Pregled bibliografske jedinice broj: 1214611
The COVID-19 pandemic effects on the housing market of the Central and Eastern Croatia
The COVID-19 pandemic effects on the housing market of the Central and Eastern Croatia // 11th International scientific symposium Region, Entrepreneurship, Development (RED 2022) / Leko Šimić, Mirna (ur.).
Osijek: Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku, 2022. str. 708-727 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)
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Naslov
The COVID-19 pandemic effects on the housing market
of the Central and Eastern Croatia
Autori
Slišković, Tamara ; Sekur, Tomislav ; Beg, Marija
Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni
Izvornik
11th International scientific symposium Region, Entrepreneurship, Development (RED 2022)
/ Leko Šimić, Mirna - Osijek : Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku, 2022, 708-727
Skup
11th International Scientific Symposium Region Entrepreneurship Development (RED 2022)
Mjesto i datum
Osijek, Hrvatska, 09.06.2022. - 11.06.2022
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
housing market ; housing prices ; Northern and Pannonian Croatia ; COVID-19 ; hedonic approach
Sažetak
The COVID-19 pandemic has brought numerous changes to the various segments of the economy. After the unexpected initial shock of the pandemic in Croatia and the consequent lockdown in March 2020, there were some “black” predictions that stable and positive trends in the housing market in Croatia will be reversed. However, the stable growth of the housing prices on the national market has continued in 2020, as well as in 2021. In this paper, we analyse housing market trends of Northern and Pannonian Croatia. This part of Croatia includes all continental counties but excludes the City of Zagreb. In our analysis, we use data which cover the period from 2010 to 2021. Using the hedonic modeling analytic frame, we are assessing the effects of the COVID-19 pandemic, but also of some other market shocks on housing prices and the volume of transactions in the observed part of Croatia. Through the calculation of the hedonic index of asked and realized housing prices, we conclude that the housing prices in Northern and Pannonian Croatia have increased in the recent period. Also, we did not find the evidence that the pandemic was statistically significant determinant of the housing price movements. However, the effect of the government's measure of subsidizing housing loans, which has been implemented in the last five observed years, could be assessed as statistically significant.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Projekti:
UIP-2017-05-6785 - Osnivanje i razvoj Centra za strukturno i nelinearno makroekonomsko modeliranje (MacroHub) (MACROHUB) (Globan, Tomislav, HRZZ - 2017-05) ( CroRIS)
Ustanove:
Ekonomski fakultet, Zagreb
