A Study of Retail Rents with VAR Model (in South Korea)
作者： Seung-Young Jeong
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摘要: This paper uses a time series analysis and shock-response of the vector autoregression (VAR) model to find trends in retail rents. The data rent South Korea were compiled by three institutions (the Bank BOK, Kookmin Bank, Statistic Office) from January 1995 February 2008. long-term rents showed that they continued rise general but there was short sluggish period. had positive relation with office rents, property management expenses, consumer price index, housing deposit-basis lease value (chonsei), negative interest rate.
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