Econometric forecasting model for rents in the British retail property market

Mick Silver and M Goode

Omega, 1990, vol. 18, issue 5, 529-539

Abstract: This paper develops a model for forecasting rents for the UK retail property market. The model is estimated at both the national and regional level using OLS and SURE respectively. Particular attention is devoted to the multicollinearity of the model, an issue often not considered in multivariate forecasting since the predicted values of models suffering from multicollinearity are unbiased. However, the question of the stability of the multicollinearity is often ignored. This paper draws attention to this problem in the context of this application.

Keywords: multivariate; forecasting; retail; property; rents (search for similar items in EconPapers)
Date: 1990
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/0305-0483(90)90009-X
Full text for ScienceDirect subscribers only

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: https://EconPapers.repec.org/RePEc:eee:jomega:v:18:y:1990:i:5:p:529-539

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

Access Statistics for this article

Omega is currently edited by B. Lev

More articles in Omega from Elsevier
Bibliographic data for series maintained by Catherine Liu ().