U.S. REIT industry profitability: a Bennet decomposition of industry dynamics
This paper considers the aggregate profitability performance of the REIT industry. The aggregate performance depends on the underlying microeconomic dynamics within an industry – the growth of individual REITs (the within effect), the reallocation between existing REITs (the between effect), the ent...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Vilnius Gediminas Technical University
2021-06-01
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Series: | International Journal of Strategic Property Management |
Subjects: | |
Online Access: | https://journals.vgtu.lt/index.php/IJSPM/article/view/14958 |