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Article
Publication date: 9 May 2018

Debarpita Roy

This paper aims to understand housing demand of urban Indian households in terms of housing and household-level characteristics. Because a house is a bundle of certain…

Abstract

Purpose

This paper aims to understand housing demand of urban Indian households in terms of housing and household-level characteristics. Because a house is a bundle of certain characteristics which vary across houses, each characteristic has an implicit price. Finding this implicit price for certain important characteristics is the first objective of this study. The second objective of the paper is to compute the income elasticity and price elasticity of housing demand for these cities.

Design/methodology/approach

To achieve comparable estimates, household-level data from India’s National Sample Survey Organisation housing surveys for the years 2002 and 2008-2009 have been used. A hedonic price function is estimated using ordinary least squares (OLS) and Box-Cox functional forms to estimate the implicit prices of housing characteristics. This exercise is attempted for owned and rented houses separately. Demand function required for computing the elasticities, uses the hedonic price index derived from the implicit prices and household characteristics.

Findings

The study finds housing demand to be income elastic and price inelastic for the six cities across both the time periods.

Originality/value

Firstly, this study includes housing characteristics such as individual access to drinking water, modern sanitation facility, separate kitchen, condition of the structure, existence of a road with street light and whether the house is in a slum or non-slum area in the hedonic price function. These variables were not used in any of the earlier studies pertaining to India. Secondly, it uses the Box-Cox non-linear form to derive the hedonic price function, a specification not used earlier. Thirdly, this is the first study analysing housing demand across the six largest Indian cities.

Details

International Journal of Housing Markets and Analysis, vol. 13 no. 1
Type: Research Article
ISSN: 1753-8270

Keywords

Book part
Publication date: 14 August 2023

Sumana Bandyopadhyay, Chinmoyee Mallik and Utpal Roy

The Sundarbans is a unique ecosystem, the most expansive mangrove system in the world covering the Ganga–Brahmaputra–Meghna delta system and spread over 10,000 sq.km across India…

Abstract

The Sundarbans is a unique ecosystem, the most expansive mangrove system in the world covering the Ganga–Brahmaputra–Meghna delta system and spread over 10,000 sq.km across India and Bangladesh. The Indian Sundarbans have been witnessed to large-scale conversion of mangroves to settled agriculture and steady growth of population over the decades. With time, while population growth has taken place, there has been no significant change in the development scenario, as the agriculture and fishing dependent communities have remained trapped in the vicious cycle of poverty. Its deltaic location and its position in the path of cyclones, tidal surges and seasonal floods have made the people and landscape of Sundarbans more vulnerable than ever before. Cyclones affecting this region have grown both in frequency and intensity over the years and have caused devastation to the land, homes, lives and livelihoods. The problem of salinity has also affected the region relentlessly. Given this scenario, scenario of progressing vulnerabilities, livelihood losses have led to a gradual increase in out-migration of the adult male population. This disaster-led outmigration from Sundarban region as a whole has affected the social fabric of displaced communities to a great extent. This chapter makes an attempt to discuss results of sample surveys across six villages in three CD Blocks of Sagar, Gosaba and Kultali to trace the nature and dimension of the migration patterns of the region.

Details

International Migration, COVID-19, and Environmental Sustainability
Type: Book
ISBN: 978-1-80262-536-3

Keywords

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