scholarly journals DYNAMICS AND ASYMMETRIC RENT ADJUSTMENTS IN THE OFFICE MARKET IN WARSAW

2020 ◽  
Vol 24 (6) ◽  
pp. 428-440
Author(s):  
Krzysztof Nowak ◽  
Michal Gluszak ◽  
Stanislaw Belniak
Keyword(s):  
Supply And Demand ◽  
Commercial Real Estate ◽  
Property Market ◽  
Demand Shock ◽  
Demand And Supply ◽  
Correction Model ◽  
Real Estate Markets ◽  
Basic Model ◽  
Office Market ◽  
Major Property

Dynamics of rent, vacancy, supply and demand on the office market of emerging commercial real estate markets have long been under-researched. The paper fills the gap in economic literature by investigating the growing office market in Warsaw. In particular, we evaluate whether the influence of demand and supply shocks differ depending on the current market conditions. Using Error Correction Model approach, we investigated the rent adjustments on the office market in Warsaw, which is the major property market in Central and Eastern Europe. We replaced variables of the basic model with asymmetric variables to check for asymmetric adjustments in the office market. The study period covers data from 2005:1Q to 2016:1Q. The empirical results suggest that demand shock had a stronger impact on rent when the market vacancy rate was below the average for the period considered. Additionally, the demand shock had a stronger impact on rent when the rent was above the equilibrium level.

scholarly journals The macroeconomic effects of COVID-19 in Montenegro: a Bayesian VARX approach

2020 ◽  
Vol 6 (1) ◽  
Author(s):  
Gordana Djurovic ◽  
Vasilije Djurovic ◽  
Martin M. Bojaj
Keyword(s):  
Human Capital ◽  
Capital Stock ◽  
Economic Freedom ◽  
Supply And Demand ◽  
Health Expenditures ◽  
Highly Qualified ◽  
Demand And Supply ◽  
Policy Responses ◽  
Out Of Sample ◽  
Policy Measures

Abstract This study examines, diagnoses, and assesses appropriate macroeconomic policy responses of the Montenegrin Government to the outbreak of COVID-19. The model econometrically measures the macroeconomic costs using a Bayesian VARX Litterman/Minessota prior to the pandemic disease in terms of demand and supply loss due to illness and closed activities and their effects on GDP growth in various pandemic scenarios. We explore five economic scenarios—shocks—using the available data from January 2006 to December 2019, following real out-of-sample forecasts generated from January 2020 to December 2020. Sensitivity scenarios spanning January 2020 to June 2020 from ± 10 to ± 60% were analyzed. We observed what happens to the supply and demand sides, namely, GDP, tourism, capital stock, human capital, health expenditures, economic freedom, and unemployment. The results show a toll on the GDP, tourism, unemployment, capital stock, and especially human capital for 2020. The recommended policy measures are public finance spending initiatives focused on securing employment and keeping highly qualified staff in Montenegrin companies. Considering all uncertainties, the rebound of the Montenegrin economy could take a few years to reach pre-COVID 19 output levels.

Managerial Economics – Family Medicine Care

2021 ◽  
Vol 1 (2) ◽  
Author(s):  
Ecler Jaqua ◽  
Terry Jaqua ◽  
Van Nguyen
Keyword(s):  
Family Medicine ◽  
Service Providers ◽  
Supply And Demand ◽  
Pricing Strategy ◽  
Demand And Supply ◽  
Business Opportunity ◽  
Is Research ◽  
The Us ◽  
Managerial Economics

Supply and demand are amongst the essential requirements before starting up a business. Understanding the quantity of a commodity wished to be sold by producers based on different prices and the item needed by consumers wish purchasing is essential in coming up with ideas. Based on the understanding of this and background research on costs in healthcare, specifically family medicine, it is found that healthcare is amongst the essential requirements, and thus the critical focus of the business idea in a physician’s practice focusing on family medicine care in the US. Starting up the business is based on healthcare demands in the market and further the pricing strategy utilized by most family medicine clinics. Through a connection to the business based on visits in hospitals and the quality offered by these service providers, it is noted that the demand is high and is the most expensive sector in the world, but care is ineffective (The Peterson Center on Healthcare, n.d.) thus leading to searching for effective alternatives by consumers. This creates a potential for offering the most effective services to cater to the demands, and as noted by the Peterson Center on Healthcare (n.d.), the US healthcare system is the most expensive, and costs are projected to grow dramatically in the coming years thus creating the most significant business opportunity to entrepreneurs. By adjusting the resources and trying to cater to the demand in various locations, the key idea is to cater to the need and profit from the sector. The concern of gaining information in the market is research on different healthcare websites and the prices offered and the quality of their services. This will aid in adjusting the prices effectively and thus retaining the demand and supply chain.

scholarly journals PERSONNEL SUPPLY AND DEMAND FOR CIVIL AVIATORS IN TAIWAN

Transport ◽  
2007 ◽  
Vol 22 (4) ◽  
pp. 256-262 ◽  
Author(s):  
Chin-Tsai Lin ◽  
Pin-Ju Juan
Keyword(s):  
Moving Average ◽  
Transition Probability ◽  
Supply And Demand ◽  
Grey Theory ◽  
Demand And Supply ◽  
Study Results

This work was based on data from 2000–2005 provided by the Civil Aeronautics Administration Ministry of Transportation and Communications, and applied the GM (1,1) model of Grey theory to forecast annual demand and supply for civil aviators in Taiwan. This work adopted a five‐year moving average to calculate the transition probability for civil aviators in Taiwan from 2006–2010 considering various levels of seniority. The study results provide a valuable reference for the relevant authorities in identifying the manpower policies of Taiwanese airlines.

Demographic Change, Prostitution, and Sexually Transmitted Infection Rates in China

2016 ◽  
Author(s):  
Avraham Ebenstein ◽  
Ethan J. Sharygin
Keyword(s):  
Sex Work ◽  
Sex Workers ◽  
Census Data ◽  
Supply And Demand ◽  
Transmitted Infection ◽  
Demand And Supply ◽  
Sexually Transmitted ◽  
Policy Responses ◽  
Large Numbers ◽  
History Of

China has experienced an explosion in the sex ratio at birth, with 25 million more men than women younger than 20 (2005 census). This chapter examines the implications of large numbers of men failing to marry on the supply-and-demand dynamics of sex work, with a focus on how this affects the prevalence of sexually transmitted infections (STIs). The chapter begins with a history of prostitution in China and describes the massive increase in sex work following economic reforms in the late 1970s. It then analyzes the current dynamics of demand and supply for sex work in China, using national census data and detailed microdata on sex workers. The authors find a clear link between high-population sex ratios, the prevalence of sex work, and STI rates. The analysis concludes with projections for the future and a discussion of policy responses in light of an anticipated increase in sex work.

Potential Changes in the Demand and Supply Sides in the Construction Industry

2019 ◽  
pp. 187-202
Author(s):  
Begum Sertyesilisik
Keyword(s):  
Literature Review ◽  
Natural Resources ◽  
Social Development ◽  
Construction Industry ◽  
Undergraduate Students ◽  
Supply And Demand ◽  
Demand And Supply ◽  
Environmental Footprints ◽  
Innovative Economy ◽  
Industry Professionals

Sustainability of the economy depends on the reduction of the environmental footprint of the supply and demand as economy relies on the production enabled by natural resources. The construction industry is one of the major industries influencing sustainable and social development. The construction industry and the built environment, however, have important environmental footprints. Therefore, the demand and supply sides in the construction industry must be transformed into more sustainable ones. Furthermore, the principles and emerging concepts of sustainable and innovative economy need to be adopted by the construction industry. Based on an in-depth literature review, this chapter focuses on the integration and impacts of the emerging concepts for the sustainable and innovative economy in the construction industry. This chapter is expected to be useful for academics, graduate and undergraduate students, researchers, policymakers, and construction industry professionals.

scholarly journals Characteristics Analysis of the Heat-to-Power Ratio from the Supply and Demand Sides of Cities in Northern China

Energies ◽  
2020 ◽  
Vol 13 (1) ◽  
pp. 242 ◽  
Author(s):  
Shunyong Yin ◽  
Jianjun Xia ◽  
Yi Jiang
Keyword(s):  
Supply And Demand ◽  
Northern China ◽  
Energy System ◽  
Energy Structure ◽  
Supply Side ◽  
Power Ratio ◽  
Demand Side ◽  
Demand And Supply ◽  
Heating Method ◽  
Urban Energy

Combined heat and power (CHP), an efficient heating method with cascades use of energy, accounts for approximately 50% of the heat sources in northern China. Many researchers have made significant efforts to improve its energy efficiency and environmental effects with important achievements. Given that the system produces heat and electricity at the same time, this study focuses on the role of CHP in the holistic urban energy system and points out the mismatch between the demand and supply sides of urban energy systems by using the heat-to-power ratio as a parameter. The calculation method and characteristics of the supply side heat-to-power ratio of eight heating methods and the maximum demand side heat-to-power ratio for 19 cities in northern China are displayed. After the analysis, it is concluded that (1) the maximum demand side heat-to-power ratio in the cities varies from 1.0 to 5.9, which is affected by the location and social, economic, and industrial structures. (2) In most of the cities, with the current energy structure, the demand side heat-to-power ratios are always larger than the supply side heat-to-power ratios. (3) The reduction in heating demand, surplus heat recovery, and the use of a highly efficient electric heating method, such as the heat pump, can help solve the mismatch of the heat-to-power ratio between the demand and supply sides. These conclusions can guide the urban energy planning and system construction.

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