Modelling Foreign Real Estate Investment: The Spanish Case
Author
Abstract
Suggested Citation
DOI: 10.1007/s11146-008-9164-9
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- David L. Carr & James R. Markusen & Keith E. Maskus, 2021.
"Estimating The Knowledge-Capital Model of the Multinational Enterprise,"
World Scientific Book Chapters, in: BROADENING TRADE THEORY Incorporating Market Realities into Traditional Models, chapter 5, pages 95-110,
World Scientific Publishing Co. Pte. Ltd..
- David L. Carr & James R. Markusen & Keith E. Maskus, 2001. "Estimating the Knowledge-Capital Model of the Multinational Enterprise," American Economic Review, American Economic Association, vol. 91(3), pages 693-708, June.
- David L. Carr & James R. Markusen & Keith E. Maskus, 1998. "Estimating the Knowledge-Capital Model of the Multinational Enterprise," NBER Working Papers 6773, National Bureau of Economic Research, Inc.
- James R. Markusen, 2004.
"Multinational Firms and the Theory of International Trade,"
MIT Press Books,
The MIT Press,
edition 1, volume 1, number 0262633078, December.
- Markusen, James R., 2002. "Multinational Firms and the Theory of International Trade," MPRA Paper 8380, University Library of Munich, Germany.
- C.F. Sirmans & Elaine Worzala, 2003. "International Direct Real Estate Investment: A Review of the Literature," Urban Studies, Urban Studies Journal Limited, vol. 40(5-6), pages 1081-1114, May.
- Marisol Esteban & Amaia Altuzarra, 2008. "A model of the Spanish housing market," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 30(3), pages 353-373, April.
- Colin Lizieri & Patrick McAllister & Charles Ward, 2003.
"Continental Shift? An Analysis of Convergence Trends in European Real Estate Equities,"
Journal of Real Estate Research, American Real Estate Society, vol. 25(1), pages 1-22.
- Colin Lizieri & Patrick McAllister & Charles Ward, 2003. "Continental Shift? An Analysis of Convergence Trends in European Real Estate Equities," Journal of Real Estate Research, Taylor & Francis Journals, vol. 25(1), pages 1-22, January.
- Alan J. Ziobrowski & Brigitte J. Ziobrowski & Sidney Rosenberg, 1997. "Currency Swaps and International Real Estate Investment," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 25(2), pages 223-251, June.
- Daniel Fernández-Kranz & Mark Hon, 2006. "A Cross-Section Analysis of the Income Elasticity of Housing Demand in Spain: Is There a Real Estate Bubble?," The Journal of Real Estate Finance and Economics, Springer, vol. 32(4), pages 449-470, June.
- Moshirian, Fariborz & Pham, Toan, 2000. "Determinants of US investment in real estate abroad," Journal of Multinational Financial Management, Elsevier, vol. 10(1), pages 63-72, January.
- Martin Hoesli & Jon Lekander & Witold Witkiewicz, 2004. "New International Evidence on Real Estate as a Portfolio Diversifier," Journal of Real Estate Research, American Real Estate Society, vol. 26(2), pages 161-206.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Kanis Saengchote & Voraprapa Nakavachara & Yishuang Xu, 2023. "Capitalising the Network Externalities of New Land Supply in the Metaverse," PIER Discussion Papers 203, Puey Ungphakorn Institute for Economic Research.
- Clara Martínez Toledano, 2017. "House Price Cycles, Wealth Inequality and Portfolio Reshuffling," World Inequality Lab Working Papers halshs-02797549, HAL.
- Corinna Ghirelli & Danilo Leiva-León & Alberto Urtasun, 2023.
"Housing prices in Spain: convergence or decoupling?,"
SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 14(2), pages 165-187, June.
- Corinna Ghirelli & Danilo Leiva-León & Alberto Urtasun, 2022. "Housing prices in Spain: convergence or decoupling?," Working Papers 2205, Banco de España.
- Nicos Christodoulakis & Vassilis Sarantides, 2017.
"External Asymmetries in the Euro Area and the Role of Foreign Direct Investment,"
The World Economy, Wiley Blackwell, vol. 40(2), pages 393-423, February.
- Nicos Christodoulakis & Vassilis Sarantides, 2011. "External asymmetries in the euro area and the role of foreign direct investment," Working Papers 132, Bank of Greece.
- Mustafa ŞİT, 2019. "The Determinants of Foreign Direct Investments in Real Estate: Turkey Case," The Journal of Social Sciences Research, Academic Research Publishing Group, vol. 5(3), pages 789-795, 03-2019.
- Kanis Saengchote & Voraprapa Nakavachara & Yishuang Xu, 2023. "Capitalising the Network Externalities of New Land Supply in the Metaverse," Papers 2303.17180, arXiv.org.
- Yi Wu & Nicole Lux, 2018. "U.K. House Prices: Bubbles or Market Efficiency? Evidence from Regional Analysis," JRFM, MDPI, vol. 11(3), pages 1-16, September.
- Hassan Fereidouni Gholipour & Usama Al-mulali & Abdul Hakim Mohammed, 2014. "Foreign investments in real estate, economic growth and property prices: evidence from OECD countries," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 17(1), pages 33-45, March.
- Lisha He & Mia M Bennett & Ronghao Jiang, 2022. "The uneven geography of real estate investment by Mainland Chinese state-owned and private enterprises in the U.S.: Local market conditions, migration, and ethnic networks," Environment and Planning A, , vol. 54(4), pages 653-675, June.
- Clara Martínez Toledano, 2017. "House Price Cycles, Wealth Inequality and Portfolio Reshuffling," Working Papers halshs-02797549, HAL.
- Alkan Gökler, Leyla, 2021. "Foreign demand and high-rise luxury housing projects in two Turkish cities: Ankara and Trabzon," Land Use Policy, Elsevier, vol. 103(C).
- Hassan Gholipour Fereidouni & Usama Al-mulali & Miswan Abdul Hakim Bin Mohammed, 2013. "The Effects of Transaction Costs, Landlord and Tenant Practices and Property Rights on Foreign Real Estate Investment," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 7(3), pages 351-370, August.
- Chang, Yuk Ying & Anderson, Hamish & Shi, Song, 2018. "China and international housing price growth," China Economic Review, Elsevier, vol. 50(C), pages 294-312.
- Elena IONASCU & Marilena MIRONIUC & Ion ANGHEL, 2019. "Transparency of Real Estate Markets: Conceptual and Empirical Evidence," The Audit Financiar journal, Chamber of Financial Auditors of Romania, vol. 17(154), pages 306-306.
- Clara Martínez Toledano, 2017. "House Price Cycles, Wealth Inequality and Portfolio Reshuffling," PSE Working Papers halshs-02797549, HAL.
- Bulbarelli, Miriam, 2016. "The housing finance system in Italy and Spain: Why did a housing bubble develop in Spain - and not in Italy?," PIPE - Papers on International Political Economy 26/2016, Free University Berlin, Center for International Political Economy.
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.- Andrew Baum & Claudia Murray, 2010. "Understanding the Barriers to Real Estate Investment in Developing Economies," LARES lares-2010-artigo-314-412, Latin American Real Estate Society (LARES).
- Robert Johnson & Colin Lizieri & Luc Soenen & Elaine M. Worzala, 2005. "Hedging Private International Real Estate," Real Estate & Planning Working Papers rep-wp2005-01, Henley Business School, University of Reading.
- Philipp Bejol & Nicola Livingstone, 2018. "Revisiting currency swaps: hedging real estate investments in global city markets," Journal of Property Investment & Finance, Emerald Group Publishing Limited, vol. 36(2), pages 191-209, March.
- Bing Zhu & Colin Lizieri, 2021. "Connected markets through global real estate investments," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 49(S2), pages 618-654, September.
- Joseph Francois & Bernard Hoekman, 2010.
"Services Trade and Policy,"
Journal of Economic Literature, American Economic Association, vol. 48(3), pages 642-692, September.
- Francois, Joseph, 2009. "Services Trade and Policy," CEPR Discussion Papers 7616, C.E.P.R. Discussion Papers.
- Joseph F. Francois & Bernard Hoekman, 2009. "Services Trade and Policy," Economics working papers 2009-03, Department of Economics, Johannes Kepler University Linz, Austria.
- Joseph F. Francois & B. Hoekman, 2009. "Services Trade and Policy," wiiw Working Papers 60, The Vienna Institute for International Economic Studies, wiiw.
- Badinger, Harald & Egger, Peter, 2013.
"Spacey Parents and Spacey Hosts in FDI,"
Department of Economics Working Paper Series
154, WU Vienna University of Economics and Business.
- Badinger Harald & Peter Egger, 2013. "Spacey Parents and Spacey Hosts in FDI," Department of Economics Working Papers wuwp154, Vienna University of Economics and Business, Department of Economics.
- Mustafa ŞİT, 2019. "The Determinants of Foreign Direct Investments in Real Estate: Turkey Case," The Journal of Social Sciences Research, Academic Research Publishing Group, vol. 5(3), pages 789-795, 03-2019.
- Derek Kellenberg & Arik Levinson, 2019.
"Misreporting trade: Tariff evasion, corruption, and auditing standards,"
Review of International Economics, Wiley Blackwell, vol. 27(1), pages 106-129, February.
- Derek Kellenberg & Arik Levinson, 2016. "Misreporting Trade: Tariff Evasion, Corruption, and Auditing Standards," NBER Working Papers 22593, National Bureau of Economic Research, Inc.
- Derek Kellenberg & Arik Levinson, 2017. "Misreporting Trade: Tariff Evasion, Corruption, and Auditing Standards," Working Papers gueconwpa~17-17-03, Georgetown University, Department of Economics.
- Karolina Ekholm & Rikard Forslid & James R. Markusen, 2021.
"Export-Platform Foreign Direct Investment,"
World Scientific Book Chapters, in: BROADENING TRADE THEORY Incorporating Market Realities into Traditional Models, chapter 6, pages 111-130,
World Scientific Publishing Co. Pte. Ltd..
- Karolina Ekholm & Rikard Forslid & James R. Markusen, 2007. "Export-Platform Foreign Direct Investment," Journal of the European Economic Association, MIT Press, vol. 5(4), pages 776-795, June.
- Karolina Ekholm & Rikard Forslid & James Markusen, 2003. "Export-Platform Foreign Direct Investment," NBER Working Papers 9517, National Bureau of Economic Research, Inc.
- Markusen, James & Forslid, Rikard & Ekholm, Karolina, 2003. "Export-Platform Foreign Direct Investment," CEPR Discussion Papers 3823, C.E.P.R. Discussion Papers.
- Jim Markusen & Caroline Ekholm, Rikard Forslid, 2005. "Export-Platform Foreign Direct Investment," The Institute for International Integration Studies Discussion Paper Series iiisdp050, IIIS.
- James Markusen, 2023.
"Incorporating Theory-Consistent Endogenous Markups into Applied General-Equilibrium Models,"
Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 8(2), pages 60-99, December.
- Markusen, James, 2023. "Incorporating Theory-Consistent Endogenous Markups into Applied General-Equilibrium Models," CEPR Discussion Papers 18098, C.E.P.R. Discussion Papers.
- James R. Markusen, 2023. "Incorporating Theory-Consistent Endogenous Markups into Applied General-Equilibrium Models," NBER Working Papers 31181, National Bureau of Economic Research, Inc.
- James R. Markusen, 2023. "Incorporating Theory-Consistent Endogenous Markups into Applied General-Equilibrium Models," CESifo Working Paper Series 10390, CESifo.
- Petroulas, Pavlos, 2007.
"The effect of the euro on foreign direct investment,"
European Economic Review, Elsevier, vol. 51(6), pages 1468-1491, August.
- Petroulas, Pavlos, 2004. "The Effect of the Euro on Foreign Direct Investment," Research Papers in Economics 2004:5, Stockholm University, Department of Economics.
- Pavlos Petroulas, 2006. "The Effect of the Euro on Foreign Direct Investment," Working Papers 48, Bank of Greece.
- Gordon H. Hanson & Raymond J. Mataloni & Matthew J. Slaughter, 2005.
"Vertical Production Networks in Multinational Firms,"
The Review of Economics and Statistics, MIT Press, vol. 87(4), pages 664-678, November.
- Gordon H. Hanson & Raymond J. Mataloni & Matthew J. Slaughter, 2003. "Vertical Production Networks in Multinational Firms," NBER Working Papers 9723, National Bureau of Economic Research, Inc.
- Hanson, Gordon H. & Mataloni, Jr., Raymond J. & Slaughter, Matthew J., 2003. "Vertical Production Networks in Multinational Firms," Conference papers 331164, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Kimura, Hidemi & Todo, Yasuyuki, 2010.
"Is Foreign Aid a Vanguard of Foreign Direct Investment? A Gravity-Equation Approach,"
World Development, Elsevier, vol. 38(4), pages 482-497, April.
- Hidemi Kimura & Yasuyuki Todo, 2009. "Is Foreign Aid a Vanguard of Foreign Direct Investment? A Gravity-Equation Approach," Development Economics Working Papers 22881, East Asian Bureau of Economic Research.
- Hidemi Kimura & Yasuyuki Todo, 2009. "Is Foreign Aid a Vanguard of Foreign Direct Investment? A Gravity-Equation Approach," Asia Pacific Economic Papers 380, Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University.
- Harald Badinger & Peter Egger, 2010. "Horizontal vs. Vertical Interdependence in Multinational Activity," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 72(6), pages 744-768, December.
- Cardamone, Paola & Scoppola, Margherita, 2012.
"Trade costs and the pattern of Foreign Direct Investment: evidence from five EU countries,"
2012 First Congress, June 4-5, 2012, Trento, Italy
124106, Italian Association of Agricultural and Applied Economics (AIEAA).
- Cardamone, Paola & Scoppola, Margherita, 2012. "Trade costs and the pattern of Foreign Direct Investment: evidence from five EU countries," 2012 First Congress, June 4-5, 2012, Trento, Italy 123993, Italian Association of Agricultural and Applied Economics (AIEAA).
- Alexander Hijzen & Holger Görg & Miriam Manchin, 2006.
"Cross-border mergers and acquisitions and the role of trade costs,"
European Economy - Economic Papers 2008 - 2015
242, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Görg, Holger & Manchin, Miriam & Hijzen, Alexander, 2007. "Cross-Border Mergers & Acquisitions and the Role of Trade Costs," CEPR Discussion Papers 6397, C.E.P.R. Discussion Papers.
- Waldkirch Andreas & Tekin-Koru Ayça, 2010.
"North American Integration and Canadian Foreign Direct Investment,"
The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-40, August.
- Waldkirch, Andreas & Tekin-Koru, Ayca, 2009. "North American Integration and Canadian Foreign Direct Investment," MPRA Paper 12968, University Library of Munich, Germany.
- Waldkirch, Andreas & Tekin-Koru, Ayca, 2010. "North American Integration and Canadian Foreign Direct Investment," MPRA Paper 21482, University Library of Munich, Germany.
- Adolfo Maza & Paula Gutiérrez-Portilla, 2022.
"Outward FDI and exports relation: A heterogeneous panel approach dealing with cross-sectional dependence,"
International Economics, CEPII research center, issue 170, pages 174-189.
- Maza, Adolfo & Gutiérrez-Portilla, Paula, 2022. "Outward FDI and exports relation: A heterogeneous panel approach dealing with cross-sectional dependence," International Economics, Elsevier, vol. 170(C), pages 174-189.
- Michael Overesch & Georg Wamser, 2009.
"Who Cares About Corporate Taxation? Asymmetric Tax Effects on Outbound FDI,"
The World Economy, Wiley Blackwell, vol. 32(12), pages 1657-1684, December.
- Michael Overesch & Georg Wamser, 2008. "Who Cares about Corporate Taxation? Asymmetric Tax Effects on Outbound FDI," ifo Working Paper Series 59, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
- Andrzej Cieślik, 2020. "What attracts multinational enterprises from the new EU member states to Poland?," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 10(2), pages 253-269, June.
More about this item
Keywords
Foreign real estate investment; Housing investment bubble; Foreign direct investment;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:kap:jrefec:v:41:y:2010:i:3:p:354-367. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.