Land Prices and Fundamentals

Preprint OPEN
Koji Nakamura; Yumi Saita;
(2007)
  • Subject: weighted-average land price indicators; discounted present value of land; cointegration analysis; error-correction model
    • jel: jel:C32 | jel:E39

This paper examines the long-term relationship between macro economic fundamentals and the weighted-average land price indicators, which are supposed to be more appropriate than the official land price indicators when analyzing their impacts on the macro economy. In man... View more
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