Given such estimates, it will then be possible to cross-sectionally compare local office space markets in terms of degree of prevailing disequilibrium conditions. (xelonline.com)
Within this context, the formulation of a model for the explanation of cross-section differentials in office space rents has to accordingly take into account the cyclical instability and the somewhat autonomous behavior characterizing local office space markets. (xelonline.com)
The derivation of theoretical models for such an analysis, though, requires first a thorough understanding of the intertemporal behavior of metropolitan office space markets and the degree to which these markets behave independently. (xelonline.com)