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This paper addresses the structural change in a local urban housing market within a submarket framework. There is a voluminous literature examining the economic structure and operation of urban housing submarkets, with much of the associated empirical work based on static cross-sectional...
Persistent link: https://www.econbiz.de/10005595409
Urban regeneration strategies in the UK have placed considerable emphasis on the development of homeownership and particularly low-cost homeownership. The paper assesses the long-term viability of local homeownership initiatives in public sector communities by reference to case studies in four...
Persistent link: https://www.econbiz.de/10005446276
There has been a long tradition, dating back to the 1930s, of promoting regional development in the assisted areas of the United Kingdom through the provision of industrial units. At the end of the 1980s the government decided that the time was then ripe to sell off the publicly owned portfolio...
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Jones C. and Orr A. M. (2004) Spatial economic change and long-term urban office rental trends, Reg. Studies38, 281-292. The paper starts with the presumption that spatial economic change will have a strong influence on local long-term office rental trends. A number of hypotheses are developed...
Persistent link: https://www.econbiz.de/10005638476
Purpose: This paper aims to put forward and compare two accessible approaches to model and forecast spot prices in the fishing industry. The first modelling approach is a Markov-switching model (MSM) in which a Markov chain captures different economic regimes and a stochastic convenience yield...
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