This study employs the MT-NARDL model to examine the nonlinear relationship between economic growth, oil prices, renewable energy consumption, and CO₂ emissions in Algeria over 1980–2024. Allowing GDP per capita to switch across low, medium, and high regimes, the model captures asymmetric short- and long-run responses. The Environmental Kuznets Curve is rejected: no regime yields a significant long-run effect on emissions, evidencing the absence of an automatic decoupling threshold. Renewable energy is the only robust driver of permanent carbon reduction, cutting emissions by 0.155% for each additional 1% share, despite an initial “brown-build” uptick. Oil-price shocks exert merely transitory impacts, whereas medium-growth episodes re-ignite emissions after two years. Error-correction is rapid, yet hydrocarbon dependency persists. Aligning development with climate goals, therefore, requires a coherent policy package that couples accelerated clean-energy deployment, stringent efficiency standards, and economic diversification away from carbon-intensive sectors. By foregrounding regime-dependent asymmetries, the paper offers new empirical evidence for resource-rich economies.
Business mathematics. Commercial arithmetic. Including tables, etc., Business records management
Данная статья является продолжением серии публикаций, посвященных программному созданию университетских кампусов, которые являются одним из основных драйверов научно-технологического развития и подготовки высококвалифицированных кадров на сегодняшний день.
В предыдущих публикациях по данному направлению автор исследовал возможности применения в рамках программы развития университетских кампусов «Образовательно-
технологических условий» как нового типа инженерных параметров-измерителей материально-пространственной среды, «Образовательно-технологического задания» как нового типа документа, являющегося частью задания на проектирование или частью договора на оказание услуг по управлению или технической эксплуатации объектов капитального строительства кампусов, «Комбинаторной матрицы» как инструмента работы с различными видами требований, а также алгоритмы интеграции «Образовательно-технологического задания» с информационными моделями объектов кампусов.
В настоящей статье автор выявил и проанализировал некоторые особенности определения жизненного цикла объектов капитального строительства университетских кампусов и управления их жизненным циклом. Оценил степень влияния этих особенностей на разные этапы жизненного цикла, зависящих одновременно и от целей национальных проектов в области подготовки кадров, и одновременно от материально-технической базы образовательных организаций высшего образования. Возрастающий акцент данного направления определяется стоящими в настоящий момент перед российской экономикой большими вызовами в области технологического развития. Наука и технологии получают новую роль как основополагающие элементы решения многих национальных и глобальных проблем. В статье также раскрыты отдельные подходы к организации образовательной среды, меняющиеся в условиях перехода от постиндустриальной к информационной экономике.
Abstract Housing price dispersion highlights the individual differences in capital gains by capturing the varying prices among comparable properties. We examine the impact of investors’ activities on housing price dispersion within the Hong Kong private housing market, based on micro-level transactions. Our results indicate that investors’ activities can significantly lower price dispersion in housing markets, even after accounting for trading volumes. The reduction effect of investment activities on price dispersion varies across boom-bust cycles, being more pronounced in cooler markets. We address the roles of housing investors in facilitating the price discovery process and reducing price dispersion by providing liquidity and mitigating information asymmetry. This suggests that well-informed investors can play a welfare-enhancing role by improving information efficiency. We also demonstrate that nearby investment activities can indirectly influence local price dispersion through information spillover effects. Our findings have profound implications for facilitating information efficiency and the potential for reducing price dispersion.
History of scholarship and learning. The humanities, Social Sciences
Minu Agarwal, Parag Cameron-Rastogi, Giuseppe Peronato
et al.
Buildings continue to be important contributors to global greenhouse gas (GHG) emissions, despite the continued increase in stringency of energy and emissions codes and standards worldwide to address energy use in buildings. The stringency is limited by the available technology and design, and achieving even better performance may require fundamental changes in how the design and operation of buildings is regulated. In this paper we present limitations in current building energy performance assessment methods that, if addressed, could unlock unrealized energy saving potential in building projects: (a) split-incentives in multi-tenant buildings, (b) evaluation of performance using overly-long timescales, for example, yearly, (c) incorrect normalization of energy use over diverse uses and occupancy, and (d) ignoring robustness when rewarding efficiency. We discuss these issues through the lens of data availability and discuss ways of addressing them through better monitoring and a shift in accounting methods of building energy use. The solutions discussed complement the increasing use of smart meters and sensors in buildings.
Most universities in our country are multifunctional complexes solving the task of improving the quality of higher education. This task is one of the highest priorities at the present time. One of the conditions for solving this problem is creation of a special educational environment. Such environment provides training for specialists not only today, but also in the near future. A modern university is a unique form of organization and development of the educational environment, which increases the effectiveness of educational spaces, promotes the unification of education, science, research, innovative technologies and business, integrated with the city and industry, increasing regional attractiveness. The higher education practical importance and the value of interuniversity cooperation and partnership with leading specialized companies is increasing. This explains the significant attention and assistance to the Russian higher education system rapid transformation by the state and regional authorities in recent years. However, changes are also taking place within the university. New educational technologies are emerging at universities, the educational environment is changing, the material and technical base is being updated, education itself is becoming more flexible and adaptive, and the importance of cross-disciplinary links is increasing. At the same time, the same external environment requires universities to be more resilient and have a more developed infrastructure. The university has to become a multifunctional environment combining education, scientific activity, innovation and culture. For this reason, the material space should meet clear functional and technological requirements for the processes that will unfold and develop within the university and on its territory, in accordance with the adopted functional model of the entire educational complex, as well as be able to adapt to changes. How and with the help of what tools can these tasks be solved at the current level of development of higher education, architecture, construction?
Based on the main essence of development project management, i.e. managing efficiency of such projects, the authors have analyzed the existing approaches to defining the concept of efficiency. As a result of the analysis it was concluded that the existing approaches to the definition of the concept of efficiency are not fully applicable in the context of corporate development project management. Therefore, based on the existing approaches and taking into account the specifics of activities, the concept of efficiency was formed in relation to corporate development projects. In addition, taking into account peculiarities of business processes of corporations and development activities within them, the organizational structure of interaction between participants of corporate development projects was clarified. Taking into consideration connection of corporate development projects with corporate strategy, managerial decision-making algorithm was developed in the process of controlling activities. Given the focus of corporate development projects exclusively on corporate strategy objectives, it was found that the standard indicators used in commercial development projects are not fully applicable to corporate development project performance evaluation. This fact creates a need to develop new methods to assess the effectiveness of such projects. One of the parameters which can be used to quantify the economic efficiency of corporate development projects is the total cost of ownership of real estate. This study outlines the general principles for determining this parameter for corporate development projects. Given the complex function of real estate objects in a corporation's portfolio, a social return on investment parameter is proposed to assess the positive effect of projects.
Real estate in the Guangdong-Hong Kong-Macao Greater Bay Area (also known as the Greater Bay Area, GBA) - a good representation of China’s advanced and developed urban agglomeration - has received considerable attention from the international community in recent years. However, the real estate market has been under extraordinary stress due to the expansion of COVID-19 in China, the strain on people’s livelihoods brought on by the coronavirus pandemic, and the Chinese government’s series of epidemic preventive initiatives. This study used a combination of qualitative and quantitative techniques, making use of interviews and questionnaires as instruments. It examined China’s GBA real estate market as the pandemic looms. The primary goals are to demonstrate the current state of the GBA’s real estate industry, pinpoint the factors holding back its growth, and estimate when the market might finally experience a breakthrough. Our findings suggested that the impact of COVID-19 on the GBA real estate sector in China is evident, but that it still has a bright future despite the negative externalities. This is because the city has a large population, high purchasing power, and is close to some of the most developed areas in southern China. This study establishes a baseline for studying the impact of China’s “One Belt, One Road” initiative on the GBA real estate market in the future. It also provides valuable resources for China’s GBA’s real estate industry.
The annual Gaidar Forum traditionally opens the agenda for the development of the national economy for the next year with an eye to the implementation of strategic goals. The dynamism of modern economic processes requires not just taking into account external challenges and internal problems, but forecasting changes in the global economic landscapes, modeling systemic changes in the allocation of productive forces and the possibilities of integrating Russia into existing and emerging technological chains. The intensive development of new industries, the targeted focus of investments on investments in the knowledge economy,
the transformation of the industrial, transport, energy and housing and communal framework of capital funds set a new rhythm of construction. Its ultimate goal is to create a real estate sector that provides balanced spatial development, accelerated energy transfer and advanced development of human capital as a basis for improving the comfort, quality and standard of living of citizens.
The range of topics discussed touched upon almost all strategic objectives of achieving the goals of national projects. Priorities for the development of the real estate sector were announced in various contexts: digital and administrative transformation, scientific and personnel support, formation of a comfortable urban environment, housing construction and mortgage boom, master planning tools, etc. At the same time, behind the obvious thematic favorites of the new rhythm of construction and transformation of the real estate sector, a number of important problems remained in the “shadow” of panel discussions. Among them: the euphoria of housing construction and the danger of possible imbalances, professional transformation and the challenges of digitalization, the risks of human-centered and distance education, the discomfort of the business environment in real estate, the vacuum of modern tools for resolving economic disputes and coordinating economic interests, etc.
Developing a view on the priorities of the development of the real estate sector in terms of ensuring the rights of shareholders and the transition to project financing, the issues of ensuring the quality of housing and communal services, further capitalization of the housing stock, mechanisms for resolving contradictions between tenants and management companies, etc. remained outside the Forum. These issues, being an integral part of a comfortable business environment and the living environment of citizens, actualize a new context of development from Priorities to Parities of economic interests and tracks of development of “power – business – man”.
NI KADEK AYU PUJI ASTUTI, NI LUH PUTU SUCIPTAWATI, MADE SUSILAWATI
Gross regional domestic product (GRDP) is one of the important indicators to determine economic conditions in a region. The magnitude of the growth rate of GRDP is developed by the progress of regional economic development, both carried out by the government and the private sector in order to improve the welfare of the population. The purpose of this study is to examine the business sector that has the most significant influence on GRDP in Indonesia by applying spatial panel data regression. The results show that the best model in modeling GRDP in Indonesia is the spatial lag common effect which has an value of 83,13% while the independent variables that are significant to the increase in GRDP can be divided into two, namely significant positive and significant negative effects. The variables that have a significant and positive effect on GRDP are agriculture, forestry, and fisheries , mining and quarrying electricity and gas supply, water supply, waste management, waste and recycling, construction, financial services and insurance, real estate, and other services. wholesale and retail trade; car and motorcycle repair, transportation and warehousing, company services education services .
The journal <i>Buildings</i> was launched in 2011 and is dedicated to promoting advancements in building science, building engineering and architecture. Motivated by its 10th anniversary in 2021, this study aims to develop a bibliometric analysis of the publications of the journal between April 2011 and October 2021. This work analyzes bibliometric performance indicators, such as publication and citation structures, the most cited articles and the leading authors, institutions and countries/regions. Science mappings based on indicators such as the most commonly used keywords, citation and co-citation, and collaboration are also developed for further analysis. In doing so, the work uses the Scopus database to collect data and Bibliometrix to conduct the research. The results show the strong growth of <i>Buildings</i> over time and that researchers from all over the world are attracted by the journal.
Earning management is a practice by the management to convince the stakeholders and to maintain a firm reputation by modifying or manipulating financial statements. This practice brings positive and negative impacts to firm performance. Although earning management was allegedly made by the managers to enhance financial reporting strategies and provide a positive opinion of the business, this practice would reduce the quality of the financial statements. Such reasons as financial distress and high competition are the name of few that the management manipulates financial statements. In addition to this, the study examines the effect of earnings management towards return on asset and market value in the company in Indonesia. The quantitative method was used to measure variables of the study and the data was taken from real estate and property companies that listed on the Indonesian stock exchange. The study finds that two indicators of earning management namely, total accrual (balance sheet approach and cash flow approach) have a significant effect on return on asset and market value. In addition to this, neither increase nor decrease on balance sheet approach and cash flow approach give the effect on firm performance Thus, practice on earning management play roles to the firm performance. In addition to this, the study provides the insight of earning management practice in the company as the contribution of the study
Giovanny Miguel Yauri-Santos, Juan Carlos Erazo-Álvarez, Cecilia Ivonne Narváez-Zurita
et al.
Corporate social responsibility as a voluntary agreement between companies and society to help achieve sustainability objectives, including environmental ones, is an argument for achieving business advantages in the market. So the objective of the research is to design a corporate social responsibility plan for real estate companies in the city of Cuenca. The type of research was non-experimental, had a qualitative and quantitative orientation and the scope of the study was descriptive-explanatory. The methods used were the historical-logical, analytical-synthetic, deductive-inductive and the systemic method. The results demonstrated how basic it is to have social responsibility in companies and not only that, also to design a plan and socialize people, the same ones who widely understand the concept of sustainability and support and idealize this in large companies, especially in real estate agents as intermediaries to satisfy a primary need.
The Act of 21 August 1997 on Real Estate Management imposes on district governors within the management of the Treasury-owned real estates, as well as the commune head, the mayor or city mayor – in the case of the real estate resources of the commune, poviat management - to the poviat real estate resource and voivodship board, in relation to the provincial real estate resource – the obligation to undertake actions in court proceedings, particularly in cases concerning ownership or other property rights. In addition, it obliges them to submit applications for the establishment of a land register and for its updating.
The purpose of the study: all spheres of society and economy have been exposed to the coronavirus infection and are forced to adapt to new conditions and rules. The state is taking various measures to support both society and business, and is introducing new regulations designed to reduce the negative consequences of the economic shutdown. The purpose of this work is to consider the consequences that the coronavirus pandemic has had on the real estate market, to research new technologies used by market participants, and also to analyze the most significant changes in federal legislation in Russia in the context of a pandemic.
The aim of the research is to comparatively assess the knowledge and competency levels among valuers and quantity surveyors of cost estimation techniques used in DRC valuation. The study investigates the need for estate surveyors and valuers in Nigeria to improve their current knowledge of cost estimation techniques when valuing non-rent yielding and specialized properties using the DRC method of valuation. More importantly, it evaluates the need for valuers to engage in the services of quantity surveyors in order to ensure that accurate cost estimates are provided for use in the valuation process. The research methodology adopted in actualizing the aim of the present study made use of primary and secondary sources of data, which included texts, published research work and semi-structured questionnaire. Identical questionnaire was distributed to both valuers and quantity surveyors in Lagos and their responses were measured using statistical tables and simple percentages. A proficiency scale of the National Institute of Health was adopted to test the level of competence of cost estimation techniques amongst valuers and quantity surveyors and their responses were ranked. Furthermore, a two-sample t-test was used to compare the means of random samples drawn from the responses of these two populations. The findings showed that there was a lack of awareness more on the part of valuers than quantity surveyors when it came to the knowledge and use of current cost estimating methods when valuing properties using the DRC method of valuation. These findings also gave credence to the fact that the services of quantity surveyors most times were not commissioned when these cost estimates were to be determined for valuation, hence leading to properties being undervalued or overvalued. In a nutshell, the recommendations postulated dwelt on improving the cost estimating knowledge of estate surveyors and valuers through seminars, symposiums and workshops organised by NIESV and NIQS, awareness of the need for valuers to work with quantity surveyors to perfect valuation briefs involving the use of the DRC method and slight changes made to the curriculum of the study course “Estate Management” in tertiary institutions so as to accommodate taking courses in quantity surveying.
Real estate business, Regional economics. Space in economics