scholarly journals An Empirical Study of the Impact of Metro Station Proximity on Property Value in The Case of Nanjing, China

2014 ◽  
Vol 2 (4) ◽  
pp. 61-71
Author(s):  
Xinyue Zhang ◽  
Yanqing Jiang

This paper analyzes the impact of metro station proximity on property value from both theoretical and empirical perspectives. Data on second-hand apartments within six kilometers of metro line 1 and 2 stations in Nanjing are used. Our empirical results show that metro station proximity has a positive partial effect on property value. The degree of impact diminishes with the increase of the distance. The extent of impact reaches the largest when the distance is less than five hundred meters, and is still remarkable when the distance is within two kilometers. The effect becomes insignificant when the distance is larger than two kilometers. Our empirical results also show that with the distance increasing, the extent of price variation is widened first, reaching a peak when the property is within one kilometer, and then decreases. In addition, metro station proximity in suburban areas is shown to have a higher positive impact on property value compared with metro station proximity in urban areas.

Author(s):  
Qinghua Huang ◽  
Xiding Chen ◽  
Mi Zhou ◽  
Xiaoqin Zhang ◽  
Lingling Duan

In this paper, we conduct an empirical study on the impact of CEOs’ environmental awareness on technological innovation. To this end, we obtain a large sample with 7615 observations from Chinese A-share listed firms between the years of 2003 and 2014. Our empirical results show that a CEO’s environmental awareness has a significant positive impact on technological innovation of his/her enterprise. Environmentally conscious CEOs will invest more in R&D and obtain more patents. This will help their enterprises achieve higher efficiency of technological innovation. Furthermore, the environmental awareness of a CEO has a more significant impact on technological innovation if his/her enterprise is subject to a higher level of monitoring. We also conduct robustness check of our findings and provide managerial insights and proactive government policies to raise the environmental awareness of CEOs and improve the innovation vitality of enterprises.


2019 ◽  
Vol 12 (2) ◽  
pp. 47-56
Author(s):  
Cosmina-Ștefania Chiricu

AbstractThe Southern Region of Europe is economically well-developed with highly industrialized urban areas and with great agricultural potential. The empirical analysis is based on an econometric assessment that measures the impact of the VAT on the rate of economic growth for years between 1996 and 2017. The empirical evidence highlighted a significant positive impact of VAT on economic growth, but a poor and ineffective use of the tax revenues during the period under review. Moreover, evidence revealed relatively high rates of VAT in the countries analyzed, with negative impact on the aggregate consumption and a diminishing effect of the consumer’s income.


2019 ◽  
Vol 39 (4) ◽  
pp. 400-414 ◽  
Author(s):  
Mesut Çiçek ◽  
Sevincgul Ulu ◽  
Can Uslay

The Slow City (Cittaslow) concept represents an emerging global trend where participant small cities commit to growing sustainably by preserving their authenticity while celebrating their local culture and diversity. Meanwhile, marketers increasingly find authenticity to be critical for campaigns with efficacy. Using a sample of 762 residents from slow cities, neighboring cities, and other Turkish cities, the authors empirically examine the Slow City movement and demonstrate its positive impact on place authenticity. Slow City membership also positively moderates the effect of perceived authenticity on both perceived entrepreneurial opportunities and economic development, which positively impact quality of life and intention to stay respectively. The results also indicate that the benefits of the Slow City movement spill over to neighboring cities. The Slow City movement offers much promise for place marketing and has potential to slow down the heavy migration from rural to urban areas in emerging markets.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ling Zhang ◽  
Minghui Zheng ◽  
Zheyan Zhang

PurposeThis paper aims to study the impact of land options on the land transfer behaviour of Chinese city governments.Design/methodology/approachBased on the institutional environment of Hangzhou, China, the option pricing model is used to measure the option value of the trading plots. The effect of the option value on the land transfer price and the timing of transfers are estimated respectively, using the hedonic price model and the survival analysis models.FindingsThe results show that the option value has a significant explanation on land price and timing of land transfers. Under the effect of option value, the positive impact of fiscal pressure on the possibility of land transfer weakens. From the perspective of the annual option premium rate, the option premium is closely related to the real estate cycle. Option premiums are higher during booms but lower during recessions and in new urban areas.Practical implicationsBy revealing the distinction of land option premiums in different places and times, this paper provides a reference for city governments seeking a balance between real estate regulation and obtaining more land revenue.Originality/valueBy introducing policy variables that reflect the degree of tightness of real estate regulation and indicators of local government financial pressure, the paper discusses the impact of options on the transfer behaviour of local governments in different situations.


2000 ◽  
Vol 2 (1) ◽  
pp. 27-36 ◽  
Author(s):  
Aviad A. Israeli ◽  
Natan Uriely

The purpose of this paper is to investigate the pricing decisions of hotels in an effort to ascertain whether corporate affiliation and stars influence hotels' pricing decisions. The findings suggest that high-quality (ie four- and five-star) hotels tend to be affiliated with chains and signal this affiliation using a naming strategy. In addition, the industry-based star rating system explains a large part of the price variation. The impact of corporate affiliation, modelled as the size of the corporation, has a relatively smaller, but overall positive, impact on price. An investigation of different locations reveals that the intensity of corporate affiliation, and specific characteristics of the consumers' market in each location are also significant in explaining the hotels' pricing decisions.


2021 ◽  
Vol 2 (2) ◽  
pp. 255-263
Author(s):  
Anis Aisyah Nur Aini ◽  
Husnul Hadi ◽  
Agus Wiyanto

The impact of the outbreak of Covid-19 is extraordinary, especially in the field of education. Students must be able to participate in online-based learning because it is not possible to study in schools which are still a threat to students as a place for virus transmission. The COVID-19 pandemic has brought concerns to the implementation of education and learning in junior high schools, the most severe conditions experienced by schools that are far from urban areas with limited internet access and infrastructure. The method used in this study is a qualitative research method. Qualitative research does not use a population and sample approach. Testing the credibility of the data or trust in the results of qualitative research, among others, is carried out by extending observations, increasing persistence in research, triangulation, discussions with colleagues, negative case analysis, and member checking. Data analysis carried out is data reduction, data display, and conclusion drawing/verification. From the results of the research, all teachers explained that this pandemic had a positive impact on the giving and receiving of written materials. This happened because there was quite a lot of time in the provision of material. Because the material could be conveyed to students quite well, the students' written test scores increased significantly. the negative impact is that the child cannot practice optimally. Because there is one school that does not practice at all, namely SMP Muhammadiyah 1 Blora. The teacher does not allow students to practice because of many considerations. Meanwhile, SMP N 5 Blora, SMP N 7 Blora and SMP Plus Insan Gemilang continue to apply the practice for their students, but only on certain materials that are not classified as dangerous. Based on the results of the study and the data obtained by the researchers, it can be concluded that this study obtained the results that the covid-19 pandemic had an impact on physical education learning in Blora City. These impacts include negative and positive impacts for teachers, students and parents.


Author(s):  
Tran Long

This research article reviewed related literatures on strategic management of commercial banks; proposed the research model and measured the impact of factors on strategic management in Vietnam commercial banks. Applying the Structural Equation Modelling (SEM) based on the Partial Least Squares(PLS) approach, the empirical study in the case of BIDV revealed that reputation factor has most positive impact on the strategic management of the bank. Other following factors have positive impact on the strategic management ranking from the highest to the lowest order including macro environment, bank resources, management style, competitiveness among rivals and structure of ownership. Based on the result of the research, the study has recommended several implications that can be highly applied for the bank management to effectively improve their strategic management in practice.


2021 ◽  
Author(s):  
Harshika Singh ◽  
Gaetano Cascini ◽  
Christopher McComb

Abstract The ongoing COVID-19 pandemic has accelerated the acceptance of virtual team collaboration as a replacement for face-to-face collaboration. Unlike face-to-face collaboration, virtual collaboration has different factors like technology mediation influencing communication that affects a team’s processes. However, there is a lack of rigorous research that assesses the impact of virtual teaming on the engineering design process. Therefore, the current study investigates the effect of virtual team collaboration on design outcomes by means of the MILANO (Model of Influence, Learning, and Norms in Organizations) framework. To tailor MILANO for virtual collaboration, this paper first presents an empirical study of human design teams, that shows how the model parameters for face-to-face collaboration (like self-efficacy, perceived influencers, perceived degree of influence, trust and familiarity) must be modified. The empirical study also shows the positive impact of effective communication on conflict resolution, task cohesion and the model parameters listed above. The simulation results for both virtual and face-to-face collaboration show how design outcomes differ with collaboration mode.


2020 ◽  
Vol 15 (03) ◽  
pp. 2050010
Author(s):  
NGUYEN MINH HA ◽  
BUI HOANG NGOC ◽  
MICHAEL MCALEER

The paper investigates the impact of financial integration and energy consumption on economic growth in Vietnam during the period 1986–2017. By applying the Autoregressive Distributed Lag ARDL) approach proposed by Pesaran et al. [Pesaran, MH, Y Shin and RJ Smith (2001). Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics, 16(3), 289–326.] and the bounds cointegration test, the empirical results show the existence of long-term cointegration among all the variables, and that an increase in financial integration leads to an increase in economic growth in the long run. There is a positive impact of energy consumption on growth in both the short run and long run. The causality test of Toda and Yamamoto [Toda, HY and T Yamamoto (1995). Statistical inference in vector autoregressions with possibly integrated processes. Journal of Econometrics, 66(1–2), 225–250.] confirm that there is bi-directional causality between the pairs, financial integration and economic growth, and energy consumption and growth, which support the feedback hypothesis. However, there is only uni-directional causality from energy consumption to financial integration. The empirical results should be of major empirical importance for public policy decision-makers to plan sustainable development goals for Vietnam.


2016 ◽  
Vol 10 (03) ◽  
pp. 13-28
Author(s):  
Sabda Elisa Priyanto

The study will analyze the impact of tourism by the type of special interest tourism to the environment. Impact on the coast and islands, the impact on vegetation, the impact wildlife, and the impact on urban areas and rural areas. Positive impact on the coast and the island is the effort for preservation and conservation of coral reefs, reef fish, giant clams and turtles, and encouraged to make environmentallyfriendly tourism activities. The negative impact is a damage to coral reefs from snorkeling activities, and the loss of traditional land allotment to the beach. The positive impact on vegetation is their attempt to biodiversity and conservation of vegetation typical of Publications, and reforestation activities is to replant mangrove. Negative impacts on vegetation is illegal logging and the clearing of trees to increase tourist attraction as supporters of the main activities. commercialization of the plant for souvenirs. Positive impact on wildlife is their conservation, preservation, and biodiversity, the breeding of animals and relocating the animals to their natural habitat. The negative impact is going hunting animals as souvenirs and tourist consumption, harassment of wildlife photography, animal exploitation for pertujukan, changes in animal instincts, and the migration of animals. Positive impact on urban areas and rural areas is happening arrangement karimunjawa towns and villages, and their empowerment. The negative impact of pressure on the land for the opening of a new tourist attraction, there are exchange in the function of residential land into commercial land, and the occurrence of traffic congestion, noise pollution, air pollution, and pollution aesthetics.  Keywords: Environmental Impact, Tourism, Snorkeling


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