THE EFFECT OF TOURISM AGGLOMERATION ON FOREIGN REAL ESTATE INVESTMENT: EVIDENCE FROM SELECTED OECD COUNTRIES

被引：11
|
作者：
Fereidouni, Hassan Gholipour [1 ]
Masron, Tajul Ariffin [1 ]
机构：
[1] USM, Sch Management, George Town 11800, Malaysia
来源：
INTERNATIONAL JOURNAL OF STRATEGIC PROPERTY MANAGEMENT | 2011年 / 15卷 / 03期
关键词：
Tourism agglomeration; Foreign real estate investment; Infrastructure; Panel data; OECD;
D O I：
10.3846/1648715X.2011.613241
中图分类号：
C93 [管理学];
学科分类号：
12 ; 1201 ; 1202 ; 120202 ;
摘要：
The purpose of this study is to investigate the effect of tourism agglomeration on foreign real estate investment (FREI). Using a panel of 19 OECD countries over a period of 10 years (1999-2008) and controlling for some relevant factors, econometric analysis indicates that tourism agglomeration is a significant determinant of FREI. The result has some implications for policymakers in order to recover their real estate sectors which were hit in recent financial crisis.
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页码：222 / 230
页数：9
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