Attebery, William L.; Rutherford, Ronald C.; Eakin, Mark E. - In: Journal of Real Estate Research 8 (1993) 3, pp. 377-386
This study employs a multivariate Granger-causality procedure to examine causal relationships between selected economic and financial variables and industrial real estate prices. Empirical results indicate that relationships between several of these variables' lagged values and current values of...