2020
DOI: 10.3846/ijspm.2020.13343
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Locale-Varying Relationships Between Tourism Development and Retail Property Prices in a Shopping Destination

Abstract: Existing literature has inadequately examined the nexus between tourism and property prices. Additionally, it mainly focuses on hotels and housing, thereby overlooking other property categories (e.g., retail properties). The relationship between tourism development and retail property prices in shopping destinations (e.g., Hong Kong and Singapore) may hinge on the locale. More specifically, the relationship may be different in the tourist precinct or popular tourism shopping area (PTSA) and the unpopu… Show more

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Cited by 13 publications
(2 citation statements)
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“…In the process of panel data regression analysis, in order to ensure the stability of the research data, it is necessary to perform a unit root test on the panel data, so as to avoid false regression in the data ( 17 , 18 ). If it passes the test, it means that the data is stationary and there is no unit root; if it does not pass the test, the data needs to be differentiated to eliminate the unit root and change to a stationary sequence.…”
Section: Research Methods and Data Sourcesmentioning
confidence: 99%
“…In the process of panel data regression analysis, in order to ensure the stability of the research data, it is necessary to perform a unit root test on the panel data, so as to avoid false regression in the data ( 17 , 18 ). If it passes the test, it means that the data is stationary and there is no unit root; if it does not pass the test, the data needs to be differentiated to eliminate the unit root and change to a stationary sequence.…”
Section: Research Methods and Data Sourcesmentioning
confidence: 99%
“…The sixth and seventh clusters, entitled "tourism industry" and "changing determinant", respectively, contain articles that explored changing the price of tourism properties, and presented this as a determinant and key element in the real estate tourism industry. Examples of such articles are [70][71][72][73].…”
Section: Document Analysismentioning
confidence: 99%