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1 – 10 of over 2000
Book part
Publication date: 29 March 2021

Helen X. H. Bao

Urbanisation, environmental sustainability and property markets are intertwined. Consequently, studies on any of these three topics need to take the other two topics into…

Abstract

Urbanisation, environmental sustainability and property markets are intertwined. Consequently, studies on any of these three topics need to take the other two topics into consideration. By critically reviewing 33 hedonic pricing studies in 16 key journals in the urban studies and environmental policies areas, we summarise quantitative evidence on the price of environmental externalities resulting from China's urbanisation process. We find that Chinese residents are willing to pay more for the access to green space and waterbody as well as the treatment of urban pollution. The cost and benefit of these amenities and disamenities have already been capitalised in house prices. The central and local government in China can leverage market force to encourage, support and facilitate sustainable urban development and environmental protection, instead of directly intervening in the property market by using public resources. Meanwhile, the estimated hedonic price of Urban Green, Urban Blue and Urban Grey helps policymakers to understand the cost and benefit of their urban development decisions. Our review of the papers on Urban Green, Urban Blue and Urban Grey suggests that there have been promising and encouraging development in studies on all three topics in the last decade. The quality and quantity of hedonic price research has been improving notably. However, it is also clear that there is virtually no empirical evidence from the second- or third-tier cities, particularly, regarding Urban Green and Urban Blue investigations. The small number of existing hedonic studies is far from sufficient to draw reliable conclusions about the costs of environmental externality for cities that have not been studied. What works in first-tier cities may not hold elsewhere in China due to the large geographical variation in natural endowment, economic development status and local customs. There are many pieces that are missing from this big picture. More hedonic price studies are needed.

Details

Sustainable Real Estate in the Developing World
Type: Book
ISBN: 978-1-83867-838-8

Keywords

Book part
Publication date: 10 December 2024

Wan-Yu Liu, Chin-Chun Yen and Tian-Yu Lee

Weather and climate have a strong impact on tourism. However, because meteorological forecast information is considered a public good, people often overlook its market value. This…

Abstract

Weather and climate have a strong impact on tourism. However, because meteorological forecast information is considered a public good, people often overlook its market value. This study uses the contingent valuation method (CVM) to evaluate the economic value of a stargazing forecast system and assessed whether such a system would increase the public's willingness to stargaze. The results demonstrate that the economic value of the proposed stargazing forecast system is NT$ 0.2–2.5 billion, and the total value was 0.27–3.5 billion when protest responses are excluded. In addition, a stargazing forecast system could increase the public's willingness to engage in stargazing, indicating that both the system and meteorological information have a tremendous nonmarket value. Accordingly, this study suggests that the government could develop a stargazing forecast system and partner with famous stargazing destinations to popularize stargazing to propel the growth of the tourism industry.

Article
Publication date: 16 June 2022

Xiaojuan Li, Zhou Zhang, C.Y. Jim, Jiyu Lai and Xueqing Chen

This paper aims to establish a model to evaluate the benefits of building information modeling (BIM) from the owners' perspective. The model analyzes the correlation between five…

Abstract

Purpose

This paper aims to establish a model to evaluate the benefits of building information modeling (BIM) from the owners' perspective. The model analyzes the correlation between five secondary benefit indicators and their subsystems: product, financial, organizational, management and strategic. The final key factors of BIM benefits provide a decision-making basis for owners to raise the efficiency of BIM application.

Design/methodology/approach

Firstly, the authors combed 31 BIM-related literature and interviewed experts to identify 15 preliminary benefit indicators. The authors established a BIM benefit evaluation system based on relevant concepts, including two primary indicators, five secondary indicators and 15 tertiary indicators. Secondly, the authors analyzed the indicators by the extension theory of matter element analysis and a questionnaire survey of expert opinion. Finally, the new method was applied to a case study of a large shopping center in east China for empirical verification.

Findings

A BIM benefit evaluation model, including a three-tiered hierarchy of primary, secondary and tertiary indicators, was constructed through literature review and expert opinions. The model determined the critical factors of BIM benefits, enhanced understanding of owner benefits and improved BIM application under the owners' leadership.

Originality/value

At present, most studies focus on specific project stages or benefit indicators. This study developed an integrated BIM benefit evaluation system that targets owners. The findings could foster the development of China's construction industry, promote owner-led BIM application and advocate adopting the benefit evaluation method.

Details

Engineering, Construction and Architectural Management, vol. 30 no. 9
Type: Research Article
ISSN: 0969-9988

Keywords

Content available
Book part
Publication date: 28 June 2023

Xinru Liu and Honggen Xiao

Abstract

Details

Poverty and Prosperity
Type: Book
ISBN: 978-1-80117-987-4

Article
Publication date: 10 October 2024

Xiaojuan Li, Rixin Chen, Weibin Chen and C.Y. Jim

Prefabricated building (PB) uses factory production and onsite assembly, which differs from traditional construction methods. This special construction approach may lead to…

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Abstract

Purpose

Prefabricated building (PB) uses factory production and onsite assembly, which differs from traditional construction methods. This special construction approach may lead to dissimilar safety risks and challenges. Traditional safety assessment methods may not adequately and accurately assess the safety risks of PB construction. This paper aims to develop a new concept and methodology for targeted improvement in assessing PB safety risks.

Design/methodology/approach

Risk factors and indicators were established based on literature review and expert inputs. A structural equation model (SEM) was developed to investigate the relationships among three main risk categories: objects, workers and management. SEM analyzed the intricate associations between indicators and deepened understanding of safety risks. The model was tailored for China’s PB construction projects to enhance safety-risk management.

Findings

The cloud model evaluation validated the SEM model. A PB case study project tested and verified the model, evaluated its efficacy and quantified its safety performance and grade. We identified significant safety risk impacts across the three risk categories, safety-control level and specific areas that require improvement. The SEM model established a robust safety evaluation indicator system for comprehensive safety assessment of PB construction.

Practical implications

Practical recommendations provide valuable insights for decision-makers to enhance construction efficiency without compromising safety. This study contributed to the conceptual foundation and devised a novel method for evaluating safety performance in PB construction for safer and more efficient practices.

Originality/value

This study departed from the traditional method of calculating weights, opting instead for the SEM method to determine the weights of individual risk indicators. Additionally, we leveraged the cloud model to mitigate the influence of subjective factors in analyzing questionnaire survey responses. The feasibility and reliability of our proposed method were rigorously tested and verified by applying it to the PB case.

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 March 2014

Adi Ainurzaman Jamaludin, Nila Keumala, Ati Rosemary Mohd Ariffin and Hazreena Hussein

Three residential colleges located in a university campus at the capital city of Kuala Lumpur and built in different decades were selected for landscape studies with respect to…

Abstract

Three residential colleges located in a university campus at the capital city of Kuala Lumpur and built in different decades were selected for landscape studies with respect to species and position of the trees, as well as the effects of the current landscapes as a shelter in reducing solar radiation on buildings, as a pre-assessment for the Low Carbon Cities Framework (LCCF) and assessment system. These landscape designs were carefully studied through on-site observation. The name and location of the matured plants were redrawn and visualised with standard normal photographs. The studies revealed that the old residential college landscape is dominated by tropical forest trees which are able to provide a significant shade to the buildings and offered a potential to achieve sustainable development due to a higher rate of carbon sequestration. While, palm and hybrid fruit plants were most extensively cultivated in the landscape of new residential colleges due to low maintenance and being fast growing.

Details

Open House International, vol. 39 no. 1
Type: Research Article
ISSN: 0168-2601

Keywords

Article
Publication date: 1 December 2018

Syaidatul Azzreen Ishak, Hazreena Hussein and Adi Ainurzaman Jamaludin

This paper probes into the relationship between Neighbourhood Parks and their efficiency as a potential stress reliever from the outdoor environment. It consists of the…

Abstract

This paper probes into the relationship between Neighbourhood Parks and their efficiency as a potential stress reliever from the outdoor environment. It consists of the introduction to the relationship between stress and outdoor environment, background research on recent issues of Neighbourhood Park and it then continues with the context of perceiving Neighbourhood Park as a stress reliever. This paper looks into the previous studies that employed observations, survey, interviews and instruments as methods in proving Neighbourhood Parks as a potential stress reliever. Relevant findings were highlighted and recommendations for improving the design and planning were suggested to generate more quality living environment in the future.

Details

Open House International, vol. 43 no. 4
Type: Research Article
ISSN: 0168-2601

Keywords

Book part
Publication date: 8 November 2021

Siti Aisjah and Sri Palupi Prabandari

Small and medium enterprises (SMEs) are expected to be more creative and innovative to survive in the business competition and to make their businesses environmentally friendly…

Abstract

Small and medium enterprises (SMEs) are expected to be more creative and innovative to survive in the business competition and to make their businesses environmentally friendly, to develop global supply chain strategies, and to make innovations in products and business processes to become indispensable. This study discusses the effect of green supply chain integration (GSCI) and environmental uncertainty on performance through the moderation of green innovation. Structural equation modeling and maximum likelihood estimation were used to analyze a sample of 130 SMEs in East Java, Indonesia. The result shows that GSCI and environmental uncertainty significantly affect performance, and green innovation significantly moderates the effect. This research found that SME’s performance is influenced by GSCI concept and green innovation application as well as SME’s understanding about recent and future environmental uncertainties; this fits the market demand.

Details

Environmental, Social, and Governance Perspectives on Economic Development in Asia
Type: Book
ISBN: 978-1-80117-895-2

Keywords

Article
Publication date: 24 January 2018

Pierluigi Morano, Francesco Tajani and Marco Locurcio

This paper aims to test and compare two innovative methodologies (utility additive and evolutionary polynomial regression) for mass appraisal of residential properties. The aim is…

Abstract

Purpose

This paper aims to test and compare two innovative methodologies (utility additive and evolutionary polynomial regression) for mass appraisal of residential properties. The aim is to deepen their characteristics, by exploring the potentialities and the operating limits.

Design/methodology/approach

With reference to the same case studies, concerning samples of residential properties recently sold in three Italian cities, the two procedures are tested and the results are compared. The first method is the utility additive, which interprets the process of the property price formation as a multi-criteria selection of multi-objective typology, where the selection criteria are the property characteristics that are decisive in the real estate market; the second method is a hybrid data-driven technique, called evolutionary polynomial regression, that uses multi-objective genetic algorithms to search those models expressions that simultaneously maximize accuracy of data and parsimony of mathematical functions.

Findings

The outputs obtained from the experimentation highlight the potentialities and the limits of the two methodologies, as well as the possibility of jointly applying them to interpret and predict the real estate phenomena in a more realistic representation.

Originality value

In all countries, mass appraisal techniques have become strategic for the definition of management and enhancement policies of public and private property assets, in the case of investments of technical and economic refunctionalization (energy, environment, etc.), and for the alienation of buildings no longer suitable for public needs (military barracks, hospitals, areas in disuse, etc.). In this context, the use of mass appraisal techniques for residential properties assumes a leading role for sector operators (buyers, sellers, institutions, insurance companies, banks, real estate funds, etc.). Therefore, the results of the applications outline the potentialities of the two methodologies implemented and the opportunity of further insights of the topics that have been dealt with in this research.

Details

International Journal of Housing Markets and Analysis, vol. 11 no. 2
Type: Research Article
ISSN: 1753-8270

Keywords

Article
Publication date: 1 September 2017

Liu Qiong

The contradiction between urban development and urban ecology is becoming more distinct with the global population growth and rapid economic development. This study investigated…

Abstract

The contradiction between urban development and urban ecology is becoming more distinct with the global population growth and rapid economic development. This study investigated the construction of an evaluation index system for the ecological planning of modern industrial cities based on the low carbon concept to address the ecological crisis brought by the economic development of industrial cities. The entropy and weight calculation methods were adopted. The three-level evaluation system of the low-carbon ecological planning evaluation index was constructed. The basic model STIRPAT and the SPSS statistical analysis method were adopted. Regression analysis was conducted on the influencing factors of the low carbon ecological planning of a port city. The analytic hierarchy process was used, and the ecological construction of an industrial city was evaluated. Research results show that the evaluation index system of this study is suitable for the low carbon planning of industrial cities. The results of the ecological planning in Tianjin were analyzed, and several countermeasures and suggestions for the ecological planning and construction of industrial cities were provided. Thus, this study has a significant reference value.

Details

Open House International, vol. 42 no. 3
Type: Research Article
ISSN: 0168-2601

Keywords

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