Boers, J. A. (2017) The impact of foreign direct investment in real estate on property prices and economic growth. Bachelor thesis.
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Abstract
There has been a growing importance of foreign direct investment (FDI) in the real estate market. It has been argued that these investments may improve economic growth, but it could also be a driver of increasing property prices. The purpose of this research is to examine the relationship between foreign direct investments in the real estate market, the property prices and economic growth. Furthermore, the effect of the global financial crisis of 2008 on these variables is reviewed. The dataset consists of 9 OECD-countries from the beginning of the 1990’s until the most recent available data. The most important findings are that there is evidence that FDI may lead to higher property prices in some countries and that higher property prices are a positive determinant of FDI in real estate in 4 out of the 9 countries. Lastly, FDI in real estate may have a decreasing effect on economic output.
| Item Type: | Thesis (Bachelor) |
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| Degree programme: | Human Geography and Planning |
| Supervisor: | Liu, X. |
| Date Deposited: | 23 Apr 2020 05:11 |
| Last Modified: | 23 Apr 2020 05:11 |
| URI: | https://frw.studenttheses.ub.rug.nl/id/eprint/17 |
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