The economic literature preserves the discussion about the role of housing construction in the economic life of regions and countries, whether housing investments can be activators of the territorial economic growth. This article gives the review of empiric studies on the role of housing investments for the economic growth under conditions of different economic systems. It has been determined that the main method used for the research of interconnection of GRP and housing investment is the Granger method that is the one of co-integral regression methods. Most of studies prove the multiplication effect of housing investments and their positive impact on the economic growth. At the same time, there are differences in the role and the place of economic investments in the economic growth of territories under conditions of different economic systems and on different stages of the economic cycle.
Tel : +7 495 649 6241
Fax : +7 800 3331538
E-mail : bgscience@idbg.ru
Address : RUSSIA, 101000, Moscow, Myasnitskaya st. 13-2
