The Covid-19 pandemic and house price convergence in Poland
Bibliographic Data
| ID | 12820133 |
|---|---|
| Authors | Mateusz Tomal (0000-0002-8393-1614, Krakow University of Economics, corresponding author) |
| Year | 2023 |
| Volume | 40 |
| Issue | 2 |
| Pages | 577-602 |
| Publication date | 2023-11-15 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Housing and the Built Environment (JOURNAL) |
| Journal identifiers | ISSN: 1566-4910 • E-ISSN: 1573-7772 |
| Publisher | Springer Science+Business Media (PUBLISHER • DE) |
| DOI | 10.1007/s10901-023-10090-6 |
| OpenAlex | W4388701926 |
| Language | EN |
| Citations received | 1 |
| References cited | 46 |
The effect of the COVID-19 pandemic on price convergence in the housing market is largely unknown. This paper aims to assess the impact of the pandemic on the convergence of sales and rental housing prices. The residential markets in Polish voivodeship capitals were chosen as a case study. The convergence evaluation was based on a local linear version of the log t regression test, which allowed the estimation of a time-varying convergence speed parameter. The causal effect of the pandemic on convergence was examined using a Bayesian structural time series model. The study results revealed that the pandemic led to divergence in the primary sales housing market, growth convergence in the secondary sales housing market, and a weakening growth convergence in the rental housing market. Finally, this paper provides the R function logt that enables running the local linear and dummy variable log t regression tests
Convergence (economics · Coronavirus disease 2019 (COVID-19 · Divergence (linguistics · Econometrics · Economic growth · Economics · Pandemic · Renting · COVID-19 Pandemic Impacts · Engineering · Housing Market and Economics · Insurance and Financial Risk Management
Automatic Time Series Forecasting
Postwar U.S. Business Cycles
Transition Modeling and Econometric Convergence Tests
Testing for overall and cluster convergence of housing rents using robust methodology
The private rental housing market before and during the Covid-19 pandemic
Is the impact of Covid-19 on housing construction activity inside and outside a large city evident? The example of Łódź (Poland)
Post-pandemic lifestyle changes and their interaction with resident behavior in housing and neighborhoods
Pre and post-financial crisis convergence of metropolitan housing markets in Poland
Analysis of the filtering process and the ripple effect on the primary and secondary housing market in Warsaw, Poland
The disturbance of urban mobility in the context of Covid-19 pandemic
Regional financialisation and financial systems convergence
| Unique citing works | 1 |
|---|---|
| Citations per year | 1 |
| Citation span | 2025 - 2025 (1) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 1 |