This paper provides the first systematic empirical assessment of the pace at which housing investment has responded to rising demand from urbanization. The assessment used national accounts statistics to build a data set of residential housing investment for more than 90 countries. The data set explicitly accounts for investment by households, the government, and the private sector. The analysis finds that housing investment follows an S-shaped trajectory...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2014/11/01
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Рабочие документы (нумерованная серия)
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115004
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1
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1
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2017/05/15
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Disclosed
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Urbanization and housing investment
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Housing