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1 – 10 of over 2000
Article
Publication date: 24 August 2023

Jiangjun Wan, Yuxin Zhao, Miaojie Chen, Xi Zhu, Qingyu Lu, Yuwei Huang, Yutong Zhao, Chengyan Zhang, Wei Zhu and Jinxiu Yang

The construction industry accounts for a large proportion of the economy of developing countries, but the connotation and influencing factors of high-quality development (HQD) are…

Abstract

Purpose

The construction industry accounts for a large proportion of the economy of developing countries, but the connotation and influencing factors of high-quality development (HQD) are still unclear. This study aims to gain a more comprehensive insight into the current development status of the regional construction industry under China's HQD orientation and the obstructive factors affecting its development and to provide informative suggestions for its HQD prospects.

Design/methodology/approach

In this study, the construction industry of 16 cities in the Chengdu-Chongqing economic circle (CCEC), a new region in southwest China, was used as the research object to collect data from the 2006–2019 yearbooks, construct an evaluation index system for HQD of the construction industry, derive the development level of the construction industry using the entropy value method and spatial autocorrelation method and then apply the barrier Diagnostic model was used to compare and analyze the impact level of each index.

Findings

In terms of the time dimension, the development of the construction industry in CCEC is characterized by “high in the twin core and low in the surrounding area”, with unbalanced and insufficient development; in terms of spatial correlation, some factors have positive aggregation in spatial distribution, but the peripheral linkage decreases; through barrier analysis, the impact of different barrier factors is different.

Originality/value

This paper will help governments and enterprises in developing countries to make urban planning and management policies to fundamentally improve the development of the construction industry in underdeveloped regions.

Details

Engineering, Construction and Architectural Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 1 December 1998

Neil Dunse, Colin Jones, Allison Orr and Heather Tarbet

Property analysts and researchers have a fundamental requirement for reliable property market data. Historically, data on the commercial and industrial property market are weak…

1915

Abstract

Property analysts and researchers have a fundamental requirement for reliable property market data. Historically, data on the commercial and industrial property market are weak, although a number of property indices have now been published for 20 years. Considerable debate has arisen as to the appropriateness of these data for meaningful and reliable econometric analysis. A particular problem is the existence of serial correlation. This paper considers the form and the nature of spatial data and examines the implications for their interpretation and analysis. The primary concern is with rent and yield data with a particular focus on those derived from valuations. It is concluded that the use of valuation data does not appear to be a constraint or the source of serial correlation. In addition, its existence parallels that found in other economic time series data of longer standing. A possible solution is the disaggregation of the data to the local level, which may reduce the smoothing induced by aggregation.

Details

Journal of Property Valuation and Investment, vol. 16 no. 5
Type: Research Article
ISSN: 0960-2712

Keywords

Book part
Publication date: 9 July 2010

Johannes Luberichs and Helmut Wachowiak

With its capabilities for business mapping, geospatial analysis and its contribution to decision making, geographic information system (GIS) seems to be a valuable tool especially…

Abstract

With its capabilities for business mapping, geospatial analysis and its contribution to decision making, geographic information system (GIS) seems to be a valuable tool especially applicable in the discipline tourism geography. The capabilities of geospatial analysis for tourist consumer research at destinations will be exemplified by the case of German low-cost carrier passengers (LCCP) on Majorca island, Spain, one of the worlds' leading coastal mass holiday destinations with an annual visitor demand of around 10 million arrivals. The survey puts together primary and secondary research to profile LCCP groups located in different tourism spaces around the island. The approach as well as results shall motivate stakeholders in the tourism industry, especially destinations, to enlarge their marketing and management issues towards geospatial analysis.

Details

Advances in Hospitality and Leisure
Type: Book
ISBN: 978-1-84950-718-9

Article
Publication date: 10 July 2023

Mingyong Hong, Mengjie Tian and Ji Wang

By discussing the spatial spillover effect and regional heterogeneity of digital economy and green agricultural development level, this paper aims to provide countermeasures and…

Abstract

Purpose

By discussing the spatial spillover effect and regional heterogeneity of digital economy and green agricultural development level, this paper aims to provide countermeasures and suggestions for the better development of green agriculture in the contemporary era when digital economy is universally developed and at the same time provide development suggestions suitable for green agriculture's development characteristics and initial conditions for different regions.

Design/methodology/approach

This paper discusses the theoretical foundation of the digital economy and green agriculture development and utilizes panel data from 30 provinces in China from 2011 to 2018. By employing the Super-Efficiency Slack-based Measure and Malmquist-Luenberger (SBM-ML) model based on unexpected output to measure the total factor productivity of green agriculture and employing the spatial panel Durbin model to empirically test the spatiotemporal effects of the digital economy on green agriculture development from both temporal and spatial dimensions. Finally, the model is tested for robustness as well as heterogeneity.

Findings

The research findings are as follows: First, from the perspective of time effect, digital economy has a continuous driving effect on the development of green agriculture and with the passage of time, this effect becomes more and more prominent; second, from the perspective of spatial effect, digital economy has a significant positive impact on the development of local green agriculture, while digital economy has a significant negative impact on the development of surrounding green agriculture. Finally, the impact of digital economy on the development of green agriculture shows significant differences in different dimensions and regions.

Originality/value

As an important driver of economic growth, the digital economy has injected new impetus into agricultural and rural development. Along with the intensifying environmental pollution problems, how to influence the green development of agriculture through the digital economy is a proposition worthy of attention nowadays. This paper analyzes the relationship between the digital economy and agricultural green development in multiple dimensions by exploring the temporal and spatial spillover effects of the digital economy on agricultural green development, as well as the heterogeneity in different dimensions and in different regions and derives policy insights accordingly in order to improve relevant policies.

Details

China Agricultural Economic Review, vol. 15 no. 4
Type: Research Article
ISSN: 1756-137X

Keywords

Article
Publication date: 26 July 2013

Le Ma and Chunlu Liu

Studies into ripple effects have previously focused on the interconnections between house price movements across cities over space and time. These interconnections were widely…

Abstract

Purpose

Studies into ripple effects have previously focused on the interconnections between house price movements across cities over space and time. These interconnections were widely investigated in previous research using vector autoregression models. However, the effects generated from spatial information could not be captured by conventional vector autoregression models. This research aimed to incorporate spatial lags into a vector autoregression model to illustrate spatial‐temporal interconnections between house price movements across the Australian capital cities.

Design/methodology/approach

Geographic and demographic correlations were captured by assessing geographic distances and demographic structures between each pair of cities, respectively. Development scales of the housing market were also used to adjust spatial weights. Impulse response functions based on the estimated SpVAR model were further carried out to illustrate the ripple effects.

Findings

The results confirmed spatial correlations exist in housing price dynamics in the Australian capital cities. The spatial correlations are dependent more on the geographic rather than the demographic information.

Originality/value

This research investigated the spatial heterogeneity and autocorrelations of regional house prices within the context of demographic and geographic information. A spatial vector autoregression model was developed based on the demographic and geographic distance. The temporal and spatial effects on house prices in Australian capital cities were then depicted.

Details

International Journal of Housing Markets and Analysis, vol. 6 no. 3
Type: Research Article
ISSN: 1753-8270

Keywords

Article
Publication date: 6 August 2019

Paul Bidanset, Michael McCord, Peadar Davis and Mark Sunderman

The purpose of this study is to enhance the estimation of vertical and horizontal inequity within property valuation. Property taxation is a crucial source of finance for local…

Abstract

Purpose

The purpose of this study is to enhance the estimation of vertical and horizontal inequity within property valuation. Property taxation is a crucial source of finance for local government around the world – based on a presumptive tax base underpinned by estimates of property value, inaccurate real estate valuations used for such ad valorem or value-based property tax calculations potentially lead to a variety of costs, both financial and other, for tax payers and governments alike. More common are increased costs in time, staff and, in some cases, legal fees. Some governments are even bound by acceptability thresholds to promote fairness, equitability and overall government accountability with respect to valuation.

Design/methodology/approach

There exist a number of vertical inequity measurements that have undergone academic testing and scrutiny within the property tax industry since the 1970s. While these approaches have proved successful in detecting horizontal and vertical inequity, one recurring disadvantage pertains to measurement error/omitted variable bias, stemming largely from a failure to accurately account for location. A natural progression within property tax research is the application of a more spatially local weighted modelling approach to examine vertical and horizontal inequity. This research, therefore, specifies a geographically weighted regression (GWR) methodology to detect and measure vertical inequity in property valuations.

Findings

The findings show the efficacy of using more applied spatial approaches for vertical tax estimation and indeed the limitations of employing conditional mean estimates coupled with delineated boundaries for assessing property tax inequity. The GWR model findings highlight the more fluctuating nature of vertical inequity across the Belfast market for the apartment sector both in a progressive and regressive sense and at different magnitudes. Moreover, the results reveal spatial clustering in the effects and are indicative of systematic inequities related to location inferring that spatial (horizontal) tax inequities are not random. The findings further show increased GWR model predictability overall.

Originality/value

This research adds to the existing literature base for evaluating both vertical and horizontal inequity in value-based property taxation at the intra-neighbourhood level. This is accomplished by modifying the Birch–Sunderman approach by transforming the traditional OLS model architecture to a GWR model, thereby allowing coefficient estimates of inequity to vary not only across a jurisdiction, but also at a more local level, while incorporating property characteristic variables. This arguably allows assessors to identify specific geographical areas of concern, saving them money, time and resources on identifying, addressing and correcting for inequity.

Details

Journal of Financial Management of Property and Construction , vol. 24 no. 2
Type: Research Article
ISSN: 1366-4387

Keywords

Article
Publication date: 13 October 2020

Gustavo Barboza and Alessandro Capocchi

This paper aims to investigate the impact of knowledge spillover effects (KSE) on employment levels using a sample of 245 Italian Innovative startup companies created as a result…

Abstract

Purpose

This paper aims to investigate the impact of knowledge spillover effects (KSE) on employment levels using a sample of 245 Italian Innovative startup companies created as a result of the legislative changes of Law Decree 179/12 introduced in Italy in 2012.

Design/methodology/approach

This study uses a parsimonious model with the employment level as the dependent variable. The paper tests for the impact that the measures of industry competition, specialization and diversity have on the level of employment in the Innovative Startup sector in Italy. The data uses a sample of 245 firms, across 20 geographic regions in Italy for three economic sectors at the 2-Dig NAICS classification.

Findings

The empirical results provide evidence in favor of regional specialization as the main force to create and transfer knowledge resulting in increased employment; while higher levels of competition and a more diverse regional production bases result in lower firm employment levels. Employment levels for these firms are also time-dependent, and thus mainly determined at the time of the firm’s creation. This study also found a lack of technological convergence across regions, that are inherent regional differences are not bridged by knowledge spillover effects.

Research limitations/implications

This paper is based on a sample of Italian Innovative Startups and consequently, further research with a potentially larger sample and, perhaps, a sample across countries could also shed some light on the issues relating to KSE and their effects on employment generation and firm formation.

Practical implications

From a practical point of view, the results indicate that regional disparity and limited transmission of KSE across regions remain an impediment to the flow of knowledge. This in turn may limit the development of entrepreneurial activities and further development of new firms. Practical implications regarding knowledge management indicate that firms face time and spatial challenges when developing, transferring and acquiring knowledge. In sum, the evidence points out in favor of existent and persistent regional heterogeneity in terms of economic and technological specialization as sources of employment.

Originality/value

This research adds to the empirical evidence focusing on the effects of knowledge spillover effects in the Innovative Startup segment of the economy. This research highlights the applicability of knowledge spillover effects accounting for levels of industry competition, specialization and diversity. We also provide a measure of cluster formation and concentration at the sectoral and regional levels. Thus, the research provides a better understanding under which conditions knowledge is more likely to have positive or negative effects on employment generation.

Details

Journal of Knowledge Management, vol. 24 no. 10
Type: Research Article
ISSN: 1367-3270

Keywords

Article
Publication date: 30 September 2013

Le Ma and Chunlu Liu

A panel error correction model has been developed to investigate the spatial correlation patterns among house prices. This paper aims to identify a dominant housing market in the…

Abstract

Purpose

A panel error correction model has been developed to investigate the spatial correlation patterns among house prices. This paper aims to identify a dominant housing market in the ripple down process.

Design/methodology/approach

Seemingly unrelated regression estimators are adapted to deal with the contemporary correlations and heterogeneity across cities. Impulse response functions are subsequently implemented to simulate the spatial correlation patterns. The newly developed approach is then applied to the Australian capital city house price indices.

Findings

The results suggest that Melbourne should be recognised as the dominant housing market. Four levels were classified within the Australian house price interconnections, namely: Melbourne; Adelaide, Canberra, Perth and Sydney; Brisbane and Hobart; and Darwin.

Originality/value

This research develops a panel regression framework in addressing the spatial correlation patterns of house prices across cities. The ripple-down process of house price dynamics across cities was explored by capturing both the contemporary correlations and heterogeneity, and by identifying the dominant housing market.

Details

International Journal of Housing Markets and Analysis, vol. 6 no. 4
Type: Research Article
ISSN: 1753-8270

Keywords

Article
Publication date: 18 October 2011

Malin Song, Shuhong Wang, Jie Wu and Li Yang

This article aims to discuss the binary matrix of spatial association which is suggested by Moran, and proposes a new method of the definition of the w matrix to obtain a new…

1078

Abstract

Purpose

This article aims to discuss the binary matrix of spatial association which is suggested by Moran, and proposes a new method of the definition of the w matrix to obtain a new space‐time correlation coefficient considering the correlation of both time and space.

Design/methodology/approach

From the perspective of the multi‐dimension of space and time, this article proposes a new computational method of a correlation coefficient considering both temporal and spatial factors, based on the analysis of the characteristics of Moran's Global Index and Moran's Local Index. The number of patents granted in mainland China's provinces and municipalities is taken as an example of multi‐dimensional analysis.

Findings

The results of quantitative analysis using this space‐time correlation coefficient show that the outcomes calculated by this new correlation coefficient are not only highly correlated with Moran's Index, but also have advantages in analyzing the trends of both spatial and temporal indicators simultaneously, which is verified by the illustration of the algorithm.

Research limitations/implications

Due to a scarcity of data in China, the algorithm is based on data for the last 20 years, which may not be long enough for this research. Although this does not reduce the value of the conclusions of this article, a closer look should be taken at the effectiveness of the new space‐time correlation coefficient in the future.

Practical implications

The results of space‐time correlation coefficient are highly correlated with Moran's Index. In addition, it can not only analyze the “flow” indicators in a certain period but also analyze the “stock” indicators to reflect both space and time changes. These may reflect superiority of space‐time correlation coefficient to Moran's Index.

Originality/value

This new correlation coefficient that considers both temporal and spatial factors and will provide a more scientific and effective tool for spatial econometric analysis in time and space changes of management on society and the economy.

Details

Management Decision, vol. 49 no. 9
Type: Research Article
ISSN: 0025-1747

Keywords

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