This article is the first to identify and estimate developers’ supply functions for real estate attributes. It introduces instruments that separate the demand side effects of real estate attributes and capture the nature of developers upon their initial business establishment into a two-stage...

In this paper, we investigate how real estate portfolio composition impacts earnings management (EM) of New Zealand listed property portfolios (NZ-LPPs). We employ a panel dataset containing accounting and property data for NZ-LPPs. The findings include: (1) the office property ratio of the real...

Driven by unprecedented economic development, China has experienced a rapid urbanization for more than four decades. Such a record speed and scale of China’s urbanization has posed significant challenges to urban sustainability, which are especially critical for ecological fragile cities in...

This paper proposes a general method to extend a standard input-output (IO) table to incorporate firm heterogeneity when portraying the domestic segment of global value chains in a country. We develop a quadratic optimization model to estimate an extended IO table that reports inter-sector...

This paper proposes a general method to extend a standard input-output (IO) table to incorporate firm heterogeneity when portraying the domestic segment of global value chains in a country. We develop a quadratic optimization model to estimate an extended IO table that reports inter-sector...

This study uses an agent-based model (ABM), called KohTaoSim, to represent the complex dynamics of a dive-tourism related social ecological system (SES), using the island of Koh Tao, Thailand as a case study. The results of testing KohTaoSim under different environmental and management scenarios...