The spatial interlocking of commercial office real estate and advanced producer services: a central flow theory lens

Downloads

References Allen, J. (2010). Powerful city networks: More than connections, less than domination and control. Urban Studies, 47(13), 2895–2911. Bassens, D., & van Meeteren, M. (2015). World cities under conditions of financialized globalization: Towards an augmented world city hypothesis. Progress in Human Geography, 39(6), 752–775. Baum, A. (2008). The emergence of real estate funds. In A. Petersen (Ed.), Real Estate Finance: Law, Regulation and Practice (pp. 383–406). LexisNexis. Baum, A. (2015). Real Estate Investment A Strategic Approach. Routledge. Beaverstock, J.V., Smith, R.G., Taylor, P.J., & Lorimer, H. (2000). Globalization and World Cities: Some Measurement Methodologies. Applied Geography, 20(1), 43-46. Blonigen, B. A., & Piger, J. (2014). Determinants of foreign direct investment. Canadian Journal of Economics/Revue canadienne d'économique, 47(3), 775-812. Borensztein, E., J. De Gregorio, & Lee, J.W. (1998). How does foreign direct investment affect economic growth? Journal of International Economics, 45(1), 115–135. Boussebaa, M., & Faulconbridge, J.R. (2019). Professional service firms as agents of economic globalization: A political perspective. Journal of Professions and Organisation, 6(1), 72-90. Branstetter, L. (2006). Is foreign direct investment a channel of knowledge spillovers? Evidence from Japan’s FDI in the United States. Journal of International Economics, 68(2), 325–344. Brenner, N., & Theodore, N. (2002). Cities and the geography of ‘actually existing neoliberalism’. In N. Brenner & N. Theodore (Eds.), Spaces of neoliberalism: Urban restructuring in North America and Western Europe (pp. 349–379). Blackwell. Brodzicki, T., & Uminski, S. (2018). A gravity panel data analysis of foreign trade by regions: the role of metropolises and history. Regional Studies, 52(2), 261-273. Burghardt, A.F. (1971). A hypothesis about gateway cities. Annals of the Association of American Geographers, 61(2), 269–285. Capello, R. (2000). The city network paradigm: Measuring urban network externalities. Urban Studies, 37(11), 1925–1945. Cartwright, S., & Shoenberg, R. (2006). Thirty years of mergers and acquisitions research: Recent advances and opportunities. British Journal of Management, 17(S1), S1-S5. Castells, M. (1996). The rise of the network society: Economy, society and culture (Volume I). Blackwell. Christaller, W. (1933/1966). Die zentralen Orte in Süddeutschland [1933], translated by C. W. Baskin as Central places in southern Germany. Prentice-Hall. Coakley, J. (1984). The integration of financial and property markets. Environment and Planning A: Economy and Space, 26(5), 697–713. Collins, J.D., Holcomb, T.R., Certo, S.T., Hitt, M.A., & Lester, R.H. (2009). Learning by doing: Cross-border mergers and acquisitions. Journal of Business Research, 62(12), 1329-1334. De Mello, L.R. (1999). Foreign direct investment led growth: Evidence from time series and panel data. Oxford Economic Papers, 51(1), 133–151. Derudder, B., & Pain, K. (2018) Global Chengdu: An analysis of Chengdu’s position in the global economy, Globalization and World Cities Network Research Project 105, November, 2018: https://www.lboro.ac.uk/microsites/geography/gawc/rb/Chengdu2018.pdf Derudder, B. & Taylor, P.J. (2018). Central flow theory: comparative connectivities in the world-city network. Regional Studies, 52(8), 1029-1040. Derudder, B. (2021). Network Analysis of ‘Urban Systems’: Potential, Challenges, and Pitfalls. Tijdschrift voor economische en sociale geografie, 112(4), 404-420. Derudder, B., & Taylor, P.J. (2020). Three globalizations shaping the twenty-first century: Understanding the new world geography through its cities. Annals of the American Association of Geographers, 110(6), 1831–1854. Florida, R., P. Adler, & Mellander, C. (2017). The city as innovation machine. Regional Studies, 51(1), 86-96. Friedmann, J. (1986). The world city hypothesis. Development and Change, 17(1), 69–83. Friedmann, J., & Wolff, G. (1982). World City Formation: An Agenda for Research and Action, International Journal of Urban and Regional Research, 6, 309-344. Glaeser, E.L., & Saiz, A. (2003). The rise of the skilled city. Harvard Institute of Economic Research Discussion Paper 2025. Harvard, Cambridge, MA. Halbert, L., & Attuyer, K. (2016). Introduction: The financialisation of urban production: Conditions, mediations and transformations. Urban Studies, 53(7), 1347–1361. Halbert, L., Henneberry, J., & Mouzakis, F. (2014a). Finance, business property and urban and regional development. Regional Studies, 48(3), 421–424. Halbert, L., Henneberry, J., & Mouzakis, F. (2014b). The financialisation of business property and what it means for cities and regions. Regional Studies, 48(3), 547–550. Halbert, L. & Rouanet, H. (2014). Filtering risk away: Global finance capital, transcalar territorial networks and the un-making of city-regions: An analysis of business property development in Bangalore, India. Regional Studies, 489(3), 471–484. Hall, P. (1966). The World Cities. Weidenfeld and Nicolson. Harvey, D. (1982). The Limits to Capital. Basil Blackwell. Harvey, D. (1985). The Urbanization of Capital: Studies in the History and Theory of Capitalist Urbanization, 2. Basil Blackwell. Henneberry, J., & Mouzakis, F. (2014). Familiarity and the determination of yields for regional office property investments in the UK. Regional Studies, 48(3), 530–546. Hoyler, M., Lizieri, C., Pain, K., Taylor, P., Vinciguerra, S., & Derudder, B. (2014). European cities in advanced producer services and real estate capital flows: a dynamic perspective. In K. Pain & G. Van Hamme (Eds.), Changing Urban and Regional Relations in a Globalizing World (pp. 115-137). Edward Elgar Publishing. Hoyler, M., & Pain, K. (2001). London and Frankfurt as world cities: changing local-global relations. In A. Mayr, M. Meurer & J.Vogt (Eds.), Stadt und Region: Dynamik von Lebenswelten (pp. 76-87). Deutsche Gesellschaft für Geographie Leipzig. Hyun, H. J., & Kim, H. H. (2010). The determinants of cross‐border M&As: the role of institutions and financial development in the gravity model. World Economy, 33(2), 292-310. Jacobs, W., Koster, H., & Hall, P. (2011). The Location and Global Network Structure of Maritime Advanced Producer Services. Urban Studies, 48(13), 2749–2769. Jandik, T., & Kali, R. (2009). Legal systems, information asymmetry, and firm boundaries: Cross-border choices to diversify through mergers, joint ventures, or strategic alliances. Journal of International Business Studies, 40(4), 578-599. Jones, C.A., & Trevillion, E, (2022), Real Estate Investment: Theory and Practice. Palgrave Macmillon Cham. Knox, P., & Pain, K. (2010). International Homogeneity in Architecture and Urban Development? Special issue on International Real Estate Markets, Global Real Estate Industry. Informationen zur Raumentwicklung (IzR), 34(2), 417–428. Lefebvre, H. (1974/1991). The production of space. Blackwell. Lin, G.C.S. (2017). Making sense of the uneven geography of urban and regional growth in the era of financialization: financial intermediation, institutions and markets, Area Development and Policy, 2(3), 245-250. Lizieri, C. (2009). Towers of Capital: Office Markets and International Financial Services. Wiley-Blackwell. Lizieri, C., & Mekic, D. (2018). Real estate and global capital networks: Drilling into the City of London. In M. Hoyler, C. Parnreiter and A. Watson (Eds.), Global city makers: Economic practices and actors in the world city network (pp. 60–82). Edward Elgar. Lizieri, C., & Pain, K. (2014). International office investment in global cities: The production of financial space and systemic risk. Regional Studies, 48(3), 439–455. Lizieri, C., & Pain, K. (2015, April 22). International office investment networks and capital flows in the financialization of city space (Paper presentation). Association of American Geographers (AAG) Conference, Chicago, Illinois, US. Madriaga, N., & Poncet, S. (2007). FDI in Chinese cities: Spillovers and impact on growth. World Economy, 30(5), 837–862. Massey, D. (2006). World City. Polity Press. Pain, K. (2018). Land Use Policy and Governance of Real Estate Development. In G. Squires, E. Heurkens and R. Peiser (Eds.), Routledge Real Estate Companion (pp. 370-384). Routledge. Pain, K., Black, D., Blower, J., Grimmond, C.S., Hunt, A., Milcheva, S., Crawford, B., Dale, N., Doolin, S., Manna, S., Shi, S., & Pugh, R. (2018). Supporting Smart Urban Growth: Successful investing in density. Urban Land Institute / New Climate Economy. Pain, K., Shi, S., Black, D., Blower, B., Grimmond, S., Hunt, A., Milcheva, S., Crawford, B., Dale, N., Doolin, S., & Manna, S. (2020) Real estate investment and urban density: Exploring the PUR territorial governance agenda using a topological lens, Territory, Politics, Governance Advance online publication: https://doi.org/10.1080/21622671.2020.1837665 Pain, K., & Van Hamme, G. (Eds.), Changing Urban and Regional Relations in a Globalizing World (pp. 115-137). Edward Elgar Publishing. Rocco, R., & van Ness, A. (2005). The location of advanced producer services and urban change: A space syntax approach. 5th International Space Syntax Proceedings. Delft University of Technology The Netherlands. Rodríguez-Pose, A., & Zademach, H-M. (2003). Rising metropoli: the geography of mergers and acquisitions in Germany. Urban Studies, 40(10), 1895-1923. Roy, A., & Ong, A. (2011). Worlding cities: Asian experiments and the art of being global. Wiley-Blackwell. Sassen, S. (2001 [1991]). The global city. Princeton University Press. Sassen, S. (2000 [1994]). Cities in a world economy. Pine Forge Press. Sassen, S. (2002). Global networks, linked cities. Routledge. Scholvin, S., Breul, M., & Diez, J.R. (2019). Revisiting gateway cities: connecting hubs in global networks to their hinterlands. Urban Geography, 40(9), 1291-1309. Sigler, T.J., & Martinus, K. (2017). Extending beyond ‘world cities’ in world city network (WCN) research: Urban positionality and economic linkages through the Australia-based corporate network. Environment and Planning A: Economy and Space, 49(12), 2916–2937. Sigler, T., Neal, Z.P., & Martinus, K. (2021). The brokerage roles of city-regions in global corporate networks. Regional Studies. Epub ahead of print 10 August 2021. Advance online publication: https://doi.org/10.1080/00343404.2021.1950914. Sirmans, C.F., & Worzala, E. (2003). International Direct Real Estate Investment: A Review of the Literature. Urban Studies, 40(5/6), 1081-1114. Sklair, L. (2006). Capitalist globalization: Fatal flaws and necessity for alternatives. Brown Journal of World Affairs, 13(1), 29-37. Taylor, P.J. (2001). Specification of the world city network. Geographical Analysis 33(2), 181–194. Taylor, P.J. (2004). World City Network: A global urban analysis. Routledge. Taylor, P.J., Hoyler, M., & Verbruggen, R. (2010). External urban relational process: Introducing central flow theory to complement central place theory. Urban Studies, 47(13), 2803–2818. Tesar, L. L., & Werner, I. M. (1995). Home bias and high turnover. Journal of International Money and Finance, 14(4), 467-492. Thrift, N. (1999). Cities and economic change: Global governance? In J. Allen, D. Massey & M. Pryke (Eds.), Unsettling Cities (pp. 271-321). Routledge. Van Loon, J., & Albers, M.B. (2017). How real estate became ‘just another asset class’: The financialisation of the investment strategies of Dutch institutional investors. European Planning Studies, 25(2), 221–240. Van Meeteren, M., & Poorthuis, A. (2018). Christaller and “big data”: recalibrating central place theory via the geoweb. Urban Geography, 39(1), 122-148. Wojcik, D. (2018). The Global Financial Networks. In G.L. Clark, M.P. Feldman, M.S. Gertler & D. Wójcik (Eds.), The New Oxford Handbook of Economic Geography (pp. 557-574). Oxford University Press. Zademach, H-M., & Rodríguez-Pose, A. (2009). Cross-border M&As and the changing economic geography of Europe. European Planning Studies, 17(5), 765-789. Zhu, B., & Lizieri, C. (2021). Connected markets through global real estate investments. Real Estate Economics, 49(S2), 618-654. Zhu, B., Pain, K., Derudder, B., & Taylor, P. (2022). Exploring External Urban Relational Processes: Inter-city Financial Flows complementing Global City-Regions. Regional Studies, 56(5), 737-750.