Spatial Dependence in International Office Markets

This paper investigates spatial dependence in the prices of office buildings in Hong Kong, London, Los Angeles, New York City, Paris, and Tokyo for 2007 to 2013. Compared to prior literature, we find low economic impact from spatial dependence in all six markets, and spatial and spatial-temporal dep...

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Bibliographic Details
Main Authors: Eichholtz, Piet M. A., Rodrigues, Paulo J. M., Chegut, Andrea Marie
Other Authors: Massachusetts Institute of Technology. Center for Real Estate
Format: Article
Language:English
Published: Springer US 2016
Online Access:http://hdl.handle.net/1721.1/103609
https://orcid.org/0000-0002-4377-2321