An ARDL model of the demand for housing in Barbados : some considerations for small island economies
- [St. Augustine]TT [Caribbean Centre for Money & Finance] 2006
- 37 p.
Provides empirical estimates for the demand for new housing in Barbados using time series data for the period 1965-2004. Employs an Autoregressive Distributed Lag (ARDL) modelling process to capture the effect of prices, income, interest rates and demographic factors on demand.