Spanish housing markets during the first phase of the rural-urban transition process

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dc.contributor.author Carmona, Juan
dc.contributor.author Lampe, Markus
dc.contributor.author Rosés, Joan R.
dc.contributor.editor Universidad Carlos III de Madrid. Departamento de Historia Económica e Instituciones
dc.contributor.editor Universidad Carlos III de Madrid. Instituto Figuerola de Historia y Ciencias Sociales
dc.date.accessioned 2011-07-27T12:11:22Z
dc.date.available 2011-07-27T12:11:22Z
dc.date.issued 2011-07
dc.identifier.uri http://hdl.handle.net/10016/11931
dc.description.abstract This paper discusses how Spain’s housing markets reacted to the far-reaching 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 housing markets did not face supply constraints, responded swiftly to the growing demand for accommodation and were efficient. In light of this new evidence, we conclude that housing markets were not a burden for Spanish economic development and that Spain’s institutional and regulatory frameworks were suitable for the housing needs at the time.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.relation.ispartofseries Working papers in Economic History
dc.relation.ispartofseries 11-08
dc.rights Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.other Hedonic prices
dc.subject.other Demand and supply of housing
dc.subject.other Regulation in housing markets
dc.title Spanish housing markets during the first phase of the rural-urban transition process
dc.type workingPaper
dc.subject.jel N93
dc.subject.jel N94
dc.subject.jel R30
dc.subject.eciencia Economía
dc.subject.eciencia Historia
dc.rights.accessRights openAccess
dc.type.version submitedVersion
dc.identifier.uxxi DT/0000000991
dc.identifier.repec wp11-08
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