2014
DOI: 10.9770/jesi.2014.1.3(5)
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Processes of economic development: case of Lithuanian real estate sector

Abstract: The enlargement of the EU has impacted development of housing market in Lithuania as well as in other Central and Eastern countries. The country was significantly influenced by favorable landing and expansion of private sector credit. Hence, Lithuania experienced the period of the financial and asset price boom, which was followed by economic downturn, and consequently, the burst of price bubble. This paper aims to reveal relationships among demand and supply side determinants and housing prices. Hence, the qu… Show more

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Cited by 11 publications
(9 citation statements)
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“…For every country, housing policy represents an important and constitutent part of its social policy and its strategy of maintaining personal security and suitable living standards for its citizens (Zavora and Chepurny, 2014;Korsakienė, Tvaronavičienė, 2014). Housing policy and security have considerable impact on the lifestyle and the living standards of general population (Włodarczyk, 2015).…”
Section: Introductionmentioning
confidence: 99%
“…For every country, housing policy represents an important and constitutent part of its social policy and its strategy of maintaining personal security and suitable living standards for its citizens (Zavora and Chepurny, 2014;Korsakienė, Tvaronavičienė, 2014). Housing policy and security have considerable impact on the lifestyle and the living standards of general population (Włodarczyk, 2015).…”
Section: Introductionmentioning
confidence: 99%
“…So, markets should follow a random walk in the short-term as stated by Malkiel (2003). Though these assumptions do not always reflect the real picture, since market participants in reality are affected by an array of factors, such as obvious structural changes of economy (Akhmadeev & Manakhov, 2015;Dezellus, Ferreira, Pereira, & Vasiliūnaitė, 2015;Dudzevičiūtė, Mačiulis, & Tvaronavičienė, 2014;Korsakienė & Tvaronavičienė, 2014;Oganisjana, Surikova, & Laizāns, 2015;Prause, 2015;Rezk, Ibrahim, Tvaronavičienė, Sakr, & Piccinetti, 2015;Shatrevich & Strautmane, 2015;Travkina & Tvaronavičienė, 2015;Tvaronavičienė & Černevičiūtė, 2015;Tvaronavičienė, Mačiulis, Lankauskienė, Raudeliūnienė, & Dzemyda, 2015;Wahl, 2015), economic growth mode, external and internal threats (Balitskiy, Bilan, & Strielkowski, 2014;Ignatavičius, Tvaronavičienė, & Piccinetti, 2015;Kalyugina, Strielkowski, Ushvitsky, & Astachova, 2015;Lankauskienė & Tvaronavičienė, 2012;Munteanu & Tamošiūnienė, 2015;Stasytytė, 2015), approaches towards innovations and decision-making patterns (Bistrova, Lace, & Tvaronavičienė, 2014;Čirjevskis, 2015;Dobele, Grinberga-Zalite, & Kelle, 2015;Lace, Natalja, & Rumbinaite, 2015;Mostenska & Bilan, 2015;Olaniyi & Reidolf, 2015;Rosha & Lace, 2015;Šimberová, Chvátalová, Kocmanová, Hornungová, & Pavláková Dočekalová, 2015;Slapikaitė, Tamošiūnienė, & Mackevičiūtė, 2015;Tvaronavičienė & Černevičiūtė, 2015;Tvaronavičie...…”
Section: Introductionmentioning
confidence: 99%
“…The role of public sector, as an element of entrepreneuship ecosystem, which creats increasingly better conditions for business development and facilitates sustainable development of any country, has been highlighted in a number of research articles (Bileišis 2014;Greblikaitė, Puškoriūtė 2014;Samoška 2011Samoška , 2013Korsakienė, Tvaronavičienė 2014;Giriūnienė 2013;Šimelytė, Antanavičienė 2013;De Alencar, Almeida 2013;Išoraitė 2013;Wahl, Prause 2013;Tvaronavičienė 2014;Prause, Hunke 2014;Caurkubule, Rubanovskis 2014;Garškaitė-Milvydienė 2014;Šabasevičienė, Grybaitė 2014;Raudeliūnienė et al 2014;Antanavičienė 2014;Vasiliūnaitė 2014;Mačiulis, Tvaronavičienė 2013;Tvaronavičienė et al 2014;Scaringelli 2014;Vosylius et al International Centre for Entrepreneurship Research 2013). In Lithuania, progress of small and medium enterprises (SMEs) is impeded by many environmental factors and conditions.…”
Section: Introductionmentioning
confidence: 99%