THE IMPACT OF ADMINISTRATIVE CHARACTERISTICS AND RESIDENTIAL TYPES ON INCOME CAPITALIZATION RATES IN TAIPEI, TAIWAN
Journal Title: Asian Economic and Financial Review - Year 2016, Vol 6, Issue 10
Abstract
This paper examines several factors that impact income capitalization rates, and applies the hierarchical linear model as an analytical method. The empirical results suggest that: (1) the average income capitalization rates in different administrative areas of Taipei vary widely; (2) differences in attributes and types of residential properties have a significant impact on income capitalization rates; (3) the influence coefficients in different administrative areas show significant variation; (4) population density has a significantly negative impact on an income capitalization rate and (5) the proportion of commercial property in a given district has a significantly positive impact on income capitalization rate.
Authors and Affiliations
Chun-Chang Lee*| Department of Real Estate Management, National Pingtung University, Mingsheng East Road, Pingtung, Taiwan, Hsueh-Ling Fan| Department of Real Estate Management, National Pingtung University, Mingsheng East Road, Pingtung, Taiwan
Keywords
Related Articles
- EP ID EP2307
- DOI -
- Views 641
- Downloads 36
THE IMPACT OF ECONOMIC FREEDOM UPON ECONOMIC GROWTH: AN APPLICATION ON DIFFERENT INCOME GROUPS
The objective of the study is to investigate the relationship between economic growth and economic freedom for different income groups. Therefore, the data were collected from 94 different countries belonging to five dif...
Microfinance: A Time to Deliberate
Microfinance promises to reduce poverty through income-generating activities for the underprivileged segment of the population that has been excluded from the main banking system. To achieve that goal, microfina...
UNDERSTANDING DIAMOND PRICING USING UNCONDITIONAL QUANTILE REGRESSIONS
This paper investigates the relationship between the selling price of diamonds and their weight in carats. For this purpose, we use a unique sample of 112,080 certified diamonds collected from www.info-diamond.com during...
DOES BANKING SECTOR REFORM BUY EFFICIENCY OF BANKING SECTOR OPERATIONS? – EVIDENCE FROM RECENT NIGERIA’S BANKING SECTOR REFORMS
There is a growing concern associated with the recent banking sector reform on whether it achieved its purpose of making banks efficient or not. Several studies have had several opinions with respect to the real impacts...
WILLINGNESS TO PAY FOR THE TREATMENT OF ENVIRONMENTAL HAZARDS: A CASE STUDY OF PESHAWAR
Safe and human friendly environment is one of the most important issues in world today. This paper has addressed one of such important issue, the treatment of environmental hazard in form of solid waste in Peshawar Distr...