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_aGholipour, Hassan F. _957068 |
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_aUrban house prices and investments in small and medium-sized industrial firms: _bEvidence from provinces of Iran/ |
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_bSage, _c2020. |
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300 | _aVol 57, Issue 16, 2020 ( 3347–3362 p.). | ||
520 | _aUsing data from provinces of Iran from 2005 to 2016 and applying panel cointegrating regressions, I find that increases in real house prices have a negative and statistically significant effect on investments in small and medium-sized industrial firms. There are at least three possible mechanisms through which increases in house prices adversely affect industrial entrepreneurship. They (1) generate housing construction investment opportunities with high returns, (2) attract many urban adults with tertiary education to the real estate brokerage industry, and (3) encourage people to save more to buy houses (which is one of the prerequisites for marriage in Iran). | ||
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_08843 _916581 _dLondon Sage Publications Ltd. 1964 _tUrban studies _x0042-0980 |
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856 | _uhttps://doi.org/10.1177/0042098019897887 | ||
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_2ddc _cEJR |
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_c14276 _d14276 |