Urban house prices and investments in small and medium-sized industrial firms: Evidence from provinces of Iran

被引：11

作者：

Gholipour, Hassan F. ^{[1
]}

机构：

[1] Swinburne Univ Technol, Hawthorn, Vic, Australia

来源：

URBAN STUDIES | 2020年 / 57卷 / 16期

关键词：

house prices; industrial firms; Iran; SMEs; urban adults; DUTCH DISEASE; UNIT ROOTS; ENTREPRENEURSHIP; DETERMINANTS; INFERENCE; WEALTH;

D O I：

10.1177/0042098019897887

中图分类号：

X [环境科学、安全科学];

学科分类号：

08 ; 0830 ;

摘要：

Using data from provinces of Iran from 2005 to 2016 and applying panel cointegrating regressions, I find that increases in real house prices have a negative and statistically significant effect on investments in small and medium-sized industrial firms. There are at least three possible mechanisms through which increases in house prices adversely affect industrial entrepreneurship. They (1) generate housing construction investment opportunities with high returns, (2) attract many urban adults with tertiary education to the real estate brokerage industry, and (3) encourage people to save more to buy houses (which is one of the prerequisites for marriage in Iran).

引用

页码：3347 / 3362

页数：16

共 50 条

[31] Sustainability Drivers of Small and Medium-Sized Firms: A Review and Research Agenda [J].

Korsakiene, Renata ;

Raisiene, Agota Giedre .

SCIENTIFIC PAPERS OF THE UNIVERSITY OF PARDUBICE-SERIES D-FACULTY OF ECONOMICS AND ADMINISTRATION, 2022, 30 (03)

[32] Formal vs. Informal CSR Strategies: Evidence from Italian Micro, Small, Medium-sized, and Large Firms [J].

Russo, Angeloantonio ;

Tencati, Antonio .

JOURNAL OF BUSINESS ETHICS, 2009, 85 :339-353

[33] Growth determinants of small- and medium-sized fitness enterprises: empirical evidence from Portugal [J].

de Carvalho, Pedro Guedes ;

Nunes, Paulo Macas ;

Serrasqueiro, Zelia .

EUROPEAN SPORT MANAGEMENT QUARTERLY, 2013, 13 (04) :428-449

[34] Export Strategies and Performance of Small and Medium-sized Enterprises: Evidence from Korean Manufacturing SMEs [J].

Lee, Seong-Bong ;

Kotabe, Masaaki ;

Yoon, Albert H. ;

Kwon, Ki-Hwan .

JOURNAL OF KOREA TRADE, 2013, 17 (01) :1-24

[35] Firm agglomeration and innovation: evidence from small and medium-sized enterprises in Vietnam [J].

Thanh, Pham Tien ;

Tran, Cong Duc ;

Tung, Le Thanh .

INTERNATIONAL JOURNAL OF INNOVATION SCIENCE, 2025,

[36] National Culture and Profit Reinvestment: Evidence from Small and Medium-Sized Enterprises [J].

El Ghoul, Sadok ;

Guedhami, Omrane ;

Kwok, Chuck ;

Shao, Liang .

FINANCIAL MANAGEMENT, 2016, 45 (01) :37-65

[37] Analysis of the Competitive Intelligence Activities of Small and Medium-Sized Enterprises from the Industrial Sector [J].

Luisa Cantonnet, Maria ;

Carlos Aldasoro, Juan ;

Cilleruelo, Ernesto .

HUMAN FACTORS AND ERGONOMICS IN MANUFACTURING & SERVICE INDUSTRIES, 2015, 25 (06) :646-658

[38] Drought and Property Prices: Empirical Evidence from Provinces of Iran [J].

Mohammad Reza Farzanegan ;

Mehdi Feizi ;

Hassan F. Gholipour .

Economics of Disasters and Climate Change, 2021, 5 (2) :203-221

[39] What drives the export performance of small and medium-sized subcontracting firms? A study of Korean manufacturers [J].

Kim, Jae-jin ;

Hemmert, Martin .

INTERNATIONAL BUSINESS REVIEW, 2016, 25 (02) :511-521

[40] Business model innovation and digital technology: The perspective of incumbent Italian small and medium-sized firms [J].

Sabatini, Andrea ;

Cucculelli, Marco ;

Gregori, Gian Luca .

ENTREPRENEURIAL BUSINESS AND ECONOMICS REVIEW, 2022, 10 (03) :23-35

← 1 2 3 4 5 →