The Economics of Urban Property Markets

An Institutional Economics Analysis

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Conditions, Business & Finance
Cover of the book The Economics of Urban Property Markets by Paschalis A. Arvanitidis, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Paschalis A. Arvanitidis ISBN: 9781317637172
Publisher: Taylor and Francis Publication: August 13, 2014
Imprint: Routledge Language: English
Author: Paschalis A. Arvanitidis
ISBN: 9781317637172
Publisher: Taylor and Francis
Publication: August 13, 2014
Imprint: Routledge
Language: English

This book examines the relationship between the property market and urban economy. The stimulus for this work was provided by the seemingly ever-accelerating process of urban economic change and the noticeable failure of existing studies to adequately explore the pivotal role that the property market plays in this process.

Drawing on institutional economics, the central argument of the book is that the property market as an institution is a mediator through which urban economic potential can be realised and served. In developing this argument, the book provides a critical realist ontological framework that advances understanding of the institutional structure of the economy and the complex interrelation between the institutional environment and human agency, as well as a holistic theoretical framework of urban economic change, where appropriate emphasis is placed on the specific mechanisms, processes and dynamics through which the built environment is provided. Arvanitidis also explores an institutional conceptualisation of property market efficiency, defined in terms of the ability of the market institution to adapt its structure and to provide outcomes that the economy requires. To inform empirical research on the developed concepts, the book also offers a generic analytical approach specifying appropriate research methods and techniques for investigation along with a specific research design providing an operational framework that translates developed theory into empirical practice.

The book’s primary contribution therefore lies in its delineation of a holistic research programme to conceptualise the property market as an institution and to explore its role within the urban economy.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book examines the relationship between the property market and urban economy. The stimulus for this work was provided by the seemingly ever-accelerating process of urban economic change and the noticeable failure of existing studies to adequately explore the pivotal role that the property market plays in this process.

Drawing on institutional economics, the central argument of the book is that the property market as an institution is a mediator through which urban economic potential can be realised and served. In developing this argument, the book provides a critical realist ontological framework that advances understanding of the institutional structure of the economy and the complex interrelation between the institutional environment and human agency, as well as a holistic theoretical framework of urban economic change, where appropriate emphasis is placed on the specific mechanisms, processes and dynamics through which the built environment is provided. Arvanitidis also explores an institutional conceptualisation of property market efficiency, defined in terms of the ability of the market institution to adapt its structure and to provide outcomes that the economy requires. To inform empirical research on the developed concepts, the book also offers a generic analytical approach specifying appropriate research methods and techniques for investigation along with a specific research design providing an operational framework that translates developed theory into empirical practice.

The book’s primary contribution therefore lies in its delineation of a holistic research programme to conceptualise the property market as an institution and to explore its role within the urban economy.

More books from Taylor and Francis

Cover of the book Studying Human Rights by Paschalis A. Arvanitidis
Cover of the book Language Policy, Culture, and Identity in Asian Contexts by Paschalis A. Arvanitidis
Cover of the book The Phantom Capitalists by Paschalis A. Arvanitidis
Cover of the book Peasants and Poverty (Routledge Revivals) by Paschalis A. Arvanitidis
Cover of the book Techno Politics in Presidential Campaigning by Paschalis A. Arvanitidis
Cover of the book Culture and Development in a Globalizing World by Paschalis A. Arvanitidis
Cover of the book Encounter with Kennan by Paschalis A. Arvanitidis
Cover of the book Handbook Of Family Therapy by Paschalis A. Arvanitidis
Cover of the book Learning Liberation by Paschalis A. Arvanitidis
Cover of the book Grassroots Literacy by Paschalis A. Arvanitidis
Cover of the book The East India Company, 1600-1857 by Paschalis A. Arvanitidis
Cover of the book Reformations Old and New by Paschalis A. Arvanitidis
Cover of the book The Handbook of Communication Training by Paschalis A. Arvanitidis
Cover of the book Writing Wrongs by Paschalis A. Arvanitidis
Cover of the book Universities and Global Human Development by Paschalis A. Arvanitidis
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy