商业办公市场的一个细分市场的扭曲:以医疗办公楼为例

IF 2.1 Q2 URBAN STUDIES
A. Goodman, Brent C. Smith
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引用次数: 1

摘要

摘要本文考察了美国医疗办公楼市场,这是一个在学术文献中很少受到关注的办公楼市场。我们的注意力集中在需求证明(CON)的影响上,这是一套规范卫生服务规划的州一级扭曲性公共法律。关于房地产,我们发现CON法规提高了医疗办公楼(MOB)的租金和销售价格。使这些发现特别有趣的是,目前有CON立法的州中没有一个州有任何限制MOB发展的语言。实证结果表明,CON存在供应约束,对MOB市场具有扭曲效应。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Distortions in a segment of the commercial office market: the case of medical office buildings
ABSTRACT This article examines the U.S. market for Medical Office Buildings (MOB), a segment of the office market that has received little attention in the academic literature. Our attention is directed towards the impact of Certificate-of-Need (CON), a set of state level distortionary public laws that regulate health services planning. With respect to real estate, we find CON regulations increase rents and sales prices medical office building (MOB) rental rates. What makes these findings particularly interesting is that none of the states that currently have CON legislation in place have any language restricting MOB development. The empirical findings suggest that there is a supply constraint due to CON that has a distortionary effect on the MOB market.
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来源期刊
CiteScore
3.80
自引率
5.30%
发文量
13
期刊介绍: The Journal of Property Research is an international journal. The title reflects the expansion of research, particularly applied research, into property investment and development. The Journal of Property Research publishes papers in any area of real estate investment and development. These may be theoretical, empirical, case studies or critical literature surveys.
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