Property and the economy in the short-term and the long-run

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Abstract:

This study inquires into the relationships between property and the economy in both short-term and long-run. It has been made evident that property is an integrated part of the economy and its performance is closely related to a variety of economic activities, especially the real sectors in the economy. Moreover, the relationships of property with other sectors in the economy are stronger in the long-run than that in the short-term, due to the long-run attribute of property development and investment.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/00036840122756

Publication date: February 1, 2001

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