An international analysis of real estate journals

Pages454-472
DOIhttps://doi.org/10.1108/14635780210446478
Publication Date01 December 2002
Date01 December 2002
AuthorGraeme Newell,Peter Acheampong,Roger Juchau,Chau Kwong Wing,James R. Webb
SubjectProperty management & built environment
JPIF
20,6
454
Journal of Property Investment &
Finance, Vol. 20 No. 6, 2002,
pp. 454-472. #MCB UP Limited,
1463-578X
DOI 10.1108/14635780210446478
ACADEMIC PAPERS
An international analysis of
real estate journals
Graeme Newell, Peter Acheampong, Roger Juchau
School of Construction, Property and Planning, University of Western
Sydney, Australia
Chau Kwong Wing
Department of Real Estate and Construction, University of Hong Kong,
Hong Kong, and
James R. Webb
Department of Finance, Cleveland State University, Cleveland,
Ohio, USA
Keywords Real estate, Journal publishing
Abstract The leading real estate journals in the USA, UK, Asia and Australia are analysed
over 1991-2000 to assess the impact of international real estate research in these journals. It is
found that the focus on international real estate has expanded considerably in recent years, with
this focus more evident in the leading UK real estate journals rather than the leading USA real
estate journals. Reasons for this difference between the USA and UK real estate journals are
identified. Issues relating to international authorship are assessed, with the leading international
authors and universities identified.
Introduction
The real estate journals form the basis for the body of knowledge in the real
estate discipline. As such, the last 15 years has seen an extensive analysis of
the real estate journals to examine a range of issues, including:
.the ranking of real estate journals (Albert and Chandy, 1986; Diaz et al.,
1996; Gibler and Ziobrowski, 2002; Redman et al., 1999; Smith and
Greenwade, 1987; Webb and Albert, 1995);
.the ranking of author and university productivity (Clauretie and
Daneshvary, 1993; Dombrow and Turnbull, 2000, 2002; Judd, 1996; Ong
et al., 2001; Sa-Aadu and Shilling, 1988);
.author concentration (Chung and Kolbe, 1991);
.the ranking of author productivity in specific journals, including Real
Estate Economics (Sa-Aadu and Shilling, 1988), Journal of Real Estate
Finance and Economics (Dombrow and Turnbull, 2000) and Journal of
Real Estate Research (Judd, 1996);
.factors influencing author's journal selection (Gibler and Ziobrowski,
2002; Ziobrowski and Gibler, 2000);
.journal contributions on Asian real estate markets (Chau, 1998).
The research register for this journal is available at
http://www.emeraldinsight.com/researchregisters
The current issue and full text archive of this journal is available at
http://www.emeraldinsight.com/1463-578X.htm
Academic papers:
Analysis of real
estate journals
455
In examining these issues, a range of bibliometric techniques were utilised,
including citation analysis (Clauretie and Daneshvary, 1993; Redman et al.,1999)
and subjective ranking of journals by surveys of academics, AACSB deans,
practitioners and academic associations such as AREUEA, ARES, and FMA
(Albert and Chandy, 1986; Diaz et al., 1996; Gibler and Ziobrowski, 2002; Smith
and Greenwade,1987; Webb and Albert, 1995;Ziobrowski and Gibler,2000).
Similarly, with the increased globalisation of real estate markets and the
establishment of the International Real Estate Society (IRES) and the six
regional real estate societies, international real estate has also taken on
increased research significance in the last ten years. This is amply reflected in a
number of the leading real estate journals devoting special issues to specific
aspects of international real estate in recent years, as shown below:
(1) Real Estate Economics. 1995: European housing and mortgage markets.
(2) Journal of Real Estate Finance and Economics:
.1993: Asian real estate markets;
.1997: European real estate.
(3) Journal of Real Estate Research:
.1996: international real estate investment;
.1997: international real estate investment.
(4) Journal of Property Finance. 1996: Asia-Pacific real estate.
(5) Journal of Property Valuation and Investment. 1997: European real
estate investment.
(6) Journal of Property Research. 2000: Asia-Pacific real estate.
It is therefore important that the impact of international real estate in the real
estate journals is critically assessed. Only Dombrow and Turnbull (2000) have
briefly attempted to examine international contributions to the real estate
journals, noting an increased contribution by international authors to the
Journal of Real Estate Finance and Economics in recent years. Ong et al. (2001)
also assessed 11 US and UK real estate journals to examine cross-continental
publishing and the presence of home bias in these journals.
The purpose of this paper is to critically review the real estate journals over
1991-2000 to assess a range of key research issues relating to international real
estate, including:
.Has the focus on international real estate expanded in recent years?
.What are the leading journals for international real estate research?
.What are the key areas in international real estate research?
.Is joint authorship increasing for international real estate research?
.Who are the key authors and universities in international real estate
research?

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