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 669
- Downloads 36
Energy Consumption and Economic Growth: A Disaggregate Approach
This paper attempts to examine the long run as well as short run relationship between Pakistan’s real GDP and energy consumption at sectoral level. The analysis is based on the time series data from 1977 to 2010. We esti...
THE EFFECTS OF INFLATION AND OPERATING CYCLE ON CASH HOLDINGS (LIQUIDITY) OF LISTED COMPANIES IN TEHRAN STOCK EXCHANGE
This study aims at testing the relationship between inflation and the cash holdings. Moreover, the existence and the direction of the relationship between operating cycle and cash holdings have also been examined.
THE RELATIONSHIP BETWEEN GROWTH AND EMPLOYMENT INTENSITY: EVIDENCE FOR DEVELOPING COUNTRIES
The main objective of this paper is to contribute to the literature on employment-GDP elasticities by assessing the determinants of cross-country variations in employment elasticities, focusing particularly on the role o...
THE TREND ANALYSIS OF ISLAMIZATION IN MALAYSIA USING ISLAMIZATION INDEX AS INDICATOR
This paper empirically analyses the trend of Islamization in Malaysia using the Islamization Index as an indicator to determine whether the time series dataset of the Islamization index possess deterministic trends or st...
THE IMPACT OF BIRD FLU ON THE ECONOMY: CGE MODEL APPROACH (COMPUTABLE GENERAL EQUILIBRIUM MODEL)
The negative impact of the outbreak of bird flu on economic sectors in the partial and macro research will be analyzed using CGE models (Computable General Equilibrium). The result of the simulation studies indicate that...