An alternative approach to examining the ripple effect in UK house prices

被引：66
|
作者：
Cook, S [1 ]
Thomas, C [1 ]
机构：
[1] Univ Coll Swansea, Dept Econ, Swansea SA2 8PP, W Glam, Wales
来源：
APPLIED ECONOMICS LETTERS | 2003年 / 10卷 / 13期
关键词：
D O I：
10.1080/1350485032000143119
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This article examines the possibility of a ripple effect being present in the UK housing market using a previously unconsidered two-stage procedure. According to Drake, the ripple effect hypothesises that changes in house prices occurs earlier and more extensively in the South East of England than in other regions of the UK Via application of non-parametric testing and business cycle dating techniques, evidence in favour of a ripple effect is derived.
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页码：849 / 851
页数：3
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