Retail Space for Rent! Macroeconomic Determinants of Shopping Complex Occupancy Rate
2021 ◽
Vol 21
(1)
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pp. 268-284
Keyword(s):
This study proposes anad hoc equationwhich isapplied to estimatethe impactsof macroeconomic variableson occupancy rate of shopping complex. Thecandidatemacroeconomic determinantsare interest rate, inflation rate, share priceand Gross Domestic Product (GDP), whileasupply-sidevariable, total spaceis included.Using quarterly databetween 1992and 2015 froma small open economy-Malaysia, this study findsthat interest rate,and GDP both havea positive impact on shopping complex’s occupancy rate, and total space of shopping complex shows anegative sign.The non-causality tests offer that inflation rate indirectlycauses the occupancy rate of shopping complex. This study highlights somerelevant policy implications.
Keyword(s):
2013 ◽
Vol 23
(4)
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pp. 287-296
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1990 ◽
Vol 37
(4)
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pp. 753
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Keyword(s):
2018 ◽
Vol 3
(1)
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pp. 33-47
Keyword(s):
2017 ◽
Vol 23
(5)
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pp. 1721-1756
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Keyword(s):
2011 ◽
Vol 48
(1)
◽
pp. 125-134
Keyword(s):
2011 ◽
Vol 101
(6)
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pp. 2530-2561
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