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Public houses and house prices in Great Britain: a panel analysis

Public houses and house prices in Great Britain: a panel analysis

Cabras, Ignazio, Sohns, Franziska ORCID: 0000-0002-5641-7433 , Canduela, Jesus and Toms, Steve (2020) Public houses and house prices in Great Britain: a panel analysis. European Planning Studies, 29 (1). pp. 163-180. ISSN 0965-4313 (Print), 1469-5944 (Online) (doi:https://doi.org/10.1080/09654313.2020.1726294)

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Abstract

This paper examines the relationship between public houses or ‘pubs’ and house prices in Great Britain. Using a unique dataset, comprising statistical indicators for 373 local authorities registered between 2005 and 2015, the authors investigate this relationship from a panel data perspective. The analysis identifies a strong positive association between an increase in the number of pubs and house prices, showing different patterns with regard to pubs located in urban, suburban and rural areas. Results offer an original contribution to the literature related to the economic value of pubs as important third places in Great Britain, providing the basis for potential policy choices aimed at supporting community investment.

Item Type: Article
Additional Information: © 2020 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group. This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited, and is not altered, transformed, or built upon in any way.
Uncontrolled Keywords: Public houses, third places, house prices, Great Britain
Subjects: H Social Sciences > HB Economic Theory
Faculty / School / Research Centre / Research Group: Faculty of Business
Faculty of Business > Department of International Business & Economics
Last Modified: 20 Aug 2021 08:32
URI: http://gala.gre.ac.uk/id/eprint/26939

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