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  • Articles  (8,893)
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  • 2015-2019  (8,145)
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  • Articles  (8,893)
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  • 2015-2019  (8,145)
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  • 1
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    The economic effects of owner distance and local property management in US office markets (2016)
    Oxford University Press
    Details
    Publication Date: 2016-07-13
    Description: Using a large dataset of US offices we analyse the relationship between investors’ distance to their assets and the effective rent of these assets, and study the extent to which property managers can influence this relationship. We construct hedonic rent models to control for other known rent determinants. It turns out that proximity matters: holding everything else constant, investors located closely to their office buildings are able to extract significantly higher effective rents from these assets, especially if these buildings are of low quality. This effect is due to significant differences in occupancy levels. Interestingly, property managers can affect this relationship, mitigating the adverse effects of investor distance on effective office rents. Especially if the owner does not reside in the same state as the building, external property management is of importance, most prominently so for class-B office buildings.
    Keywords: G11 - Portfolio Choice ; Investment Decisions, R12 - Size and Spatial Distributions of Regional Economic Activity, R32 - Other Production and Pricing Analysis, R33 - Nonagricultural and Nonresidential Real Estate Markets
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Published by Oxford University Press
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  • 2
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    Exporting to Russia? Entry barriers for food suppliers in a territory in transition (2016)
    Oxford University Press
    Details
    Publication Date: 2016-07-13
    Description: This article draws on extensive fieldwork conducted in Central Asia to explore food exports to Russia. It takes its theoretical starting point in global value chain theory and pinpoints chain entry barriers relating to financing, transportation and standards. The article also proposes rethinking the aspects of territoriality and institutional context, and suggests their integration into one concept, or rather a process of contextualizing territories. In doing so, the article argues for a methodology that not only examines current events, but also captures change as particularly important in what we term the territory in transition examined here.
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Published by Oxford University Press
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  • 3
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    Regions and material flows: investigating the regional branching and industry relatedness of port traffics in a global perspective (2016)
    Oxford University Press
    Details
    Publication Date: 2016-07-13
    Description: This article proposes a quantitative analysis of the interdependencies between port specialization and regional specialization across the world. A global database is elaborated, covering about 360 port regions in both developed and developing countries. One goal is to verify how interdependent port traffic and regional characteristics are, in a context of increasingly flexible commodity and value chains. Despite the aggregated dimension of available data and the heterogeneity of local situations, the main results confirm the affinity between the primary sector and raw materials traffic, and between the tertiary sector and general cargo traffic, whereas the industrial sector offers mixed evidence. This allows us to address fundamental questions raised by both economic geography and regional science about transport and local development. The global typology of port regions points to certain regularities in their spatial distribution, and the article discusses the policy implications of particular cases.
    Keywords: L90 - General, O18 - Regional, Urban, and Rural Analyses, R40 - General
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Published by Oxford University Press
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  • 4
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    Towards a typology of repositioning strategies of GVC/GPN suppliers: the case of functional upgrading and downgrading (2016)
    Oxford University Press
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    Publication Date: 2016-07-13
    Description: This article examines various upgrading and downgrading repositioning firm strategies within global value chains (GVCs) or global production networks (GPNs). It builds upon recent evidence that the mode of governance could vary profoundly among firms engaged in the same GVC/GPN. Therefore, the relevance of particular types of upgrading that were originally derived from the ideal types of GVC/GPN governance will be reconsidered. It is argued that the existing dissonance in the literature over possibilities for functional upgrading can be attributed to the different modes of governance that can exist within a particular GVC/GPN and to the diverse nature of functional upgrading. Consequently, a typology of functional upgrading is outlined, and it is argued that these different types vary significantly according to their probability and potential risk-benefit ratios. The article also introduces passive, adaptive and strategic downgrading and outlines their potential negative and positive effects on firms.
    Keywords: F63 - Economic Development, L23 - Organization of Production, L60 - General
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Published by Oxford University Press
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  • 5
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    Infrastructure as a traded product: A relational approach to finance in practice (2016)
    Oxford University Press
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    Publication Date: 2016-07-13
    Description: As nations continue to grapple with growing infrastructure demand, financial markets will play an increasingly prominent role in the landscape for urban infrastructure. Yet existing literature tends to depict the ‘financialization’ of urban infrastructure assets as a restless move towards market efficiency aided by the growing transparency of financial information. This article offers a different view, showing how the spatial richness of financial data for infrastructure has progressed towards what we term a more permanent state of ‘informational translucency’. We draw on 53 interviews with participants in the market for infrastructure investment to present this more complicated picture of infrastructure finance, thereby elaborating a more granular understanding of how information flows through and shapes financial market geography. From this we propose a relational model that contributes to theoretical understandings of how financial products are intermediated over time and space.
    Keywords: O18 - Regional, Urban, and Rural Analyses
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Published by Oxford University Press
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  • 6
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    Islamic charitable infrastructure and giving in East London: Everyday economic-development geographies in practice (2016)
    Oxford University Press
    Details
    Publication Date: 2016-07-13
    Description: This article extends research exploring progressive models of reproducing economic life by reporting on research into some of the infrastructure, practices and motivations for Islamic charitable giving in London. In so doing the article: (i) makes visible sets of values, practices and institutions usually hidden in an otherwise widely researched international financial centre; (ii) identifies multiple, hard-to-research civic actors who are mobilising diverse resources to address economic hardship and development needs; and (iii) considers how these charitable values, practices and agents contribute to contemporary thinking about progressive economic possibilities.
    Keywords: D14 - Personal Finance, O12 - Microeconomic Analyses of Economic Development
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Published by Oxford University Press
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  • 7
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    Estimating the impact of Mexican drug cartels and drug-related homicides on crime and perceptions of safety (2016)
    Oxford University Press
    Details
    Publication Date: 2016-07-13
    Description: We estimate the impact of drug cartels and drug-related homicides on crime and perceptions of security in Mexico. Since the location where drug cartels operate might be endogenous, we combine the difference-in-difference estimator with instrumental variables. Using surveys on crime victimization we find that people living in areas that experienced drug-related homicides are more likely to take extra security precautions. Yet, these areas are also more likely to experience certain crimes, particularly thefts and extortions. In contrast, these crimes and perceptions of insecurity do not change in areas where cartels operate without leading to drug-related homicides.
    Keywords: C26 - Instrumental Variables (IV) Estimation, K49 - Other, R59 - Other
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Published by Oxford University Press
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  • 8
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    The evolution of municipal structure (2016)
    Oxford University Press
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    Publication Date: 2016-07-13
    Description: In most US states, urban expansions are governed by ‘popular determination’, under which residents make annexation decisions through referendum. Yet little research analyzes how urban spatial structure evolves under this system. We develop a model to examine how urban residents’ collective decisions on annexations and property taxes and their interactions with agricultural landowners affect municipal structure under popular determination. We find that the evolution process of an urban area can be divided into four stages similar to human life stages (infancy, juvenile, adulthood and maturity), characterized by the pace of development. The key parameters that determine urban spatial structure include agricultural rents, construction costs, interest rate, and the rate and uncertainty of income growth. Cities tend to be more spread-out and consist of a large number of smaller municipalities, in regions with lower agricultural land rents, lower construction costs, and lower rate and uncertainty of income growth.
    Keywords: H73 - Interjurisdictional Differentials and Their Effects, Q24 - Land, R14 - Land Use Patterns
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Published by Oxford University Press
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  • 9
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    A regional parameter estimation scheme for a pan-European multi-basin model (2016)
    Elsevier
    Details
    Publication Date: 2016-05-09
    Description: Publication date: Available online 8 May 2016 Source: Journal of Hydrology: Regional Studies Author(s): Yeshewatesfa Hundecha, Berit Arheimer, Chantal Donnelly, Ilias Pechlivanidis Study region Europe. Study focus A semi-distributed continuous hydrological model, HYPE, was applied to model daily stream flows in more than 35,000 subcatchments across Europe. A stepwise regionalization approach was implemented to estimate different groups of model parameters. HRU based parameters were estimated first for each soil and landuse class, respectively. Lake and reservoir parameters were estimated separately. Catchments were grouped based on similarity of their characteristics and model parameters defined at a catchment scale were then regionalized for each group as functions of the catchment characteristics by simultaneously calibrating the model for a number of catchments to concurrently optimize the overall model performance and the functional relationships between the parameters and the catchment characteristics. Calibration was performed at 115 discharge stations and the approach was validated at 538 independent stations. New hydrological insights for the region Parameters could be linked to catchment descriptors with good transferability, with median NSE of 0.54 and 0.53, and median volume error of −1.6% and 1.3% in the calibration and validation stations, respectively. Although regionalizing parameters for different groups of catchments separately yielded a better performance in some groups, the overall gain in performance against regionalization using a single set of regional relationships across the entire domain was marginal. The benefits of separate regionalization were substantial in catchments with considerable proportion of agricultural landuse and higher mean annual temperature.
    Print ISSN: 2214-5818
    Topics: Architecture, Civil Engineering, Surveying , Geography , Geosciences
    Published by Elsevier
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  • 10
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    Spatial and temporal characteristics of precipitation over the Three-River Headwaters region during 1961–2014 (2016)
    Elsevier
    Details
    Publication Date: 2016-04-01
    Description: Publication date: June 2016 Source: Journal of Hydrology: Regional Studies, Volume 6 Author(s): Haiyun Shi, Tiejian Li, Jiahua Wei, Wang Fu, Guangqian Wang Study region Three-River Headwaters (TRH) region, China. Study focus Precipitation is regarded as the basic component of the global hydrological cycle. This study investigated the spatial and temporal characteristics of precipitation over the TRH region during 1961–2014, based on the observed data of 29 meteorological stations. New hydrological insights for the region The results showed that: (1) temporally, the TRH region has experienced a significant increasing trend in the annual precipitation ( p 〈 0.1) during 1961–2014, especially in the dry season ( p 〈 0.01). (2) Spatially, the mean annual precipitation (MAP) in the TRH region showed the southeast-to-northwest decreasing trend and the annual precipitation recorded at most stations (i.e., 26 in 29) presented the increasing trends. (3) A close correlation of the MAP with elevation was found, that is, a low-to-high increasing trend below 3800 m but an inverse correlation above 3800 m; in addition, statistical equations to estimate precipitation with high R 2 values were established based on longitude, latitude and elevation. (4) Characteristics of related meteorological variables and possible impact of precipitation on runoff were analyzed and discussed. These results would be valuable for the researchers to better understand the changing characteristics of precipitation and for the managers to make better decisions in the future.
    Print ISSN: 2214-5818
    Topics: Architecture, Civil Engineering, Surveying , Geography , Geosciences
    Published by Elsevier
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