The Effect of the Syrian Refugee Crisis on Rental Prices in Lebanon
(2019) NEKH02 20191Department of Economics
- Abstract
- The massive inflow of Syrian refugees in 2011 led to Lebanon becoming the country with the
highest density of refugees worldwide. This thesis analyses the effect of the Syrian refugee
inflow on rental prices in Lebanon. Data was gathered from four different municipalities in the
area of Beirut and Mount Lebanon: Beirut, Bourj Hammoud, Jal-El-Dib and Jounieh. The data
provides for the years 2007 to 2015. As the data analysis method, the difference-in-difference
regression was employed. The results show strong evidence for an increase between 8-25% of
rental prices generated by the inflow of the refugees. The inelastic demand, ´no camp´ policy
and pre-existence of refugees in the municipalities are argued to be possible explanations... (More) - The massive inflow of Syrian refugees in 2011 led to Lebanon becoming the country with the
highest density of refugees worldwide. This thesis analyses the effect of the Syrian refugee
inflow on rental prices in Lebanon. Data was gathered from four different municipalities in the
area of Beirut and Mount Lebanon: Beirut, Bourj Hammoud, Jal-El-Dib and Jounieh. The data
provides for the years 2007 to 2015. As the data analysis method, the difference-in-difference
regression was employed. The results show strong evidence for an increase between 8-25% of
rental prices generated by the inflow of the refugees. The inelastic demand, ´no camp´ policy
and pre-existence of refugees in the municipalities are argued to be possible explanations to
the large increase. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8993523
- author
- Panossian, Chanel LU
- supervisor
-
- Klas Fregert LU
- organization
- course
- NEKH02 20191
- year
- 2019
- type
- M2 - Bachelor Degree
- subject
- keywords
- Syrian refugees, housing rents, difference-in-difference, Lebanon
- language
- English
- id
- 8993523
- date added to LUP
- 2019-10-25 09:06:54
- date last changed
- 2019-10-25 09:06:54
@misc{8993523, abstract = {{The massive inflow of Syrian refugees in 2011 led to Lebanon becoming the country with the highest density of refugees worldwide. This thesis analyses the effect of the Syrian refugee inflow on rental prices in Lebanon. Data was gathered from four different municipalities in the area of Beirut and Mount Lebanon: Beirut, Bourj Hammoud, Jal-El-Dib and Jounieh. The data provides for the years 2007 to 2015. As the data analysis method, the difference-in-difference regression was employed. The results show strong evidence for an increase between 8-25% of rental prices generated by the inflow of the refugees. The inelastic demand, ´no camp´ policy and pre-existence of refugees in the municipalities are argued to be possible explanations to the large increase.}}, author = {{Panossian, Chanel}}, language = {{eng}}, note = {{Student Paper}}, title = {{The Effect of the Syrian Refugee Crisis on Rental Prices in Lebanon}}, year = {{2019}}, }