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...

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Bibliographic Details
Main Authors: Mehmet Huseyin Bilgin, Chi Keung Marco Lau, Ender Demir, Nijolė Astrauskienė
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2010-09-01
Series:International Journal of Strategic Property Management
Subjects:
Online Access:https://journals.vgtu.lt/index.php/IJSPM/article/view/5732