Price volatility of commercial and residential property

被引：15
|
作者：
Kwong, SKS [1 ]
Leung, CKY [1 ]
机构：
[1] Chinese Univ Hong Kong, Dept Econ, Shatin, Hong Kong, Peoples R China
来源：
JOURNAL OF REAL ESTATE FINANCE AND ECONOMICS | 2000年 / 20卷 / 01期
关键词：
D O I：
10.1023/A:1007875704572
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This article studies the relative volatility of commercial and residential property prices. Empirical evidence of commercial property prices being more volatile than the prices of residential property is presented. Models are built following that of Lucas. Theoretical statements are derived to show the exact conditions under which the observations arise. The cases of fixed supply and flexible supply are considered separately.
引用
收藏
页码：25 / 36
页数：12
相关论文
共 50 条
  • [41] Fish Price Volatility
    Dahl, Roy Endre
    Oglend, Atle
    [J]. MARINE RESOURCE ECONOMICS, 2014, 29 (04) : 305 - 322
  • [42] Managing price volatility
    Kenyon, EG
    [J]. CONFERENCE PROCEEDINGS AT ANTEC '98: PLASTICS ON MY MIND, VOLS I-3: VOL I; PROCESSING, VOL II; SPECIAL AREAS, VOL III; MATERIALS, 1998, 44 : 2778 - 2782
  • [43] Dealing with price volatility
    Braun, Fabian
    Moxon, Christopher
    [J]. CHEMISTRY & INDUSTRY, 2010, (20) : 22 - 24
  • [44] Food price volatility
    Gilbert, C. L.
    Morgan, C. W.
    [J]. PHILOSOPHICAL TRANSACTIONS OF THE ROYAL SOCIETY B-BIOLOGICAL SCIENCES, 2010, 365 (1554) : 3023 - 3034
  • [45] The Relationship between Housing Price and Rent of Chinese Residential and Nonresidential Property Market
    Du Hongyan
    Ma Yongkai
    [J]. PROCEEDINGS OF 2008 INTERNATIONAL CONFERENCE ON CONSTRUCTION & REAL ESTATE MANAGEMENT, VOLS 1 AND 2, 2008, : 1368 - 1371
  • [46] Housing price dynamics on residential construction: A case study of the Australian property sector
    Ma, Le
    Liu, Henry J.
    Edwards, David J.
    Sing, Michael C. P.
    [J]. STRUCTURAL CHANGE AND ECONOMIC DYNAMICS, 2021, 59 : 525 - 532
  • [47] The impact of urban spatial structure and rail transit on residential property price in Shanghai
    Pan Haixiao
    Li Wei
    [J]. URBAN MOBILITY - SHAPING THE FUTURE TOGETHER, 2019, 41 : 229 - 230
  • [48] Residential property price differentials of waste plants: evidence from Beijing, China
    Mei, Yingdan
    Gao, Li
    Zhang, Peiyuan
    [J]. APPLIED ECONOMICS, 2019, 51 (55) : 5952 - 5960
  • [49] Regional Impact of Urban Rail Transit Network Accessibility on Residential Property Price
    Wu, Qiannan
    [J]. ICRT 2021: PROCEEDINGS OF THE SECOND INTERNATIONAL CONFERENCE ON RAIL TRANSPORTATION, 2022, : 525 - 536
  • [50] Effect of green labelling on residential property price: a case study in Hong Kong
    Jayantha, Wadu Mesthrige
    Man, Wan Sze
    [J]. JOURNAL OF FACILITIES MANAGEMENT, 2013, 11 (01) : 31 - +
12345