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Housing markets during the rural-urban transition : evidence from early 20th century Spain

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dc.affiliation.institutoUC3M. Instituto Figuerola de Historia y Ciencias Socialeses
dc.contributor.authorCarmona, Juan
dc.contributor.authorLampe, Markus
dc.contributor.authorRosés, Joan R.
dc.contributor.editorUniversidad Carlos III de Madrid. Departamento de Historia Económica e Instituciones
dc.date.accessioned2012-11-07T18:27:35Z
dc.date.available2012-11-07T18:27:35Z
dc.date.issued2012-10
dc.description.abstractThis paper discusses how Spain’s urban housing markets reacted to the farreaching changes that affected the demand for dwellings during the first phase of the rural-urban transition process. To this end, we construct a new hedonic index of real housing prices and assemble a cross-regional panel dataset of price fundamentals. The results of our econometric analysis suggest that urban housing markets did not face supply constraints and responded swiftly to the growing demand for accommodation. In light of this new evidence, we conclude that housing markets were not a burden for Spanish economic development and that Spain’s urban infrastructure and institutional framework and were suitable for the housing needs at the time
dc.description.sponsorshipThe authors acknowledge financial support from the Spanish Ministry of Science and Innovation projects “Consolidating Economics” within the Consolider-Ingenio 2010 Program. Rosés also acknowledges support from the project ECO2009-13331-C02-01. Lampe thanks project ECO2011-25713.
dc.format.mimetypeapplication/pdf
dc.identifier.repecwp12-10
dc.identifier.urihttps://hdl.handle.net/10016/15833
dc.identifier.uxxiDT/0000000978
dc.language.isoeng
dc.relation.ispartofseriesWorking papers in economic history
dc.relation.ispartofseries12-10
dc.relation.projectIDinfo:eu-repo/grantAgreement/EC/FP7/225342
dc.relation.projectIDGobierno de España. ECO2009-13331-C02-01
dc.relation.projectIDGobierno de España. ECO2011-25713
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRightsopen access
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.ecienciaEconomía
dc.subject.ecienciaHistoria
dc.subject.jelN93
dc.subject.jelN94
dc.subject.jelR30
dc.subject.otherHedonic prices
dc.subject.otherDemand and Supply of Housing
dc.subject.otherRegulation in Housing Markets
dc.titleHousing markets during the rural-urban transition : evidence from early 20th century Spain
dc.typeworking paper*
dc.type.hasVersionSMUR*
dspace.entity.typePublication
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