An interdependence analysis of Australian house prices using variance decomposition

@article{Liu2009AnIA,
  title={An interdependence analysis of Australian house prices using variance decomposition},
  author={Chunlu Liu and Le Ma and Zhen Luo and David H. Picken},
  journal={International Journal of Housing Markets and Analysis},
  year={2009},
  volume={2},
  pages={218-232}
}
Purpose - The purpose of this paper is to analyse the interdependencies of the house price growth rates in Australian capital cities. Design/methodology/approach - A vector autoregression model and variance decomposition are introduced to estimate and interpret the interdependences among the growth rates of regional house prices in Australia. Findings - The results suggest the eight capital cities can be divided into three groups: Sydney and Melbourne; Canberra, Adelaide and Brisbane; and… 
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11 Citations
Background Citations
2
Methods Citations
5

11 Citations

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