2008년 금융위기 이후 서울 오피스 시장의 변화

• 영문명: Change in Seoul Office Market After 2008 Financial Crisis
• 발행기관: 한국지역개발학회
• 저자명: 양영준(Yang Young Jun) 임병준(Rhim Byeong Jun)
• 간행물 정보: 『한국지역개발학회지』제25권 제5호, 149~170쪽, 전체 22쪽
• 주제분류: 사회과학 > 지역개발
• 파일형태: PDF
• 발행일자: 2013.12.30

영문 초록

In this study, I have tried to find out how the Korean office market have changed since the 2008 financial crisis and what has been the determining factors in deciding the price of offices. The analysis of impulse response analysis showed that the vacancy rate had been the positive effect on the price of office prior to the financial crisis but it has been the negative effect on the price of office after the financial crisis. The rent has positively affected the price of offices both after and before the financial crisis. But the analysis showed that its effect has been reduced after the financial crisis. According to the variance decomposition analysis, the change in the price of office came from the vacancy rate and the rent prior to the financial crisis. However, that has been less affected by them than its own price determining structure after the financial crisis. In addition, the impulse response analysis showed the followings; the economic growth rate has positively affected the price of office but its effect has been reduced after the financial crisis. The interest rate negatively affected the price of office before the financial crisis but its effect has positively affected the price of office after the financial crisis if it was a little bit. The variance decomposition analysis showed that the change in price of offices between periods before and after the financial crisis is affected by the price of office itself.

목차

1. 서 론

2. 이론적 고찰

3. 실증분석

4. VEC 모형을 통한 실증분석

4. 결론 및 시사점

주

참 고 문 헌

키워드

오피스 시장(Office Market) 금융위기(Financial Crisis) 오피스 가격 결정요인(determinants of office price) 충격반응분석(Impulse response analysis) 분산 분해분석(Variance decomposition analysis)