Immigration and Housing Rents in Canada: A Panel Data Analysis

Immigration and Housing Rents in Canada: A Panel Data Analysis
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加拿大的移民和住房租金:面板数据分析

DOI:
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发表时间:
2015
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影响因子:
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通讯作者:
E. Latif
E. Latif
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文献类型:
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作者:
E. Latif

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本研究利用1983年至2010年加拿大省级面板数据,考察了新移民对住房租金的影响。在其估计中,它利用计量经济学方法,如面板单位根,面板协整回归和面板向量误差校正模型。完全修正的普通最小二乘模型和动态普通最小二乘模型都表明,移民流动对住房租金有显著的长期正影响。面板向量误差修正模型分析表明,新移民对租金有短期和长期的因果影响。
This study examines the impact of new immigration on housing rent, using Canadian province-level panel data from 1983 to 2010. In its estimations, it utilises econometric methods such as panel unit roots, panel co-integration regressions and panel vector error correction models. Both fully-modified ordinary least squares and dynamic ordinary least squares models suggest that immigration flow has a significant positive impact on housing rent in the long run. The panel vector error correction model analysis suggests both short run and long run causal impacts of new immigration on rent.