The dynamic impact of unseasonable weather on construction activity

被引：11

作者：

Coulson, NE ^{[1
]}

Richard, C ^{[1
]}

机构：

[1] STATE & FED ASSOCIATES,ALEXANDRIA,VA 22314

来源：

REAL ESTATE ECONOMICS | 1996年 / 24卷 / 02期

关键词：

D O I：

10.1111/1540-6229.00686

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

We simulate the effects of unseasonable increases in temperature and precipitation on housing starts and completions in each of the four Census regions. Using an overidentified vector autoregression model the dynamics of housing starts and completions are estimated. The persistence of housing activity over time implies that weather shocks also have long-lasting effects, though the impact seems large only in the North Central region.

引用

页码：179 / 194

页数：16