scholarly journals Georgia

2020 ◽  
Vol 20 (172) ◽  
Author(s):  

The purpose of the mission was to assist the National Statistics Office (Geostat) in progressing on the compilation of a residential property price index (RPPI). This was the third price statistics mission to Georgia conducted under the auspices of the three-year Project to Improve National Accounts and Price Statistics in Eastern and Southeastern Europe. This project is funded by the Government of The Netherlands. The aim of the first mission, held during April 25 to May 4, 2018 was to assist Geostat in obtaining data for RPPI compilation. The second mission held during in December 2018 focused on the assessment of the data obtained and training Geostat staff on the RPPI compilation. The aim of the current mission was to assist Geostat in compiling an experimental RPPI.

2020 ◽  
Vol 20 (173) ◽  
Author(s):  

The purpose of the mission was to assist the National Statistics Office of Georgia (Geostat) with expanding the coverage of the producer price index (PPI) to additional services activities. This was the fourth price statistics mission to Georgia conducted under the auspices of the three-year Project to Improve National Accounts and Price Statistics in Eastern and Southeastern Europe. This project is funded by the Government of the Netherlands.


2016 ◽  
Vol 07 (01) ◽  
pp. 1650006 ◽  
Author(s):  
Hwee Kwan Chow ◽  
Taojun Xie

This paper investigates whether real house price appreciations can be attributed to the surge in real capital inflows into Singapore. We proxy capital flows by using the amount of Foreign Direct Investments (FDI) to real estate capturing the foreign purchases of property in Singapore which we deflate by the private residential property price index. Notwithstanding the absence of a cointegrating relationship, our results support the hypothesis that lagged short term fluctuations in capital inflows are positively associated with the growth rates of house prices over the last decade. We also provide evidence that macroprudential measures implemented by Singapore reduced the impact of capital inflows on house price appreciation by more than half, suggesting the effectiveness of such market cooling measures in weakening the credit growth channel.


2019 ◽  
Vol 17 (9) ◽  
Author(s):  
Badrud Duja ◽  
Heri Supriyanto

Over the past years, Indonesia’s economic growth has been recorded among the top developing countries. The economic growth is believed to contribute to the increase on residential property prices. The main objective of this study is to analyse the influence of determinants of residential property prices in Indonesia by examining the dynamic relationships of residential property prices reflected through the Residential Property Price Index (RPPI) with Gross Domestic Product (GDP), investment interest rates, wages, inflation and the exchange rate against the US dollar using secondary data over a period of thirteen-years between 2002Q1 and 2014Q4. By applying the Engle-Granger co-integration testand the error correction model, this research aims to see the relationship between the variables both in the short- and long-term. The results of the study indicated that macroeconomic factors that were significantly related to Indonesian residential property prices were GDP, wages, inflation, and exchange rates against the US dollar, while the investment interest rate was not included in these factors. Furthermore, based on the results of the regression analysis on research data, government policy in setting minimum wage standards has the greatest impact on residential property prices in the property sector in Indonesia. Thus, the results of this research are expected to provide the government with better viewpoints that will assist them in enacting better policies in the residential property sector.


2021 ◽  
Vol 18 (6) ◽  
pp. 60-72
Author(s):  
A. B. Dukhon ◽  
O. I. Obraztsova ◽  
N. D. Epshtein

Purpose of the study. Development, justification and testing of a methodology for improving statistical monitoring of average prices in the Russian housing market, based on the use of registration information of the Unified State Register of Real Estate (USRN) on transactions for the purchase of residential real estate, in accordance with international statistical standards for Residential Property Price statistics.Materials and methods. The theoretical basis of the study was the United Nations system of national accounts (version of 2008), including the European system of accounts as amended in 2010. The research methodological base was made up of official statistical sources: metadata and international statistics guidelines in the field of national accounting, Handbook on Residential Property Price Indices and related housing indicators, as well as methodological provisions and an album of Rosstat forms, and methodological materials of the administrative statistics of the Federal Service for State Registration, Cadastre and Cartography of the Russian Federation (Rosreestr). The depersonalized registration data on households’ market transactions of the Unified State Register of Property Rights and Transactions maintaining by Rosreestr were used as an information database of the research.Results. The main result of the study is the design and substantiation of a system of indicators for the construction of an integrated information source for Residential Property Price statistics, on the base on interdepartmental information interaction.Conclusion. The proposed system of indicators will provide a highquality database that could be used in order to construct constant quality House Prices for various types of homogeneous residential property in the housing market, complying with the concepts of international statistical standards.


Author(s):  
Silma Fikria Balqis ◽  
Rudi Purwono

This study aims to analyze the factors influencing the Residential Property Price Index (RPPI) from the demand and supply sides in five Asian emerging market countries. The data used are semi-annual data from the first semester of 2009 until the second semester of 2019 because this study aims to denote the impact of RPPI toward the demand and supply indicators after the global crisis in 2008. The dependent variable of this study is the RPPI, while the independent variables include the number of workers, real interest rate, economic growth, and the Real Effective Exchange Rate (REER). The Fixed Effects Model (FEM) is thus the applied method to process the data. In the end, the results indicate that all independent variables are significant toward the RPPI. The number of workers, real interest rate, and REER negatively affect the RPPI, while economic growth positively affects the RPPI.


2004 ◽  
Vol 8 (2) ◽  
pp. 63-72 ◽  
Author(s):  
Bing Sun ◽  
Hongyu Liu ◽  
Siqi Zheng

As real estate, residential property comprises not only the value of utilization, but also the value of investment, which is somewhat different from that of securities such as stocks and bonds. In this paper, the investment value of newly‐built residences and stocks are compared and analyzed theoretically and empirically. Firstly, the paper summarizes the diversity of costs, risks, and benefits of these two investments. Secondly, by quoting the quarterly price/rent indices on the housing market and that at the stock exchange in Shanghai, the paper explores the variances of these two investments with respect to their risk‐return characteristics from 1993 to 2003. Thirdly, the paper discusses the correlations between residential property price/rent index, property/general stock price index, and Consumer Price Index (CPI). Finally, by utilizing the Capital Asset Pricing Model (CAPM), the systematic and the unsystematic risks of these investments are segregated and compared with each other, based on a series of assumptions. The result suggests, on a quarterly basis, that residential property investment produces a higher risk‐adjusted return than that of general stock and property stock investment. Because of a weak/negative correlation between residential property and stock returns, residential property is an ideal candidate to be included into the stock investment portfolio. Moreover, residential property and property stock can be used as effective hedges against inflation.


2022 ◽  
Vol 3 (2) ◽  
pp. 255-264
Author(s):  
Ambalegin Ambalegin ◽  
Tomi Arianto ◽  
Nurma Dhona Handayani ◽  
Zia Hisni Mubarak

Batam is the third most visited city of foreign tourists due to the strategic location that closes to Singapore and Malaysia. It becomes a distinct advantage with the number of tourists visiting. In addition to marine tourism and shopping tourism, Batam has agro-tourism in the islands around Batam Island. Cafe Zore in Rempang Island's dragon fruit plantation is often visited by domestic and foreign tourists. Foreign tourists often experience difficulties in communicating with English because the employees could not speak English. It is aimed to develop employees' English skills through methods of community education and training with lecturing, discussion and demonstration techniques. The result of this training was the improvement of the English spoken ability. To sum up this PkM activity is that English communication skills are very important to welcome foreign tourists visiting and support the government to develop tourism in Batam


2020 ◽  
Vol 20 (195) ◽  
Author(s):  

The purpose of the mission was to assist the Bangladesh Bank (BB) in progressing on the compilation of a residential property price index (RPPI). This will be the first technical assistance (TA) mission to Bangladesh on the RPPI to be conducted under the auspices of the Data for Decisions Fund (D4D). The aim of the mission is to assist the BB in improving data for RPPI compilation and to compile an experimental RPPI.


2021 ◽  
Author(s):  
Mohamed El Bechir Koita ◽  
Hakan Adanacıoğlu

Mango (Mangifera indica Linn) plays a central role as fruit crop among the horticultural fruits in Mali. Mali is among the largest mango producers in West Africa and among the fastest growing mango exporters in the world. The volume of mangoes produced is estimated at 575000 tons per year. Mango production is an important socio-economic activity in Mali, providing employment in rural areas and income through exportation. The study focused on marketing channels of mango famers in Mali. The secondary data were used to investigate marketing channels of mango in Mali. This paper consists of three parts. In the first part, the socio-economic characteristics of mango farmers in Mali were explained. In the second part, information about the development of Mango production and trade in Mali was given. In the third part, marketing channels of Mango farmers were examined. In general, it is difficult to say that Mango marketing channels operate effectively in Mali. The ineffectiveness of marketing channels occurs mostly at the local market level. It is important to strengthen the marketing infrastructure for Mango's marketing channels in Mali to be more effective. The government of Mali needs to implement a special incentive program, especially for wholesalers, who play an important role in increasing post-harvest losses. There is a need for financial support and training of wholesalers during the transportation, storage and processing of fresh mango. It is also important to extend these supports for mango producers.


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