Search results

The demand for construction-related occupations has increased consistently over many years in New Zealand (NZ). This has necessitated recourse to migrant workers to address capacity and capability requirements. Migrant construction workers hail from various backgrounds with a complex set of their needs being met through employment in NZ. Research on understanding the satisfaction levels of this category of construction workers is scarce. With recent insinuations about migrant exploitations, research investigations into this knowledge area are significant. In this study, the authors sought to establish the moderating effect of migrants' demography on the determinants of job satisfaction in NZ's construction sector.

Data were obtained from migrant construction workers of Chinese extraction through a structured questionnaire survey. From 200 questionnaires administered, 108 samples were completed by migrant construction workers involved in major projects in Auckland city, NZ. Data obtained were analysed using descriptive and inferential statistics to establish the moderating effects of their demography on job satisfaction.

Results from this study support the internal validity and reliability of these personal characteristics as moderators of job satisfaction for migrant construction workers. These results suggest the relevance of personal characteristics of Chinese migrants in any improvement initiatives being developed for this group of construction workers.

The findings from this study contribute to the discourse on the relevance of construction migrants as a strategic alternative to addressing skill shortages within the NZ construction sector. They also provide evidence that contributes to an improved understanding of the migrant workforce to meet their aspirations and enhance their general well-being.

Although the study is ethnic-specific, the conclusions show the relevance of personal characteristics in the experiences of construction migrant workers. The study is representative of the catchment of temporary migrant workers in the construction industry in NZ. The study provides insights for organisations employing migrants about putting in place appropriate measures to enhance their satisfaction levels. Finally, this study's findings may contribute to policy initiatives on the optimal categories of migrants engaged on construction activities to derive the maximum benefits for NZ.

In this study, the authors use data envelopment analysis to assess the technical efficiency and performance of real estate investment trusts (REITs) in Singapore, for the years 2009 through 2013.

The authors apply the Malmquist Productivity Index to express the productivity change of the REITs over time.

The authors find that while most REITs have experienced efficiency improvements, there has been little productivity growth at the frontier during the study period.

The finding indicates that it is possible to improve the performance of the REITs by further improving technological efficiency because technological regress has been the main reason for the poor productivity growth of the REITs in Singapore.

Despite improvements in certain countries in recent years, the provision of performance information on the direct real estate market still suffers from a lack of timeliness and reliability. The latter problem is particularly an issue for higher‐frequency data provision. This paper investigates whether there is information from the indirect market that might be useful in helping us understand better the direct real estate market. Direct real estate indices do not measure the performance of underlying transactions prices properly because they are based on valuations – and therefore may be subject to valuation smoothing. Indirect real estate indices do not properly measure the value investors put on the underlying assets of real estate companies because real estate companies are geared. Compares appropriately adjusted indices, and shows that there is information in indirect index returns that can usefully help us understand the performance of the direct market and an index is produced of de‐geared monthly real estate share returns for the UK.

This paper is motivated by the need for a generic approach to evaluate the volumetric accuracy of rapid prototyping (RP) machines. The approach presented in this paper is inspired in large part by the techniques developed over the years for the parametric evaluation of coordinate measuring machine (CMM) errors. In CMM metrology, the parametric error functions for the machine are determined by actual measurement of a master reference artifact with known characteristics. In our approach, the RP machine is used to produce a generic artifact, which is then measured by a master CMM, and measurement results are used to infer the RP machine's parametric error functions. The results presented demonstrate the feasibility of such an approach on a two‐dimensional model.

Purpose – The concept of equality of opportunity (EOp) goes back to Roemer (1993, 1998) who argues that a society should guarantee its members equal access to advantage regardless of their circumstances, while holding them responsible for turning that access into actual advantage by the application of effort. First, this chapter investigates how family background influences income acquisition in 17 European countries. Second, it particularly scrutinizes how governments affect EOp through redistributive policies.

Methodology – We apply two different methods in order to measure EOp: the Gini opportunity index defined by Lefranc et al. (2008) and a parametric estimation method. Effective redistribution is measured via income concepts at different stages of the tax-and-transfer schemes.

Findings – We find clear country clustering in terms of EOp for Nordic, Continental European, and Anglo-Saxon countries. For Eastern Europe our results are less definitive. By examining the impact of redistributive policies in the countries under analysis, it can be concluded that both taxes and transfers reduce inequality of opportunity (IOp), with social benefits typically playing a key role. Furthermore, the equalizing impacts of the tax-benefit system on IOp differ substantially from the ones observed in the traditional notion of inequality of outcomes.

Originality – We systematically compare two approaches used to identify the extent of EOp. Our results reveal that both methods yield rather robust country rankings for various circumstance sets. Furthermore, the impact of tax-benefit policies on EOp is rarely addressed in the existing literature. We contribute by focusing on effective redistribution directly related to different income concepts.

Describes non‐parametric methods applied to comparisons of three or more sample groups.Illustrates non‐parametric ANOVA applied to a randomized block design for a consumer sensory experiment.

The paper investigates relative efficiency of the banking industry in Bahrain by employing a panel of 31 banks for the years 1998 and 2000. We employ non‐parametric (Data Envelopment Analysis) to examine five efficiency measures, namely, cost, allocative, technical, pure technical and scale efficiency scores. We also investigate the conventional accounting measures of performance, and correlate them with five measures of efficiency to investigate whether higher accounting performance impact the bank cost efficiency. Our results show that, on the average, the banking industry in Bahrain is profitable with average ROE and ROA being 10.36% 1.622% in 1998 while 13.49% and 2.097% in 2000 respectively. The average allocative efficiency (inefficiency) is about 73% (37%), whereas the average technical efficiency (inefficiency) is about 56% (78%). This indicates that the dominant source of inefficiency in Bahrain banks is due to technical inefficiency rather than allocative inefficiency, which is mainly attributed to diseconomies in scale. Overall, average scale efficiency (inefficiency) is about 79% (26%), and average pure technical efficiency (inefficiency) is about 71% (41%), suggesting that the major source of the total technical inefficiency for Bahrain banks is pure technical inefficiency (input related) and not scale inefficiency (output related). The results also indicate that all banks have improved their efficiency levels and experienced some gains in productivity. Finally, regression analysis is used to investigate the determinants of the overall efficiency scores. We find that larger and profitable banks are more likely to operate at a higher level of efficiency. Also, another finding reveals that market power plays an important role in cost and technical efficiencies. Notably, banks with greater contribution from shareholders tend to be more technical efficient

Since the biomedical implants with an improved compressive strength, near bone elastic modulus, controlled porosity, and sufficient surface roughness, can assist in long term implantation. Therefore, the fine process tuning plays its crucial role to develop optimal settings to achieve these desired properties. This paper aims to find applications for fine process tuning in laser powder bed fusion of biomedical Ti alloys for load-bearing implants.

In this work, the parametric porosity simulations were initially performed to simulate the process-induced porosity for selective laser-melted Ti₆Al₄V as per full factorial design. Continually, the experiments were performed to validate the simulation results and perform multiresponse optimization to fine-tune the processing parameters. Three levels of each control variable, namely, laser power – Pl (180, 190, 200) W, scanning speed – Vs (1500, 1600, 1700) mm/s and scan orientation – ϴ{1(0,0), 2(0,67°), 3(0,90°)} were used to investigate the processing performance. The measured properties from this study include compressive yield strength, elastic modulus, process-induced porosity and surface roughness. Finally, confirmatory experiments and comparisons with the already published works were also performed to validate the research results.

The results of porosity parametric simulation and experiments in selective laser melting of Ti₆Al₄V were found close to each other with overall porosity (less than 10%). The fine process tuning was resulted in optimal settings [Pl (200 W), Vs (1500 mm/s), ϴ (0,90°)], [Pl (200 W), Vs (1500 mm/s), ϴ (0,67°)], [Pl (200 W), Vs (1500 mm/s), ϴ (0,0)] and [Pl (200 W), Vs (1500 mm/s), ϴ (0,0)] with higher compressive strength (672.78 MPa), near cortical bone elastic modulus (12.932 GPa), process-induced porosity (0.751%) and minimum surface roughness (2.72 µm). The morphology of the selective laser melted (SLMed) surface indicated that the lack of fusion pores was prominent because of low laser energy density among the laser and powder bed. Confirmatory experimentation revealed that an overall percent improvement of around 15% was found between predicted and the experimental values.

Since no significant works are available on the collaborative optimization and fine process tuning in laser powder bed fusion of biomedical Ti alloys for different load bearing implants. Therefore, this work involves the comprehensive investigation and multi-objective optimization to determine optimal parametric settings for better mechanical and physical properties. Another novel aspect is the parametric porosity simulation using Ansys Additive to assist in process parameters and their levels selection. As a result, selective laser melted Ti alloys at optimal settings may help in examining the possibility for manufacturing metallic implants for load-bearing applications.

The efficiency of execution of public works contracts is usually defined in terms of the capacity to complete works within the costs and the time agreed on in the contract. Therefore, it has been traditionally measured considering either costs overruns or delays. Our purpose is to consider both measures simultaneously, so as to develop a measure of overall efficiency of public works contracts execution. We compute this measure, through a benchmark procedure, using a non-parametric approach (DEA - Data Envelopment Analysis). The analysis is carried out employing a detailed data set of Italian public contracts for roads and highways, in the period 2000- 2005.