Alyousha, Ahmed; Tsoukis, Christopher - In: Applied Economics Letters 5 (1998) 5, pp. 325-328
This letter tests the relevance of the Ricardian interpretation of the causal relationship between rent and corn price for the English housing market, by testing for strong exogeneity between house and land prices. The results are mixed. On the one hand they support the weak exogeneity of house...