IDEAS home Printed from https://ideas.repec.org/a/hur/ijarbs/v4y2014i5p124-139.html
   My bibliography  Save this article

Performance Assessment of PAK Policy in the Process of Housing Supply in Iran (Case Study: Isfahan province, 1992-2012)

Author

Listed:
  • Majid Sameti
  • Salman Gharakhani
  • Najme Esmaeel Darjani
  • Somayeh Shirzad Kenary

Abstract

PAK policy is one of the important policies that has been adopted in housing market during the two recent decades. It mainly focuses on saving, development and downsizing. Now given that housing can be considered both as a capital and an expendable property and it has unique characteristics such as heterogeneity, durability and spatial stability, the present paper investigated how this policy-making is effective on housing supply considering the above characteristics and by means of Lucas supply function. The results revealed that this policy cannot have the required efficiency in this sector despite high saving of households and decreased floor area of residential units. This is while housing supply has not been influenced by investment of the private sector and financial credits.

Suggested Citation

  • Majid Sameti & Salman Gharakhani & Najme Esmaeel Darjani & Somayeh Shirzad Kenary, 2014. "Performance Assessment of PAK Policy in the Process of Housing Supply in Iran (Case Study: Isfahan province, 1992-2012)," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 4(5), pages 124-139, May.
    • Handle: RePEc:hur:ijarbs:v:4:y:2014:i:5:p:124-139
    as

    Download full text from publisher

    File URL: http://hrmars.com/hrmars_papers/Performance_Assessment_of_PAK_Policy_in_the_Process_of_Housing_Supply_in_Iran.pdf
    Download Restriction: no
    File URL: http://hrmars.com/hrmars_papers/Performance_Assessment_of_PAK_Policy_in_the_Process_of_Housing_Supply_in_Iran.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    PAK policy; Housing Supply; Heterogenity; Housing Investment; Opportunity Cost;
    All these keywords.

    JEL classification:

    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hur:ijarbs:v:4:y:2014:i:5:p:124-139. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Hassan Danial Aslam (email available below). General contact details of provider: http://hrmars.com/index.php/pages/detail/IJARBSS .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.