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The Influence of Socioeconomic Conditions on the U.S. Internet Office Market

Author

Listed:
  • Sofia Dermisi

    (Roosevelt Universiy)

Abstract

This paper focuses on the Internet, as a resource in the fulfillment of companies' needs to lease or buy office space in the U.S. A measure of this Internet use is introduced by two indexes considering the companies' preferences and the office stock in U.S. states and cities. The results indicate that the Internet is utilized more for leasing than for selling office properties. Moreover, relationships are defined between the introduced indexes and local socioeconomic characteristics. Economic variables such as employment, Finance Insurance & Real Estate and high tech employment, firm size, and income have significant effect on the Internet office leases and sales.

Suggested Citation

  • Sofia Dermisi, 2005. "The Influence of Socioeconomic Conditions on the U.S. Internet Office Market," Urban/Regional 0509002, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpur:0509002
    Note: Type of Document - pdf. Property Management, Vol. 22, No. 2, pp. 155-165, 2004
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/urb/papers/0509/0509002.pdf
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    More about this item

    JEL classification:

    • P - Political Economy and Comparative Economic Systems
    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
    • Z - Other Special Topics

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