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Jiro Yoshida - One of the best experts on this subject based on the ideXlab platform.

  • structure depreciation and the production of Real Estate Services
    2016
    Co-Authors: Jiro Yoshida
    Abstract:

    This study simultaneously analyzes the Real Estate production function and economic depreciation of structures by using data from Japan and the U.S. The estimated share of structure value is used to infer returns to scale, the land-structure substitution, and the structure depreciation rate. Real Estate exhibits approximately constant returns in Japan, but decreasing returns in the U.S. Land and structures are substitutes in both countries. The land value ratio is 10% in Centre County, PA, but 60%-70% in Japan, reflecting the scarcity of land. The property depreciation rate is larger for newer and denser properties located further away from the downtown area in a smaller city. The property depreciation rate is smaller than the structure depreciation rate due to the effect of land and a survivorship bias. The bias-corrected structure depreciation rates significantly vary by property type and country: approximately 7% for residential properties and 10% for commercial properties in Japan in contrast with 1% for residential structures in the U.S. The median life-span of structures is 30-35 years for residential and 20-30 years for commercial properties in Japan.

  • structure depreciation and the production of Real Estate Services
    2016
    Co-Authors: Jiro Yoshida
    Abstract:

    This study simultaneously analyzes the Real Estate production function and economic depreciation of structures by using data from Japan and the U.S. The estimated share of structure value is used to infer returns to scale, the land-structure substitution, and the structure depreciation rate. Real Estate exhibits approximately constant returns in Japan, but decreasing returns in the U.S. Land and structures are gross substitutes in both countries. The land value ratio is 10% in Centre County, PA, but 60%-70% in Japan, reflecting the scarcity of land. The property depreciation rate is larger for newer and denser properties located further away from the downtown area in a smaller city. The structure depreciation rate corrected for a survivorship bias significantly varies by property type and country: approximately 7% for residential properties and 10% for commercial properties in Japan in contrast with 1% for residential structures in the U.S. These results serve as important inputs for macro, financial, urban, and Real Estate economic models.

Worksafe Tasmania - One of the best experts on this subject based on the ideXlab platform.

Steve Evans - One of the best experts on this subject based on the ideXlab platform.

  • industrial symbiosis opportunities for small and medium sized enterprises preliminary study in the besaya region cantabria northern spain
    Journal of Cleaner Production, 2015
    Co-Authors: M Ruiz C Puente, Romero E Arozamena, Steve Evans
    Abstract:

    In this paper we present the potential for small and medium sized enterprises grouped in industrial areas or parks for systemic eco-innovation through industrial symbiosis strategies. The study was carried out in an industrialised region in the self-governing region of Cantabria (Northern Spain), which comprises 161 inventoried firms, located in 9 different industrial areas. By sectors, 40% work in commerce, the repair of motor vehicles, motorbikes and motorcycles and personal and domestic articles, 16% in metallurgy and the manufacture of metallic products, 13% in construction and the remaining 31% work in such diverse sectors as Real Estate Services, the paper industry, food and the chemical industry, among others. The information on resources and waste flows was collected by means of programmed visits, with a success rate of 104/161 enterprises. The preliminary results show opportunities both for substituting resources with waste products in Real and virtual cases and for sharing waste management Services and infrastructures. The diversity of synergetic opportunities is related to the number of enterprises that participate in each industrial area and with the occurrence of the types of waste products in the global system; thus we find options for action on different systemic levels. An optimistic scenario for escalating industrial symbiosis between small and medium sized enterprises is revealed from the project, thanks to both the companies' current behaviour and to the potential opportunities that were detected. This paper establishes the basis for advancing in subsequent stages of quantification and the evaluation of the feasibility of specific alternatives for turning the system under study into an industrial ecosystem.

Jane I Emeghe - One of the best experts on this subject based on the ideXlab platform.

  • Towards Improved Performance in Marketing: The Use of Property-based websites by Estate Surveyors and Valuers in Lagos, Nigeria
    Journal of African Real Estate Research, 2018
    Co-Authors: Adeyemi O Bamidele, Rotimi D Adenusi, Temidayo O. Osunsanmi, Jane I Emeghe
    Abstract:

    The increase in globalisation has changed marketing strategies available to professionals within the built environment. This study investigated the marketing methods most used in Lagos’ metropolis. It assessed the extent to which Estate surveyors and valuers in Nigeria have adopted property-based websites for the marketing of their Real Estate Services. A random sampling method was used to obtain data from 82 Estate surveyors and valuers within Lagos’ metropolis. The data were analysed with SPSS V24 (statistical software), using Friedman’s Test and One-Way Analysis of Variance (ANOVA). The study concluded that conventional/traditional methods of marketing dominate the marketing activities of Estate surveyors and valuers, weakening agency practice in Nigeria in relation to the current global context.

M Ruiz C Puente - One of the best experts on this subject based on the ideXlab platform.

  • industrial symbiosis opportunities for small and medium sized enterprises preliminary study in the besaya region cantabria northern spain
    Journal of Cleaner Production, 2015
    Co-Authors: M Ruiz C Puente, Romero E Arozamena, Steve Evans
    Abstract:

    In this paper we present the potential for small and medium sized enterprises grouped in industrial areas or parks for systemic eco-innovation through industrial symbiosis strategies. The study was carried out in an industrialised region in the self-governing region of Cantabria (Northern Spain), which comprises 161 inventoried firms, located in 9 different industrial areas. By sectors, 40% work in commerce, the repair of motor vehicles, motorbikes and motorcycles and personal and domestic articles, 16% in metallurgy and the manufacture of metallic products, 13% in construction and the remaining 31% work in such diverse sectors as Real Estate Services, the paper industry, food and the chemical industry, among others. The information on resources and waste flows was collected by means of programmed visits, with a success rate of 104/161 enterprises. The preliminary results show opportunities both for substituting resources with waste products in Real and virtual cases and for sharing waste management Services and infrastructures. The diversity of synergetic opportunities is related to the number of enterprises that participate in each industrial area and with the occurrence of the types of waste products in the global system; thus we find options for action on different systemic levels. An optimistic scenario for escalating industrial symbiosis between small and medium sized enterprises is revealed from the project, thanks to both the companies' current behaviour and to the potential opportunities that were detected. This paper establishes the basis for advancing in subsequent stages of quantification and the evaluation of the feasibility of specific alternatives for turning the system under study into an industrial ecosystem.

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