spb/wp20_uqo

1{"status": "ok", "message-type": "work-list", "message-version": "1.0.0", "message": {"facets": {}, "total-results": 7790511, "items": [{"indexed": {"date-parts": [[2026, 8, 18]], "date-time": "2026-08-18T01:21:28Z", "timestamp": 1787016088884, "version": "build-2736575974"}, "reference-count": 38, "publisher": "Wiley", "issue": "3", "license": [{"start": {"date-parts": [[2016, 5, 2]], "date-time": "2016-05-02T00:00:00Z", "timestamp": 1462147200000}, "content-version": "vor", "delay-in-days": 0, "URL": "http://creativecommons.org/licenses/by-nc-nd/4.0/"}], "content-domain": {"domain": [], "crossmark-restriction": false}, "short-container-title": ["Review of Income and Wealth"], "published-print": {"date-parts": [[2017, 9]]}, "abstract": "<jats:p>The paper studies the problems associated with the construction of price indexes for commercial properties that could be used in the System of National Accounts. Property price indexes are required for the stocks of commercial properties in the balance sheets and related price indexes for the land and structure components of a commercial property are required in the balance sheet accounts for the calculation of the Multifactor Productivity of the Commercial Property Industry. The paper uses a variant of the builder's model that has been used to construct Residential Property Price Indexes. Geometric depreciation rates are estimated for commercial offices in Tokyo using assessment data for REIT. The problems associated with the decomposition of property value into land and structure components are addressed. The problems associated with depreciating capital expenditures on buildings and with measuring the loss of asset value due to early retirement of the structure are also addressed.</jats:p>", "DOI": "10.1111/roiw.12229", "type": "journal-article", "created": {"date-parts": [[2016, 5, 2]], "date-time": "2016-05-02T11:48:33Z", "timestamp": 1462189713000}, "page": "492-519", "source": "Crossref", "is-referenced-by-count": 26, "title": ["Alternative Approaches to Commercial Property Price Indexes for Tokyo"], "prefix": "10.1111", "volume": "63", "author": [{"given": "Erwin", "family": "Diewert", "sequence": "first", "affiliation": [{"name": "University of British Columbia"}], "role": [{"vocabulary": "crossref", "role": "author"}]}, {"given": "Chihiro", "family": "Shimizu", "sequence": "additional", "affiliation": [{"name": "National University of Singapore"}], "role": [{"vocabulary": "crossref", "role": "author"}]}], "member": "311", "published-online": {"date-parts": [[2016, 5, 2]]}, "reference": [{"key": "e_1_2_11_2_1", "doi-asserted-by": "publisher", "DOI": "10.1080/01621459.1963.10480679"}, {"key": "e_1_2_11_3_1", "doi-asserted-by": "publisher", "DOI": "10.1111/j.1540-6229.2007.00187.x"}, {"key": "e_1_2_11_4_1", "doi-asserted-by": "publisher", "DOI": "10.1016/0094-1190(80)90049-2"}, {"key": "e_1_2_11_5_1", "doi-asserted-by": "publisher", "DOI": "10.1007/BF00174805"}, {"key": "e_1_2_11_6_1", "first-page": "98", "volume-title": "The Dynamics of Automobile Demand", "author": "Court A. T.", "year": "1939"}, {"key": "e_1_2_11_7_1", "doi-asserted-by": "publisher", "DOI": "10.1080/09599916.2012.679009"}, {"key": "e_1_2_11_8_1", "doi-asserted-by": "publisher", "DOI": "10.1016/j.jmoneco.2007.06.023"}, {"key": "e_1_2_11_9_1", "volume-title": "Residential Property Price Handbook", "author": "Haan Jan", "year": "2011"}, {"key": "e_1_2_11_10_1", "doi-asserted-by": "publisher", "DOI": "10.7208/chicago/9780226116174.003.0013"}, {"key": "e_1_2_11_11_1", "unstructured": "Diewert W. E. “Alternative Approaches to Measuring House Price Inflation ” Discussion Paper 10–10 Department of Economics The University of British Columbia Vancouver Canada V6T 1Z1 2010."}, {"key": "e_1_2_11_12_1", "first-page": "87", "volume-title": "Price and Productivity Measurement, Volume 1, Housing", "author": "Diewert W. E.", "year": "2011"}, {"key": "e_1_2_11_13_1", "doi-asserted-by": "crossref", "unstructured": "Diewert W. E.andK. J.Fox “Sunk Costs and the Measurement of Commercial Property Depreciation ” Discussion Paper 14–06 School of Economics University of British Columbia Vancouver B. C. Canada V6N 1Z1. Forthcoming in theCanadian Journal of Economics 2014.", "DOI": "10.2139/ssrn.2445119"}, {"key": "e_1_2_11_14_1", "first-page": "58", "article-title": "The Decomposition of a House Price Index into Land and Structures Components: A Hedonic Regression Approach", "volume": "6", "author": "Diewert W. E.", "year": "2011", "journal-title": "The Valuation Journal"}, {"key": "e_1_2_11_15_1", "unstructured": "Diewert W. E. J.deHaanandR.Hendriks “Hedonic Regressions and the Decomposition of a House Price index into Land and Structure Components ” Discussion Paper 11–01 Department of Economics University of British Columbia Vancouver Canada V6T 1Z1. Forthcoming inEconometric Reviews 2011b."}, {"key": "e_1_2_11_16_1", "unstructured": "Diewert W. E.andC.Shimizu “Residential Property Price Indexes for Tokyo ” Discussion Paper 13–07 School of Economics The University of British Columbia Vancouver Canada V6T 1Z1. Forthcoming inMacroeconomic Dynamics 2015."}, {"key": "e_1_2_11_17_1", "volume-title": "The Making of Index Numbers", "author": "Fisher I.", "year": "1922"}, {"key": "e_1_2_11_18_1", "doi-asserted-by": "publisher", "DOI": "10.1002/9781444301021.ch8"}, {"key": "e_1_2_11_19_1", "doi-asserted-by": "publisher", "DOI": "10.1023/B:REAL.0000011153.04496.42"}, {"key": "e_1_2_11_20_1", "doi-asserted-by": "publisher", "DOI": "10.1006/juec.1994.1014"}, {"key": "e_1_2_11_21_1", "doi-asserted-by": "publisher", "DOI": "10.1016/j.jue.2003.09.004"}, {"key": "e_1_2_11_22_1", "volume-title": "Value and Capital", "author": "Hicks J. R.", "year": "1946"}, {"key": "e_1_2_11_23_1", "doi-asserted-by": "publisher", "DOI": "10.1016/0304-4076(81)90101-9"}, {"key": "e_1_2_11_24_1", "unstructured": "ILO/IMF/OECD/UNECE/Eurostat/The World Bank Peter Hill (ed) Consumer Price Index Manual: Theory and Practice Geneva International Labour Office 2004."}, {"key": "e_1_2_11_25_1", "first-page": "1", "volume-title": "Technology and Capital Formation", "author": "Jorgenson D. W.", "year": "1989"}, {"key": "e_1_2_11_26_1", "unstructured": "Koev E.andJ. M. C.Santos Silva “Hedonic Methods for Decomposing House Price Indices into Land and Structure Components ” unpublished paper Department of Economics University of Essex England October 2008."}, {"key": "e_1_2_11_27_1", "unstructured": "Komatsu Y. Y.KatoandT.Yashiro “Survey on the Life of Buildings in Japan ”Strategies & Technologies for Maintenance & Modernization of Building CIB W70 Working Commission on Management Maintenance and Modernization of Buildings Tokyo International Symposium 111–18 1994."}, {"key": "e_1_2_11_28_1", "volume-title": "The Present State of England in Regard to Agriculture, Trade and Finance", "author": "Lowe J.", "year": "1823"}, {"key": "e_1_2_11_29_1", "unstructured": "Rambaldi A. N. R. R. J.McAllister K.CollinsandC. S.Fletcher “Separating Land from Structure in Property Prices: A Case Study from Brisbane Australia ” School of Economics The University of Queensland St. Lucia Queensland 4072 Australia 2010."}, {"key": "e_1_2_11_30_1", "volume-title": "OECD Productivity Manual: A Guide to the Measurement of Industry‐Level and Aggregate Productivity Growth", "author": "Schreyer P.", "year": "2001"}, {"key": "e_1_2_11_31_1", "unstructured": "Schreyer P. Measuring Capital Statistics Directorate National Accounts STD/NAD1 Paris OECD 2009."}, {"key": "e_1_2_11_32_1", "unstructured": "Shimizu C. W. E.Diewert K. G.NishimuraandT.Watanabe “Estimating Quality Adjusted Commercial Property Price Indexes Using Japanese REITs ” CARF Working Paper F307 University of Tokyo Forthcoming inJournal of Property Research 2013."}, {"key": "e_1_2_11_33_1", "doi-asserted-by": "publisher", "DOI": "10.1108/14635780610655102"}, {"key": "e_1_2_11_34_1", "first-page": "792", "article-title": "Housing Prices in Tokyo: A Comparison of Hedonic and Repeat Sales Measures", "volume": "230", "author": "Shimizu C.", "year": "2010", "journal-title": "Journal of Economics and Statistics"}, {"key": "e_1_2_11_35_1", "unstructured": "Statistics Portugal (Instituto Nacional de Estatistica) “Owner‐Occupied Housing: Econometric Study and Model to Estimate Land Prices Final Report ” paper presented to the Eurostat Working Group on the Harmonization of Consumer Price Indices” March 26–27 Luxembourg Eurostat 2009."}, {"key": "e_1_2_11_36_1", "doi-asserted-by": "publisher", "DOI": "10.1111/j.1475-4991.1973.tb00870.x"}, {"key": "e_1_2_11_37_1", "unstructured": "Turner and Townsend Turner and Townsend International Construction Cost Survey2012 Turner & Townsend Level 3 179 Turbot Street Brisbane Queensland 40002012 (http://www.turnerandtownsend.com)."}, {"key": "e_1_2_11_38_1", "volume-title": "Shazam: User's Reference Manual, Version 10", "author": "White K. J.", "year": "2004"}, {"key": "e_1_2_11_39_1", "unstructured": "Winfrey R. “Statistical Analyses of Industrial Property Retirements ” Iowa Engineering Experiment Station Bulletin number 125 1935."}], "container-title": ["Review of Income and Wealth"], "language": "en", "link": [{"URL": "https://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1111%2Froiw.12229", "content-type": "application/pdf", "content-version": "vor", "intended-application": "text-mining"}, {"URL": "https://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1111%2Froiw.12229", "content-type": "unspecified", "content-version": "vor", "intended-application": "text-mining"}, {"URL": "https://onlinelibrary.wiley.com/doi/pdf/10.1111/roiw.12229", "content-type": "unspecified", "content-version": "vor", "intended-application": "similarity-checking"}], "deposited": {"date-parts": [[2023, 10, 1]], "date-time": "2023-10-01T08:49:12Z", "timestamp": 1696150152000}, "score": 65.52841, "resource": {"primary": {"URL": "https://onlinelibrary.wiley.com/doi/10.1111/roiw.12229"}}, "issued": {"date-parts": [[2016, 5, 2]]}, "references-count": 38, "journal-issue": {"issue": "3", "published-print": {"date-parts": [[2017, 9]]}}, "alternative-id": ["10.1111/roiw.12229"], "URL": "https://doi.org/10.1111/roiw.12229", "archive": ["Portico"], "ISSN": ["0034-6586", "1475-4991"], "issn-type": [{"value": "0034-6586", "type": "print"}, {"value": "1475-4991", "type": "electronic"}], "published": {"date-parts": [[2016, 5, 2]]}}, {"indexed": {"date-parts": [[2026, 10, 8]], "date-time": "2026-10-08T19:52:18Z", "timestamp": 1791489138849, "version": "4.3.4"}, "reference-count": 44, "publisher": "Wiley", "issue": "4", "license": [{"start": {"date-parts": [[2019, 10, 21]], "date-time": "2019-10-21T00:00:00Z", "timestamp": 1571616000000}, "content-version": "vor", "delay-in-days": 0, "URL": "http://onlinelibrary.wiley.com/termsAndConditions#vor"}], "content-domain": {"domain": ["onlinelibrary.wiley.com"], "crossmark-restriction": true}, "short-container-title": ["Review of Income and Wealth"], "published-print": {"date-parts": [[2020, 12]]}, "abstract": "<jats:p>The System of National Accounts (SNA) requires separate estimates for the land and structure components of a commercial property. Using transactions data for the sales of office buildings in Tokyo, a hedonic regression model (the “builder’s model”) was estimated and this model generated an overall property price index as well as subindexes for the land and structure components of the office buildings. The builder’s model was also estimated using appraisal data on office building real estate investment trusts (REITs) for Tokyo. These hedonic regression models also generated estimates for net depreciation rates, which can be compared. Finally, the Japanese government constructs annual official land prices for commercial properties based on appraised values. The paper compares these official land prices with the land prices generated by the hedonic regression models based on transactions data and on REIT data. The results reveal that commercial property indexes based on appraisal and assessment prices lag behind the indexes based on transaction prices.</jats:p>", "DOI": "10.1111/roiw.12443", "type": "journal-article", "created": {"date-parts": [[2019, 10, 21]], "date-time": "2019-10-21T03:02:44Z", "timestamp": 1571626964000}, "page": "784-824", "update-policy": "https://doi.org/10.1002/crossmark_policy", "source": "Crossref", "is-referenced-by-count": 6, "title": ["Alternative Land‐Price Indexes for Commercial Properties in Tokyo"], "prefix": "10.1111", "volume": "66", "author": [{"given": "Erwin", "family": "Diewert", "sequence": "first", "affiliation": [{"name": "The University of British Columbia"}, {"name": "The University of New South Wales"}], "role": [{"vocabulary": "crossref", "role": "author"}]}, {"given": "Chihiro", "family": "Shimizu", "sequence": "additional", "affiliation": [{"name": "University of Tokyo"}, {"name": "Nihon University"}], "role": [{"vocabulary": "crossref", "role": "author"}]}], "member": "311", "published-online": {"date-parts": [[2019, 10, 21]]}, "reference": [{"key": "e_1_2_13_2_1", "doi-asserted-by": "publisher", "DOI": "10.1007/s11146-010-9261-4"}, {"key": "e_1_2_13_3_1", "doi-asserted-by": "publisher", "DOI": "10.1111/j.1540-6229.2007.00187.x"}, {"key": "e_1_2_13_4_1", "unstructured": "Burnett‐Issacs K. 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H.Pollakowski H.Horrigan andB.Case “REIT‐Based Pure Property Return Indexes ” United States Patent Application Publication Publication Number U.S. 2010/0174663 A1 July 8 2010."}, {"key": "e_1_2_13_28_1", "first-page": "43", "article-title": "Note on Graduation by Adjusted Average", "volume": "17", "author": "Henderson R.", "year": "1916", "journal-title": "Actuarial Society of America Transactions"}, {"key": "e_1_2_13_29_1", "doi-asserted-by": "publisher", "DOI": "10.24187/ecostat.2018.500t.1953"}, {"key": "e_1_2_13_30_1", "unstructured": "Koev E.andJ. M. C.Santos Silva “Hedonic Methods for Decomposing House Price Indices into Land and Structure Components ” Unpublished paper Department of Economics University of Essex England October2008."}, {"key": "e_1_2_13_31_1", "doi-asserted-by": "publisher", "DOI": "10.1016/S0166-0462(02)00028-5"}, {"key": "e_1_2_13_32_1", "doi-asserted-by": "publisher", "DOI": "10.1080/00420987120080431"}, {"key": "e_1_2_13_33_1", "unstructured": "Nishimura K. 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