The aim of this paper was to examine the relationship between changes in the US and China macroeconomic conditions and the excess returns of nine Asian-Pacific public real estate markets (Singapore, Indonesia, Malaysia, the Philippines, Thailand, Australia, Taiwan, Hong Kong, and Japan). We...

In retrospect of China's increasing significance and active role in the global economy alongside with prominence in Asian economic growth, this paper investigates the relative impact of China's and US's macroeconomic factors on Asian real estate excess return performance. Although past...

We study volatility connectedness effects and market integration among the China's five financial markets: stock, real estate, bond, commodity futures and foreign exchange (currency). We use several measures of market connectedness to assess the degree of volatility connectivity shocks across...

This study examines the market integration relationship of the US/Japan/China to establish which market has more influence in Asia-Pacific public real estate markets over the period from January 7, 2005 to December 8, 2017. Market integration is focused from the return correlation, return linear...

This paper focuses on evidence on securitized real estate markets as it investigates the volatility spillovers and correlation dynamics among the three real estate securities markets: China, Hong Kong and Taiwan in Greater China (GC) as well as their international linkages with the US...

This paper focuses on securitized real estate markets. It investigates simultaneously the effects of volatility spillover and conditional correlation on the cross-market relationships among three real estate securities markets, Mainland China, Hong Kong, and Taiwan in Greater China (GC), as well...

In the past years Chinese firms increased their spending on R&D substantially and worked on achieving a higher quality level of R&D. We analyze whether different R&D activities show a positive influence on total factor productivity (TFP) for firms of different ownership types and across two time...