Modelling Linkages between US and Asia‐Pacific Securitized Property Markets
作者： Nafeesa Yunus , Peggy E. Swanson
DOI: 10.1080/09599910701439992
关键词:
摘要: The aim of this paper is to examine long‐run relationships and short‐run causal linkages among the public property markets Asia‐Pacific region (Australia, Hong Kong, Japan Singapore) US over a period beginning January 2000 ending March 2006. Long‐term results indicate that, from perspective investor, Kong provide greater diversification benefits. Short‐run causality tests show no significant lead‐lag between market those markets, indicating wide range possible opportunities. Thus, investors in international real estate can derive benefits investing these both long short run.
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