Economics and Business Review

ISSN 2392-1641
e-ISSN 2450-0097

Poznań University of Economics - Poland

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Volume 12 Number 3 pp. 125-143

Dominika Zenka-Podlaszewska

Pozna&#
3

2

4
; University of Economics, Poland

Competitiveness and interest rates : the case of investing in new housing in Poland in 2002-2010

Abstract: The purpose of the paper is to examine the existence of a long-term relationship between interest rates on housing loans (mortgage rates) and investment in different forms of new housing in the years 2002-2010, along with competitiveness of those different forms of investing. This paper contains an empirical study using co-integration and impulse response analyses. A definition of competitiveness is introduced and discussed. The main trends in the number of newly completed housing units (broken down by type of investor) and interest rates in Poland are presented. Only competitive forms of investments have a long-term relationship with the interest rate in the Polish zlotys. (original abstract)
pub/2012_3_125.pdf Full text available in in Adobe Acrobat format:
http://www.ebr.edu.pl/volume12/issue3/2012_3_125.pdf
Keywords: Competitiveness, Interest rate, Housing, Investment, Konkurencyjność, Stopa procentowa, Mieszkalnictwo, Inwestycje

For citation:

MLA Zenka-Podlaszewska, Dominika. "Competitiveness and interest rates : the case of investing in new housing in Poland in 2002-2010." Economics and Business Review EBR 12.3 (): 125-143.
APA , (). Competitiveness and interest rates : the case of investing in new housing in Poland in 2002-2010. Economics and Business Review EBR 12(3), 125-143
ISO 690 ZENKA-PODLASZEWSKA, Dominika. Competitiveness and interest rates : the case of investing in new housing in Poland in 2002-2010. Economics and Business Review EBR, , 12.3: 125-143.