File Download

There are no files associated with this item.

  Links for fulltext
     (May Require Subscription)
  • Find via Find It@HKUL
Supplementary

Article: Are The Markets For Factories And Offices Integrated? Evidence From Hong Kong

TitleAre The Markets For Factories And Offices Integrated? Evidence From Hong Kong
Authors
Issue Date2006
PublisherAsian Real Estate Society, University of Hong Kong. The Journal's web site is located at http://www.umac.mo/fba/irer/index.htm
Citation
International Real Estate Review, 2006, v. 9 n. 1, p. 62-94 How to Cite?
AbstractDue to the relocation of manufacturing facilities from Hong Kong to Mainland China, it is widely believed that some vacant private factories have been used as offices in Hong Kong. Yet there is no direct and systematic evidence to support this speculation. In fact, according to MacGregor and Schwann (2003), industrial and commercial real estate shares some common features. Our research attempts to investigate empirically the price and volume relationship between industrial and commercial real estate, using both aggregate and disaggregate data from the industrial and commercial property markets in Hong Kong. The study was built on the observation that economic restructuring and geographical distance will affect the substitutability (and thus the correlation) of different types of property, and utilizes commonly used time series techniques for analysis. Policy implications are discussed.
Persistent Identifierhttp://hdl.handle.net/10722/81855
ISSN

 

DC FieldValueLanguage
dc.contributor.authorLeung, CKY-
dc.contributor.authorWei, P-
dc.contributor.authorWong, SK-
dc.date.accessioned2010-09-06T08:22:44Z-
dc.date.available2010-09-06T08:22:44Z-
dc.date.issued2006-
dc.identifier.citationInternational Real Estate Review, 2006, v. 9 n. 1, p. 62-94-
dc.identifier.issn1029-6131-
dc.identifier.urihttp://hdl.handle.net/10722/81855-
dc.description.abstractDue to the relocation of manufacturing facilities from Hong Kong to Mainland China, it is widely believed that some vacant private factories have been used as offices in Hong Kong. Yet there is no direct and systematic evidence to support this speculation. In fact, according to MacGregor and Schwann (2003), industrial and commercial real estate shares some common features. Our research attempts to investigate empirically the price and volume relationship between industrial and commercial real estate, using both aggregate and disaggregate data from the industrial and commercial property markets in Hong Kong. The study was built on the observation that economic restructuring and geographical distance will affect the substitutability (and thus the correlation) of different types of property, and utilizes commonly used time series techniques for analysis. Policy implications are discussed.-
dc.languageeng-
dc.publisherAsian Real Estate Society, University of Hong Kong. The Journal's web site is located at http://www.umac.mo/fba/irer/index.htm-
dc.relation.ispartofInternational Real Estate Review-
dc.titleAre The Markets For Factories And Offices Integrated? Evidence From Hong Kong-
dc.typeArticle-
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=1029-6131&volume=9&issue=1&spage=62&epage=94&date=2006&atitle=Are+The+Markets+For+Factories+And+Offices+Integrated?++Evidence+From+Hong+Kongen_HK
dc.identifier.emailWong, SK: skwongb@hkusua.hku.hk-
dc.identifier.authorityWong, SK=rp01028-
dc.identifier.hkuros118644-
dc.identifier.volume9-
dc.identifier.issue1-
dc.identifier.spage62-
dc.identifier.epage94-
dc.publisher.placeHong Kong-

Export via OAI-PMH Interface in XML Formats


OR


Export to Other Non-XML Formats