Rajmund Mirdala and Júlia Ďurčová
Asynchronous current account trends between North and South of the Euro Area were accompanied by significant appreciations of real exchange rate originating in the strong shifts…
Abstract
Asynchronous current account trends between North and South of the Euro Area were accompanied by significant appreciations of real exchange rate originating in the strong shifts in consumer prices and unit labor costs in the periphery economies relative to the core countries of the Euro Area. The issue is whether the real exchange rate is a significant driver of persisting current account imbalances in the Euro Area considering that, according to some authors, differences in domestic demand are more important than is often realized. In the paper we examine relative importance of real exchange rate and demand shocks according to the current account adjustments in the Euro Area member countries. Our results indicate that while the prices and costs related determinants of external competitiveness affected current account adjustments primarily during the pre-crisis period, demand drivers shaped current account balances mainly during the crisis period.
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In the course of flexible PCB manufacture where the reliability of those parts subjected to bending stresses is a matter of utmost concern, the design of the PCB should enable the…
Abstract
In the course of flexible PCB manufacture where the reliability of those parts subjected to bending stresses is a matter of utmost concern, the design of the PCB should enable the flexible interconnection parts to withstand the greatest possible bending stresses. Therefore, extensive investigations were carried out to demonstrate the relationship between the design and flexural strength. The study shows the functional correlation between bending radius, material thickness, type of material, design of the circuit and number of bending cycles. Only with a detailed knowledge of these five mentioned properties can reliable PCBs be designed and manufactured. The results of these investigations are based on a great number of bending experiments performed on a practical basis and demonstrate the numerical relation between all effects. As bending cycle results are subject to relatively high deviations, the whole problem has been investigated by means of statistical evaluation criteria.
Anil Kumar Bera and Sinem Guler Kangalli Uyar
This paper presents a hedonic office rent model under the decentralized structure of Istanbul Office Market. The data set in the study includes 2,348 office spaces for the first…
Abstract
Purpose
This paper presents a hedonic office rent model under the decentralized structure of Istanbul Office Market. The data set in the study includes 2,348 office spaces for the first quarter of 2018. This study aims to find determinants that affect the level of rent and examine whether the effects of office rent determinants are global or not.
Design/methodology/approach
To consider both global and local effects, the paper uses mixed geographically weighted regression approach in hedonic office rent analysis.
Findings
The empirical results indicate that office rent determinants such as physical, locational, neighborhood and market operational characteristics have significant impacts on the level of the rent. The findings also show that one of the office rent determinants has a global effect and the other determinants have local effects. According to the estimation results, local effects and statistical significances of these determinants vary from lower quartiles to upper quartiles.
Originality/value
To the best of the authors’ knowledge, this is the first paper to consider global and local effects of office rent determinants on the level of rent, with mixed geographically weighted regression approach. The paper provides new insights into the hedonic valuation of commercial real estates, especially for decentralized office markets.
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Andrea Frank and Terry Marsden
Regionalism implying some form of city-region or metropolitan-level planning and governance has long been promoted for multiple reasons albeit with varied success. Experiencing a…
Abstract
Regionalism implying some form of city-region or metropolitan-level planning and governance has long been promoted for multiple reasons albeit with varied success. Experiencing a resurgence in 1990s, regional coordination and cooperation has proven effective in pursuing economic development and bolstering competitiveness. Unfortunately, other voices, such as those promoting regional scale land use planning and management to cultivate more sustainable urban form and settlement patterns became comparatively crowded out. With climate change-related environmental and ecological pressures mounting, the chapter suggests it is time to frame regions as socio-ecological rather than mere socio-economic spaces, thereby placing greater emphasis on ecosystems and ecological land management and a circular, regenerative economy. Using the city-region of Stuttgart (Germany) as exemplar, our contribution initiates an exploration into whether statutory regional planning in combination with various informal tools and a multi-level governance framework allows actors to begin to embed and implement these emerging ecological sustainability concepts.
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This event, organised by the Institute of Metal Finishing, will take place at The Post House Hotel, Leicester, on 20 March 1985. The Conference language will be English and…
Abstract
This event, organised by the Institute of Metal Finishing, will take place at The Post House Hotel, Leicester, on 20 March 1985. The Conference language will be English and details of the technical programme are as follows:
New Officers for 1988/89 ‐ CCA administration for the coming two years will be in the hands of the following office‐bearers:
Mohammad A. Hassanain, Ahmed M. Ibrahim and Abdul-Mohsen Al-Hammad
The purpose of this paper is to holistically identify and assess the factors affecting the workplace relocation process during its various phases, namely: pre-relocation…
Abstract
Purpose
The purpose of this paper is to holistically identify and assess the factors affecting the workplace relocation process during its various phases, namely: pre-relocation, relocation and post-relocation. The factors assessment evaluates the perspectives and level of agreement between facilities and real estate management professionals.
Design/methodology/approach
Literature review was conducted to identify the factors affecting the workplace relocation process. In total, 34 factors were identified, which formed the basis of a questionnaire survey to assess their importance. Responses to the questionnaire survey were obtained through face-to-face interviews with two groups of professionals in the Eastern Province of Saudi Arabia, 32 facilities managers (FM) and 32 real estate managers (REM). The questionnaire utilized a 5-point Likert scale of importance.
Findings
The research delivers rankings of the identified factors for prioritization. Where a moderate (to high) level of agreement between FM and REM professionals was remarked. Significant factors include: “availability of workplace health and safety plan”, “analysis of business needs for relocation”, “cost control and management of the relocation process”, “availability of maintenance plans” and “selection of fit-out contractor”.
Originality/value
The study provides a significant contribution to research and professional practice, while no comprehensive studies have been conducted on the various phases of the relocation process. The findings of this study are genuine to keep professionals and practitioners on the ball managing their workplace relocations, overcoming their unforeseen struggles, resourcefully and efficiently.
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The Annual Fall Symposium took place on 11–12 November, 1985, at the Marriott‐LAX Hotel, Los Angeles, focusing on the theme: ‘PC Technology: Materials, Processes and Requirements…