Man kann nur dann preisgünstig bauen, wenn Bauherren, Investoren, Planer und Bauschaffende alle bestehenden Möglichkeiten zur Kostenreduktion nutzen. Der Bund wird die entsprechenden Rahmenbedingungen, wie sie auch in dem soeben vorgelegten Handlungsrahmen zur Kostensenkung im Wohungsbau...

Dieses Papier analysiert Determinanten von agrarwirtschaftlichen Landpreisen mit einem besonderen Fokus auf standort-spezifischen Faktoren. Ein asset-pricing Modell wird verwendet um agrarwirtschaftliche Preise in erwartete Erträge von der tatsächlichen Nutzung und der potenziellen Nutzung zu...

Based on newly constructed prefectural land price data, we estimate long-run equilibrium relationships using a panel cointegration analysis, and then estimate an error-correction model (ECM) for land prices. The panel cointegration analysis reveals that the PVR cum price expectation can be...

This paper addresses a fundamental identification problem in the structural estimation of dynamic oligopoly models of market entry and exit. Using the standard datasets in existing empirical applications, three components of a firm’s profit function are not separately identified: the fixed...

The Japanese economic policy experience in the 1990s was the worst observed in the country for manydecades. The government withheld critically important economic information from the public, such as thesize of non-performing loans held by financial institutions, while policy-makers were waiting...

This paper investigates forecasting accuracy of four different hedonic approaches, when vacant urban land prices are predicted in local markets. The investigated hedonic approaches are: 1) ordinary least squares estimation, 2) robust MM-estimation, 3) structural time series estimation and 4)...

O trabalho discute os principais argumentos contrários a expansão da produção de cana-de-açúcar no país, sobretudo para produção de etanol. Mais especificamente, um dos obstáculos à expansão da produção desta commodity diz respeito ao seu potencial impacto sobre o preço da terra...

Agricultural cooperatives in Slovakia still represent the most important legal form of enterprises in agriculture. Chosen indicators of financial analysis and indicators of revenues as calculated to hectare of agricultural land show that the transformed agricultural cooperatives in Slovakia are...

This study examines the effect of the device that allows so-called "Scellier" tax benefits when buying housing for rent. We use counterfactual analysis and the fact that the provision applies only in certain areas to assess the impact of the scheme on land prices. Our estimation method uses...

This paper examines the behavior of stock and land prices during the bubble economy of the second half of the 1980s, paying considerable attention to the linkage of the two markets and the effects of monetary policy.In particular, we first examine whether the boom in asset prices can be...