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2015, vol. 43, br. 2, str. 105-116
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Determinante cene stanova novogradnje u Srbiji
Price determinants of newly built dwellings in Serbia
Projekat: Organizacione i informacione podrške sistemu upravljanja kvalitetom kao ključnim faktorom povećanja konkurentnosti naših preduzeća i njihiovog bržeg izlaska na svetsko i EU tržište (MPNTR - 179001)
Sažetak
Rad analizira determinante cena stanova novogradnje u Srbiji na panel podacima iz 24 grada u periodu 2011-2014. Rezultati su pokazali da na cene stanova novogradnje prvenstveno utiču rast stanovništva i masa isplaćenih realnih zarada kao reprezent dohotka stanovništva, dok sa padom efektivne kamatne stope na stambene kredite raste cena stanova novogradnje. Ocene ostalih objašnjavajućih promenljivih, kao što su nivo razvijenosti gradova, geografska udaljenost od Beograda ili dinamika privredne aktivnosti merena kretanjem realnog BDP-a, uprkos očekivanom znaku, pokazale su se kao statistički nesignifikantne za cene stanova novogradnje.
Abstract
This paper analyses the determinants of newly built dwelling prices in Serbia in a panel of 24 cities over the period 2011-2014. Results suggest that dwelling prices primarily tend to rise with population growth and real total net wages as a proxy of household incomes, while declines in effective interest rate on housing loans are associated with higher dwelling prices. Additional explanatory variables, such as the level of development of observed cities, geographical distance from the capital, or real GDP dynamics in the country, despite the expected correlation, didn't have a statistically significant influence on the dependant variable.
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