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(Article of periodic en Anglais - 1997)

Document title

An ordo-liberal perspective on land problems in Korea

Authors(s) and Affiliation(s)

LEE J.S. (1) ;
(1) Dep. of economics, Soongsil Univ., Seoul, COREE, REPUBLIQUE DE

Abstract

An econometric test concludes that land markets in Korea have partly been driven by speculative bubbles. The A. argues that bubbles are cyclically formed and are persistent due to structural differences in the rate of return between land and financial assets. Fundamental reform is necessary to reduce the bubble element in Korean land prices

Source

Article of periodic

published at : Urban studies / ISSN 0042-0980

Editor : Longman Group, Harlow - ROYAUME-UNI (1964)

Millesime : 1997, vol. 34, no7 [pp. 1071-1084]

Bibliographic references : 17 ref.

Collation : Illustration ;

Language

Anglais

Localisation

Laboratoire INTERGEO - Paris

Tous droits réservés © Prodig - Bibliographie Géographique Internationale (BGI), 1997.
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