Depreciation and its Impact on the Total Return of UK Commercial Real Estate, 1994-2003
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Jorgenson, Dale W, 1996.
"Empirical Studies of Depreciation,"
Economic Inquiry, Western Economic Association International, vol. 34(1), pages 24-42, January.
- Jorgenson, D.W., 1994. "Empirical Studies of Depriciation," Harvard Institute of Economic Research Working Papers 1704, Harvard - Institute of Economic Research.
- Foort Hamelink & Martin Hoesli, 2004.
"Maximum drawdown and the allocation to real estate,"
Journal of Property Research, Taylor & Francis Journals, vol. 21(1), pages 5-29, January.
- Foort HAMELINK & Martin HOESLI, 2003. "Maximum Drawdown and the Allocation to Real Estate," FAME Research Paper Series rp87, International Center for Financial Asset Management and Engineering.
- Hulten, Charles R & Wykoff, Frank C, 1996. "Issues in the Measurement of Economic Depreciation: Introductory Remarks," Economic Inquiry, Western Economic Association International, vol. 34(1), pages 10-23, January.
- Hulten, Charles R. & Wykoff, Frank C., 1981. "The estimation of economic depreciation using vintage asset prices : An application of the Box-Cox power transformation," Journal of Econometrics, Elsevier, vol. 15(3), pages 367-396, April.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Kevin Muldoon-Smith & Paul Greenhalgh, 2017. "Situations Vacant: A Conceptual Framework for Commercial Real Estate Vacancy," ERES eres2017_341, European Real Estate Society (ERES).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- W. Erwin Diewert, 2003. "Measuring Capital," NBER Working Papers 9526, National Bureau of Economic Research, Inc.
- Arvid Raknerud & Dag Rønningen & Terje Skjerpen, 2007. "A Method for Improved Capital Measurement by Combining Accounts and Firm Investment Data. A revised version," Discussion Papers 365, Statistics Norway, Research Department.
- Nicholas Oulton & Sylaja Srinivasan, 2003. "Capital stocks, capital services, and depreciation: an integrated framework," Bank of England working papers 192, Bank of England.
- Iqbal A. Syed & Jan De Haan, 2017.
"Age, Time, Vintage, And Price Indexes: Measuring The Depreciation Pattern Of Houses,"
Economic Inquiry, Western Economic Association International, vol. 55(1), pages 580-600, January.
- Iqbal Syed & Jan de Haan, 2016. "Age, Time, Vintage, and Price Indexes: Measuring the Depreciation Pattern of Houses," Discussion Papers 2016-01, School of Economics, The University of New South Wales.
- Nicholas Oulton, 2002.
"ICT and Productivity Growth in the United Kingdom,"
Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 18(3), pages 363-379.
- Nicholas Oulton, 2001. "ICT and productivity growth in the United Kingdom," Bank of England working papers 140, Bank of England.
- Andersen, Matthew A. & Alston, Julian M. & Pardey, Philip G., 2009. "Capital Service Flows: Concepts and Comparisons of Alternative Measures in U.S. Agriculture," Staff Papers 50098, University of Minnesota, Department of Applied Economics.
- Adelina Gschwandtner & Val E. Lambson, 2009. "Sunk Entry Costs, Sunk Depreciation costs, and Industry Dynamics," Vienna Economics Papers 0902, University of Vienna, Department of Economics.
- Kaliczka, Nándor, 2012. "A tartós eszközök értékcsökkenési mintájának empirikus becslése [Empirical estimation of the depreciation pattern of durable assets]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(3), pages 285-310.
- Adelina Gschwandtner & Val E. Lambson, 2009. "Sunk Entry Costs, Sunk Depreciation costs, and Industry Dynamics," Vienna Economics Papers vie0902, University of Vienna, Department of Economics.
- Karl Whelan, 2002.
"Computers, Obsolescence, And Productivity,"
The Review of Economics and Statistics, MIT Press, vol. 84(3), pages 445-461, August.
- Karl Whelan, 2000. "Computers, obsolescence, and productivity," Finance and Economics Discussion Series 2000-06, Board of Governors of the Federal Reserve System (U.S.).
- Karl Whelan, 2000. "Computers, obsolescence, and productivity," Open Access publications 10197/244, School of Economics, University College Dublin.
- Karl Whelan, 2002. "Computers, obsolescence, and productivity," Open Access publications 10197/204, School of Economics, University College Dublin.
- Alan Sage & Mike Langen & Alex van de Minne, 2023. "Where is the opportunity in opportunity zones?," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 51(2), pages 338-371, March.
- Whelan, Karl, 2007.
"Embodiment, productivity, and the age distribution of capital,"
Journal of Macroeconomics, Elsevier, vol. 29(4), pages 724-740, December.
- Karl Whelan, 2003. "Embodiment, productivity, and the age distribution of capital," Open Access publications 10197/240, School of Economics, University College Dublin.
- Whelan, Karl, 2003. "Embodiment, Productivity, and the Age Distribution of Capital," Research Technical Papers 4/RT/03, Central Bank of Ireland.
- Whelan, Karl, 2005. "Embodiment, Productivity, and the Age Distribution of Capital," MPRA Paper 5912, University Library of Munich, Germany.
- Tim McClurg & Suresh Chand, 2002. "A parallel machine replacement model," Naval Research Logistics (NRL), John Wiley & Sons, vol. 49(3), pages 275-287, April.
- Fullerton Don & West Sarah E, 2010.
"Tax and Subsidy Combinations for the Control of Car Pollution,"
The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-33, February.
- Don Fullerton & Sarah West, 2000. "Tax and Subsidy Combinations for the Control of Car Pollution," NBER Working Papers 7774, National Bureau of Economic Research, Inc.
- Francisco-Javier Escribá-Pérez & María-José Murgui-García & José-Ramón Ruiz-Tamarit, 2022. "The devil is in the details: Capital stock estimation and aggregate productivity growth—An application to the Spanish economy," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 21(1), pages 31-50, January.
- W. Erwin Diewert & Alice O. Nakamura, 2009.
"Accounting for housing in a CPI,"
Working Papers
09-4, Federal Reserve Bank of Philadelphia.
- Diewert, Erwin & Nakamura, Alice O., 2009. "Accounting for Housing in a CPI," Economics working papers erwin_diewert-2009-19, Vancouver School of Economics, revised 12 Mar 2009.
- Ye Feng & Don Fullerton & Li Gan, 2013.
"Vehicle choices, miles driven, and pollution policies,"
Journal of Regulatory Economics, Springer, vol. 44(1), pages 4-29, August.
- Ye Feng & Don Fullerton & Li Gan, 2005. "Vehicle Choices, Miles Driven, and Pollution Policies," NBER Working Papers 11553, National Bureau of Economic Research, Inc.
- Vander Donckt, Marie & Chan, Philip & Silvestrini, Andrea, 2021. "A new global database on agriculture investment and capital stock," Food Policy, Elsevier, vol. 100(C).
- Maxim Moroz, 2016. "Economical Type of Depreciation," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 3-32.
- Albonico, Alice & Kalyvitis, Sarantis & Pappa, Evi, 2014.
"Capital maintenance and depreciation over the business cycle,"
Journal of Economic Dynamics and Control, Elsevier, vol. 39(C), pages 273-286.
- Alice Albonico & Sarantis Kalyvitis & Evi Pappa, 2013. "Capital Maintenance and Depreciation over the Business Cycle," DEOS Working Papers 1326, Athens University of Economics and Business.
More about this item
Keywords
Real Estate; Depreciation; Commercial Real Estate; Returns;All these keywords.
Statistics
Access and download statisticsCorrections
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:rdg:repxwp:rep-wp2006-05. 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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Marie Pearson (email available below). General contact details of provider: https://edirc.repec.org/data/bsrdguk.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.