10 research outputs found
Economies of Scale for Real Estate Investment Trusts
Get PDFUsing the translog cost function to estimate economies of scale for a sample of Real Estate Investment Trusts for the years 1992-1994, we find significant evidence that economies of scale exist for REITs for all years examined. The results show that measurement of scale economies is sensitive to the model used for the measurement. Individual characteristics of the REIT, such as type of management and degree of leverage, affect the magnitude of the scale economy. Additional variables accounting for property type diversification and geographic influences have little additional impact on the measured scale economies. Finally, the measured economies of scale for REITs vary considerably over time.
Causal relations among stock returns, inflation: Persistence of international mutual fund performance.
No full textCausal relations among stock returns, inflation: Persistence of international mutual fund performance.
No full textCausal relations among stock returns, inflation: Persistence of international mutual fund performance
No full textWhy Does Performance Persistence Vary Among Closed-End Funds?
No full textmutual funds, closed-end funds, mutual fund performance, performance persistence,
Cadmium inhibits GABA-activated ion currents by increasing intracellular calcium level in snail neurons
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