Economics at your fingertips  

Un modèle à équations simultanées du cycle des bureaux en région parisienne

Richard Malle

Economie & Prévision, 2010, vol. n° 194, issue 3, 93-108

Abstract: This paper presents a simultaneous-equation model for the Paris Region office market in 1994-2008. We determine the market?s supply/demand relationship by combining net absorption, the vacancy rate, real rents, and the volume of office construction starts. We then simulate office-market cycles according to different employment hypotheses up to 2020. The results show that the Paris Region employment cycle determines the cycle of office-market fundamentals. Interest rates have a limited impact on the decisions of property-market players.

Keywords: office market cycle; office rents; property forecasts (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf) (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in Economie & Prévision from La Documentation Française
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().

Page updated 2022-05-17
Handle: RePEc:cai:ecoldc:ecop_194_0093