کد مقاله کد نشریه سال انتشار مقاله انگلیسی ترجمه فارسی نسخه تمام متن
93275 160118 2013 6 صفحه PDF سفارش دهید دانلود کنید
عنوان انگلیسی مقاله ISI
Examining structural changes in Asian offices market
ترجمه فارسی عنوان
بررسی تغییرات ساختاری در بازار ادارات آسیا
کلمات کلیدی
تغییر ساختاری؛ بازار املاک و مستغلات ؛ حوادث اقتصادی مسکن؛ آنالیز موجک؛
موضوعات مرتبط
علوم زیستی و بیوفناوری علوم کشاورزی و بیولوژیک جنگلداری
چکیده انگلیسی

It is complicated to measure the effects of various economic events on office markets within a non-parameter modeling framework. In response to this issue, a non-parametric statistical method-wavelet analysis is introduced in this study. Based on this innovative technique, we not only could detect the abrupt change points with a comparatively small data sample, but also could evaluate the impact from the abrupt change points by reconstructing the wavelet coefficient/de-noising the raw data, which had never been considered in previous studies of office markets. Our empirical results suggest that the wavelet reconstruction method, to some extent, makes it easier for the detection of the existence of structural change points. More interestingly, our findings also indicate that free market economies (i.e. Hong Kong and Singapore) are mainly influenced by the effects of global events, whereas the actual (net) impact on socialist economies (i.e. Beijing and Shanghai), depends on both the openness of the economies, and the magnitude of counter domestic forces put in place.


► A non-parametric wavelet analysis is introduced for studying Asian office markets.
► With this technique, the abrupt change points can be detected with small sample.
► It also could evaluate their impact by reconstructing the wavelet coefficient.
► Factors influencing free market economies and socialist economies differ.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Land Use Policy - Volume 32, May 2013, Pages 375–380
نویسندگان
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