A Study on the Change in the Sale Price of Neighborhood Commercial Building before and after the Integration of Administrative Region in Cheong-ju City

2020 ◽  
Vol 18 (2) ◽  
pp. 127-145
Author(s):  
Hyeong Ha Jeon ◽  
Jae Ho Chung
Author(s):  
Nilzemar Da Silva Mariano ◽  
Livia Da Silva Oliveira ◽  
David Barbosa de Alencar ◽  
Eliton Smith dos Santos

The present study has as main objective to verify the reduction of electric energy consumption, allied to the possible economic-financial and environmental benefits that are associated with the use of LED lamps in a commercial building, where it develops office activities covering only part of the building. , which served as the experimental basis for the application of the case study, initiated after a survey of the electrical and constructive characteristics of the luminaires installed on site. In research conducted in the local market specialized in the subject, we selected lamps that are more easily found, analogous to those already installed, manufactured by traditional companies in the field. The monitoring of lighting loads was made by measuring by specific equipment and simulation of energy billing according to the rules of calculations established in rules governed by government agencies and tariff framework in which the building is in both scenarios, before and after lamp replacement. Providing financial technical evaluation through the use of indicators that show the viability of this substitution.


2019 ◽  
Vol 6 (2) ◽  
pp. 285-308
Author(s):  
Cheung King Man

Language is never just an instrument of communication, but also a political symbol. Translators, interpreters, and other language professionals working for governments and international organizations often have to take their personal preference out of the equation while taking into account the legal and political connotations in choosing the most appropriate words and expressions when handling official documents relating to international relations, public administration, and law. The case of Hong Kong is probably one of the best examples illustrating the interface between language and politics. Of particular note is the equal status enjoyed by the Chinese and English languages. Translators and interpreters working for the Hong Kong government both before and after 1997 have to consider legal and political factors in performing their duties. Translation or interpretation is no longer just a matter of language and communication, but also serves legal and political purpose. With reference to the political discourse relating to the change in Hong Kong’s political status from a British dependent territory to a special administrative region of the People’s Republic of China, what then are the legal and political connotations of words and expressions that translators and interpreters of the Hong Kong government have to consider? To answer this question, the author is writing this paper with at least two identities: a practitioner and a researcher. As a practitioner, the author has been a translator and conference interpreter serving at high-level meetings between the Hong Kong government and the authorities of the Mainland of China for more than ten years. As a researcher, the author is developing a theoretical framework by having dialogues with the relevant political discourse that he himself has participated in producing. The author has integrated discourse analysis with his first-hand experience as a translator and conference interpreter, borrowing concepts from such disciplines as international relations, politics, law, and translation.


2019 ◽  
Vol 33 (2) ◽  
pp. 829-865
Author(s):  
Sivan Frenkel

Abstract I analyze a dynamic model of over-the-counter asset sales in which the seller receives stock-sensitive compensation, and the transaction conveys information about the firm’s value. I examine how the market’s response to an asset sale feeds back to the seller’s decision on the timing and the sale price and analyze the unique pattern of stock prices before and after the sale. The implications of bargaining power, inventories, gains from synergy, and the introduction of a vesting period are discussed. The model sheds light on observed properties of corporate sell-offs and explains market dry-ups during downturn periods. Authors have furnished an Internet Appendix, which is available on the Oxford University Press Web site next to the link to the final published paper online.


Author(s):  
Sandy Bond ◽  
Sofia Dermisi

Purpose Canterbury, New Zealand, experienced two significant earthquakes in 2010 and 2011 with a devastating impact on both houses and land. Negative media attention to the potential financial risks of living near or on the new Technical Category 3 (TC3) land or on land in a flood zone has fuelled the perception of uncertainty over the negative property price impacts. This research aims to determine if residents’ perceptions of the risks associated with various types of land zones (e.g. TC1, TC2 and TC3) are reflected in property prices. Design/methodology/approach This research analyses sale price patterns and the relationship between sale prices and house characteristics before and after both earthquakes. A three-step approach was taken by applying: an average trend analysis, Geographic Information Systems’ (GIS) hotspot analysis to identify possible spatial differentiations between the before and after-effects of the earthquakes and hedonic modelling to quantify the effect of house characteristics on sale price while controlling for and comparing three land zones (TC1 to TC3). Findings The data suggest that average sale prices increased after both quakes in TC1 and TC2 in contrast to TC3 zones, while close to 8,000 structures were demolished in red zones from 2010-2013 (supply was reduced). The econometric modelling suggests that higher sale prices are achieved by: newer houses across all land zones and more recent sale agreements only in TC1 and TC2 zones. Other observations include the effect of certain exterior façade materials on sale prices on the overall data set and in the individual TC1 and TC3 zones. In conclusion, the results suggest that although caution might exist for the TC3 zone, the quality of the house can override the stigma attached to the TC3 zones. Research limitations/implications A confounding factor in the research was that approximately 7,800 homes were rezoned red and/or demolished between 2010 and 2013 changing the supply and demand balance. Further, banks and other lenders updated their requirements for new lending on properties in the Canterbury region, requiring a number of reports from professionals such as structural engineers, geotechnical engineers and valuers before any new lending would be approved. Additionally, immediately after the September and February earthquakes, there was a 21-day stand-down period for earthquake-cover in Canterbury and without adequate insurance cover banks would not advance mortgage money, causing a short-term slowdown in the residential property market. Practical/implications The outcomes of this research will be of interest to government agencies tasked with assessing compensation for affected property owners. For example, the Earthquake Commission (EQC) developed a Diminution of Value Methodology for Increased Flooding Vulnerability that formed the basis of a High Court declaratory judgment decision in December 2014 that cleared the way for the EQC to start settling properties with increased flooding vulnerability. The EQC methodology was informed by the results of similar studies to this one, from around the world. Homeowners and rating valuers will also be interested in the results to understand how house prices have been affected by market perceptions towards earthquake damage, particularly in the worst-affected areas. Originality/value This study fills a research void regarding the price impacts of residents’ perceptions of the risks associated with various types of land zones that reflect the expected future liquefaction performance of the land.


2019 ◽  
Vol 6 (1) ◽  
pp. 68-86
Author(s):  
Nurmaya Sari ◽  
Abd. Jamal ◽  
Chenny Seftarita

Abstract The purpose of this study was to analyze the comparison of budget management before and after the formation of the new administrative region in Pidie Regency. The data used for this study were the total value of Gross Regional Domestic Product (PDRB) toward constant price, total population and investment obtained from the Financial and Asset Management Board (BPKAD) and Central Statistics Agency of Pidie for the period 2002-2016. The analysis method used in this study was multiple linear regression with the ordinary least square (OLS) method and a dummy variable to distinguish the effect before and after the formation of new administrative regions. The results showed that the investment the BRDP affected locally-generated revenue (PAD), while the number of the population has an adverse effect on PAD. There was the negative difference on PAD before and after the formation of the new administrative region. On the contrary, the variables of BRDP, number of population, and the investment have a significant influence on PAD in Pidie Regency. The government must be more careful in budgeting how much it costs to realize all the income it receives so that it can be seen whether the revenue collection activities are efficient or not. This needs to be done because even though the regional government has succeeded in realizing revenue receipts according to the targets set, the success is less significant if it turns out that the costs incurred to realize the revenue target are greater than the realization of the income it receives.


Author(s):  
J. Temple Black

Tool materials used in ultramicrotomy are glass, developed by Latta and Hartmann (1) and diamond, introduced by Fernandez-Moran (2). While diamonds produce more good sections per knife edge than glass, they are expensive; require careful mounting and handling; and are time consuming to clean before and after usage, purchase from vendors (3-6 months waiting time), and regrind. Glass offers an easily accessible, inexpensive material ($0.04 per knife) with very high compressive strength (3) that can be employed in microtomy of metals (4) as well as biological materials. When the orthogonal machining process is being studied, glass offers additional advantages. Sections of metal or plastic can be dried down on the rake face, coated with Au-Pd, and examined directly in the SEM with no additional handling (5). Figure 1 shows aluminum chips microtomed with a 75° glass knife at a cutting speed of 1 mm/sec with a depth of cut of 1000 Å lying on the rake face of the knife.


Author(s):  
R. F. Bils ◽  
W. F. Diller ◽  
F. Huth

Phosgene still plays an important role as a toxic substance in the chemical industry. Thiess (1968) recently reported observations on numerous cases of phosgene poisoning. A serious difficulty in the clinical handling of phosgene poisoning cases is a relatively long latent period, up to 12 hours, with no obvious signs of severity. At about 12 hours heavy lung edema appears suddenly, however changes can be seen in routine X-rays taken after only a few hours' exposure (Diller et al., 1969). This study was undertaken to correlate these early changes seen by the roengenologist with morphological alterations in the lungs seen in the'light and electron microscopes.Forty-two adult male and female Beagle dogs were selected for these exposure experiments. Treated animals were exposed to 94.5-107-5 ppm phosgene for 10 min. in a 15 m3 chamber. Roentgenograms were made of the thorax of each animal before and after exposure, up to 24 hrs.


Author(s):  
M. H. Wheeler ◽  
W. J. Tolmsoff ◽  
A. A. Bell

(+)-Scytalone [3,4-dihydro-3,6,8-trihydroxy-l-(2Hj-naphthalenone] and 1,8-di- hydroxynaphthalene (DHN) have been proposed as intermediates of melanin synthesis in the fungi Verticillium dahliae (1, 2, 3, 4) and Thielaviopsis basicola (4, 5). Scytalone is enzymatically dehydrated by V. dahliae to 1,3,8-trihydroxynaphthalene which is then reduced to (-)-vermelone [(-)-3,4- dihydro-3,8-dihydroxy-1(2H)-naphthalenone]. Vermelone is subsequently dehydrated to DHN which is enzymatically polymerized to melanin.Melanin formation in Curvularia sp., Alternaria sp., and Drechslera soro- kiniana was examined by light and electron-transmission microscopy. Wild-type isolates of each fungus were compared with albino mutants before and after treatment with 1 mM scytalone or 0.1 mM DHN in 50 mM potassium phosphate buffer, pH 7.0. Both chemicals were converted to dark pigments in the walls of hyphae and conidia of the albino mutants. The darkened cells were similar in appearance to corresponding cells of the wild types under the light microscope.


Sign in / Sign up

Export Citation Format

Share Document