Study of the Instability Trend of Rural House Price in Iran

Hossein Panahi; tavakkol aghayari hir; seyed ali aleemran

doi:10.22075/jem.2018.13105.1101

مدلسازی اقتصادسنجی (Jun 2017)

Study of the Instability Trend of Rural House Price in Iran

Hossein Panahi,
tavakkol aghayari hir,
seyed ali aleemran

Affiliations

Hossein Panahi: Professor in Economics, Department of Economic Development and Planning, University of Tabriz
tavakkol aghayari hir: Asistant Professor in Demography, Department of Social Sciences, University of Tabriz
seyed ali aleemran: Ph.D. Student in Economics, Department of Economic Development and Planning, University of Tabriz

DOI: https://doi.org/10.22075/jem.2018.13105.1101
Journal volume & issue: Vol. 2, no. 3
pp. 99 – 127

Abstract

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The objective of this research is to study of the instability trend of rural house price in Iran over the period of first quarter of 1996 to fourth quarter of 2015. To quantitative instability of rural house price, EGARCH model is used. The results indicate that the volatility of rural house price was high in the second quarter of 2001, the second and forth quarter of 2006, the second quarter of 2008 and second quarter of 2014. As among the volatilities respectively, the volatilities of the second quarter of 2006 and second quarter of 2014 were higher than others. Also, in other periods, the volatility of rural house price had a stable trend.

Published in مدلسازی اقتصادسنجی

ISSN: 2345-654X (Print); 2821-2150 (Online)
Publisher: Semnan University
Country of publisher: Iran, Islamic Republic of
LCC subjects: Social Sciences: Industries. Land use. Labor: Economic growth, development, planning
Website: https://jem.semnan.ac.ir/?lang=en

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