IDEAS home Printed from https://ideas.repec.org/p/arz/wpaper/eres2005_114.html
   My bibliography  Save this paper

The Importance of Industrial Structure in Regional Property Market Analysis

Author

Listed:
  • Michael Ball
  • Michael White

Abstract

This paper seeks to examine the changes in regional commercial property markets over the last 30 years. This period has seen substantial change in industrial structure as comparative advantage has shifted internationally. User requirements reflecting these changes have redefined office, retail and industrial property sectors. These changes are regionally differentiated and have been superimposed on property and economic cycles. While previous research has focussed on analysing shocks affecting the commercial property market, this research will examine the interaction of the above factors and develop a theoretical model upon which to analyse the impact of structural change on regional property market behaviour. Specifically, the research will consider the impact of structural change on convergence in regional property market behaviour, the relative stability of regional property markets and the role of agglomeration economies. It will also consider the relationship between agglomeration, convergence, relative stability and structural change. The paper argues that a more general theory is required to understand regional property market behaviour.

Suggested Citation

  • Michael Ball & Michael White, 2005. "The Importance of Industrial Structure in Regional Property Market Analysis," ERES eres2005_114, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2005_114
    as

    Download full text from publisher

    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2005-114
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arz:wpaper:eres2005_114. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/eressea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.