Climate policy uncertainty and its impact on real estate market dynamics: A sectoral and regional analysis

被引:0
|
作者
Cho, Chulyoung [1 ]
Yang, Jinseok [1 ]
Jang, Beakcheol [1 ]
机构
[1] Yonsei Univ, Grad Sch Informat, Seoul, South Korea
来源
PLOS ONE | 2024年 / 19卷 / 10期
关键词
ACCURACY; SAMPLE;
D O I
10.1371/journal.pone.0311688
中图分类号
O [数理科学和化学]; P [天文学、地球科学]; Q [生物科学]; N [自然科学总论];
学科分类号
07 ; 0710 ; 09 ;
摘要
This study explores the impact of Climate Policy Uncertainty (CPU) on real estate market volatility, utilizing the CPU index to assess how climate policy affects various real estate segments. It highlights the significant impact of CPU on sectors with high energy demand and emissions, such as industrial and residential. A multi-horizon analysis reveals the long-term sensitivity of CPU's influence, with significant sensitivity noted in coastal regions prone to climate risks. The findings provide crucial insights for investors and policymakers, emphasizing the importance of integrating CPU considerations into strategic decision-making for real estate investment.
引用
收藏
页数:15
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