott, A. J., & De Vita, G. (2011). Testing for long-run convergence across regional house prices in the UK: a pairwise approach. Applied Economics, 45(10), 1227-1238. https://doi.org/10.1080/00036846.2011.613800

Vancouver

Abbott AJ, De Vita G. Testing for long-run convergence across regional house prices in the UK: a pairwise approach. Applied Economics. 2011 Dec 9;45(10):1227-1238. doi: 10.1080/00036846.2011.613800

Author

Abbott, Andrew James ; De Vita, Glauco. / Testing for long-run convergence across regional house prices in the UK : a pairwise approach. In: Applied Economics. 2011 ; Vol. 45, No. 10. pp. 1227-1238.

Bibtex

@article{ee60795780b2446eab0bd27006bd08fd,
title = "Testing for long-run convergence across regional house prices in the UK: a pairwise approach",
abstract = "This article tests for stochastic convergence in UK regional house prices using the recently developed pairwise approach. This approach allows for unit root tests to be conducted on all N(N − 1)/2 possible pairs of house price differentials across N regions in the UK, thus avoiding the need to choose a base region or alternative national figure as the benchmark. Using mix adjusted house price data from 1973:Q4 to 2008:Q4, the main finding is that there is no evidence of long run convergence among regional house prices or of an equilibrium relationship towards which UK regional house prices have a tendency to gravitate.",
keywords = "regional convergence, house prices, housing market, pairwise approach",
author = "Abbott, {Andrew James} and {De Vita}, Glauco",
year = "2011",
month = dec,
day = "9",
doi = "10.1080/00036846.2011.613800",
language = "English",
volume = "45",
pages = "1227--1238",
journal = "Applied Economics",
issn = "0003-6846",
publisher = "Routledge",
number = "10",

}

RIS

TY - JOUR

T1 - Testing for long-run convergence across regional house prices in the UK

T2 - a pairwise approach

AU - Abbott, Andrew James

AU - De Vita, Glauco

PY - 2011/12/9

Y1 - 2011/12/9

N2 - This article tests for stochastic convergence in UK regional house prices using the recently developed pairwise approach. This approach allows for unit root tests to be conducted on all N(N − 1)/2 possible pairs of house price differentials across N regions in the UK, thus avoiding the need to choose a base region or alternative national figure as the benchmark. Using mix adjusted house price data from 1973:Q4 to 2008:Q4, the main finding is that there is no evidence of long run convergence among regional house prices or of an equilibrium relationship towards which UK regional house prices have a tendency to gravitate.

AB - This article tests for stochastic convergence in UK regional house prices using the recently developed pairwise approach. This approach allows for unit root tests to be conducted on all N(N − 1)/2 possible pairs of house price differentials across N regions in the UK, thus avoiding the need to choose a base region or alternative national figure as the benchmark. Using mix adjusted house price data from 1973:Q4 to 2008:Q4, the main finding is that there is no evidence of long run convergence among regional house prices or of an equilibrium relationship towards which UK regional house prices have a tendency to gravitate.

KW - regional convergence

KW - house prices

KW - housing market

KW - pairwise approach

U2 - 10.1080/00036846.2011.613800

DO - 10.1080/00036846.2011.613800

M3 - Journal article

VL - 45

SP - 1227

EP - 1238

JO - Applied Economics

JF - Applied Economics

SN - 0003-6846

IS - 10

ER -