Rental price convergence in a developing economy: New evidence from nonlinear panel unit root test
We examine the hypothesis of nonlinear rental price convergence using relative rental price index of three major cities of Turkey namely, Istanbul, Izmir, and Ankara span from the period from January 1994 to February 2010. Our results indicate that all cities exhibit rental price convergence toward...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Vilnius Gediminas Technical University
2010-09-01
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Series: | International Journal of Strategic Property Management |
Subjects: | |
Online Access: | https://journals.vgtu.lt/index.php/IJSPM/article/view/5732 |