System Dynamic Model of Housing Price Fluctuations Based on the Impact of Real Estate Tax Institution and Trading Behavior

2012 ◽  
Author(s):  
Shao-rong Sun ◽  
Si-rong Ren
Keyword(s):  
Real Estate ◽  
Dynamic Model ◽  
Housing Price ◽  
System Dynamic ◽  
System Dynamic Model ◽  
Trading Behavior ◽  
Estate Tax ◽  
Price Fluctuations ◽  
Real Estate Tax ◽  
The Impact

ICT Powered Strategic Flexibility System Dynamic Model

2014 ◽  
Vol 3 (1) ◽  
pp. 90-110 ◽  
Author(s):  
Agnes Mindila ◽  
Anthony Rodrigues ◽  
Dorothy McCormick ◽  
Ronald Mwangi
Keyword(s):  
System Dynamics ◽  
Strategic Management ◽  
Dynamic Model ◽  
Dynamic Capabilities ◽  
System Dynamic ◽  
Strategic Flexibility ◽  
System Dynamic Model ◽  
Sustainable Competitive Advantage ◽  
Modeling Methodology ◽  
The Impact

Resource-Based View (RBV) of the firm in strategic management literature focuses on firm internal endowments in terms of resources, capabilities and dynamic capabilities for their development. By establishing a learning mechanism, where they are able to adapt and influence the environment, enterprises build a dynamic competence and sustainable competitive advantage. This paper posits that this dynamic competence or strategic flexibility as referred to by strategic management scholars is a phenomenon that needs to be understood by scholars and practitioners in MSEs so that effective intervention programs can be designed. The paper argues that by treating strategic flexibility as a CAS provides a methodology within which models based on known theories in strategic management are employed and tested using system dynamics. The paper also posits that System Dynamics (SD) modeling is a good modeling methodology that captures the dynamism in a CAS. The paper therefore presents a conceptual model for strategic flexibility and a system dynamic model that reveals the variables in play and their relationships. In so doing the paper exposes influence points in the CAS that act as intervention points by practitioners in strategic flexibility of firms. The paper presents ICTs as interventions at the influence points and presents a generic strategic flexibility system dynamic model that brings to play the impact of ICT.

scholarly journals THE LITHUANIAN REAL ESTATE TAXATION SYSTEM IN THE CONTEXT OF ALIEN COUNTRIES

2005 ◽  
Vol 9 (1) ◽  
pp. 17-32 ◽  
Author(s):  
Vida Maliene ◽  
Daiva Cibulskiene ◽  
Virginija Gurskiene
Keyword(s):  
Real Estate ◽  
The United States ◽  
Real Estate Market ◽  
Tax Reforms ◽  
Estate Tax ◽  
The Real Estate ◽  
Estate Taxation ◽  
Real Estate Tax ◽  
Taxation System ◽  
The Impact

The article aims at investigating the Lithuanian real estate taxation system in the context of the taxation system of the United States of America and European countries. The article dwells on the current situation in Lithuania; it introduces the advantages and drawbacks of the system and produces a comparative analysis as against alien countries. Proposals for the refinement of the Lithuanian real estate taxation system are presented on the grounds of the analysis results and alien experience. The article considers real estate tax base, analyses currently actualized tax reforms, and describes the impact of the changes on the real estate market. A number of principal features of real estate tax system commonly intrinsic to all considered countries, such as form of payment, basis of valuation, tax exemption, appeals, tax deductions, are discussed in the article. Analizuojama dabartine bei planuojama priimti nauja nekilnojamojo turto apmokestinimo sistema Lietuvoje, aiškinami naujai siūlomos sistemos privalumai ir trūkumai, atliekama JAV ir Europos šaliu lyginamoji analize. Remiantis gautais analizes rezultatais bei užsienio patirtimi, pateikiami siūlymai Lietuvos nekilnojamojo turto apmokestinimo sistemai tobulinti. Analizuojama nekilnojamojo turto mokesčiu baze, nagrinejamos šiuo metu Igyvendinamos mokesčiu reformos, vertinamas pasikeitimu poveikis nekilnojamojo turto rinkai. Pateikiama keletas pagrindiniu bendru visoms nagrinejamoms šalims nekilnojamojo turto mokesčiu sistemos aspektu ‐ mokejimo pobūdis, vertinimo apmokestinimo tikslais pagrindas, atleidimas nuo mokesčiu, apskundimo galimybes, lengvatos.

Policy Planning in Higher Technical Education

2021 ◽  
pp. 620-646
Author(s):  
Sanjay Soni ◽  
B.K. Chorasia
Keyword(s):  
Dynamic Model ◽  
Education System ◽  
Technical Education ◽  
Research Work ◽  
System Dynamic ◽  
System Dynamic Model ◽  
Policy Planning ◽  
Technical Institute ◽  
The Impact

In the present Research work an attempt has been made to compute quality of higher technical Institute by incorporating various important parameters such as faculty strength, Placement of students, faculty satisfaction, student's satisfaction etc. The impact of these factors on quality of higher technical education is studied by constructing a system dynamic model for policy planning for optimum quality in higher technical education system.

FINANCIAL IMPACT OF REAL ESTATE TAX ON LOCAL GOVERNMENT TAX REVENUE

2019 ◽  
pp. 35
Author(s):  
Anita Kriviņa
Keyword(s):  
Local Government ◽  
Real Estate ◽  
Local Governments ◽  
Financial Impact ◽  
Tax Revenue ◽  
Tax Administration ◽  
Estate Tax ◽  
The Real Estate ◽  
Real Estate Tax ◽  
The Impact

The real estate tax is one of the direct taxes administered by municipalities and it is the only one tax in Latvia that is fully credited to the local government budget. The research object of the article is the financial impact of real estate tax on budgets tax revenue of local governments. The aim of the research is to analyse the impact of real estate tax revenue on municipal budget in the administration context of tax expenditure. In the frames of the research following hypothesis was formulated - real estate tax has a relatively small impact on revenue of municipal budget, but it has relatively high administration costs. In order to analyse the financial impact, it was researched the expenses of real estate tax administration. As the basis for the study the estimated and actual tax administration expenses of one municipality was used.

ICT Powered Strategic Flexibility System Dynamic Model

2016 ◽  
pp. 967-987
Author(s):  
Agnes Mindila ◽  
Anthony Rodrigues ◽  
Dorothy McCormick ◽  
Ronald Mwangi
Keyword(s):  
System Dynamics ◽  
Strategic Management ◽  
Dynamic Model ◽  
Dynamic Capabilities ◽  
System Dynamic ◽  
Strategic Flexibility ◽  
System Dynamic Model ◽  
Sustainable Competitive Advantage ◽  
Modeling Methodology ◽  
The Impact

Resource-Based View (RBV) of the firm in strategic management literature focuses on firm internal endowments in terms of resources, capabilities and dynamic capabilities for their development. By establishing a learning mechanism, where they are able to adapt and influence the environment, enterprises build a dynamic competence and sustainable competitive advantage. This paper posits that this dynamic competence or strategic flexibility as referred to by strategic management scholars is a phenomenon that needs to be understood by scholars and practitioners in MSEs so that effective intervention programs can be designed. The paper argues that by treating strategic flexibility as a CAS provides a methodology within which models based on known theories in strategic management are employed and tested using system dynamics. The paper also posits that System Dynamics (SD) modeling is a good modeling methodology that captures the dynamism in a CAS. The paper therefore presents a conceptual model for strategic flexibility and a system dynamic model that reveals the variables in play and their relationships. In so doing the paper exposes influence points in the CAS that act as intervention points by practitioners in strategic flexibility of firms. The paper presents ICTs as interventions at the influence points and presents a generic strategic flexibility system dynamic model that brings to play the impact of ICT.

scholarly journals An Assessment of Factors Affecting Erp Implementation: A Systemic View

2019 ◽  
Vol 8 (3) ◽  
pp. 3801-3808
Keyword(s):  
Dynamic Model ◽  
Enterprise Resource Planning ◽  
Resource Planning ◽  
Economic Liberalization ◽  
Service Industries ◽  
System Dynamic ◽  
Equation Modeling ◽  
System Dynamic Model ◽  
Erp Implementation ◽  
The Impact

The emergence of globalization and economic liberalization has paved a new path to global industrial scenario. The impact of globalization and economic liberalization resulted in a paradigm shift in the way of carrying out business. Industries worldwide are coming up with modern tools and techniques to face the global competition and the pressure of gaining success is increasing as never before. Enterprise Resource Planning (ERP) was one such tool which emerged in the era of globalization, it plays a vital role in improving the performance of the firm at large and in yielding long term benefits which are essentials for any firm to sustain and prosper. ERP results in providing a central database wherein the data can be accessed, updated and automated. The data redundancy is eliminated which results in saving time and money. This paper focuses on building a System Dynamic model of ERP implementation management with special reference to manufacturing and service industries of North-Karnataka. This System Dynamic model is based on the results of Factor Analysis and causal loops obtained from Structural Equation Modeling. The contour plots obtained for different parameters assists managers of implementing firms in decision making which in turn lead to ERP implementation success. This system dynamic model so developed assists the managers in policy planning and in taking appropriate measures to overcome the hurdles and for hassle- free implementation of ERP at large.

scholarly journals PROPERTY TAX AS A TOOL FOR FINANCIAL REGULATION OF PUBLIC WELFARE

2020 ◽  
pp. 40-50
Author(s):  
Vasyl DEMIANYSHYN ◽  
Volodymyr HORYN
Keyword(s):  
Real Estate ◽  
Property Tax ◽  
Scientific Research ◽  
Public Welfare ◽  
Inclusive Development ◽  
Social Aspects ◽  
Estate Tax ◽  
The Social ◽  
Real Estate Tax ◽  
The Impact

Introduction. With the approval of the concept of inclusive development, the demand for scientific research aimed at finding ways to implement it in financial practice is growing, which will have a positive impact on indicators of public welfare. In this context, an important task is to ensure the integration of the principles of inclusive development into the practice of property taxation, which will ensure an increase in its efficiency and fairness. The purpose is to reveal the social aspects of property tax, including assessing the compliance of the tax collection mechanism with the principles of fairness and inclusiveness of taxation, as well as the impact of property tax on the welfare of payers, taking into account their differentiation by the level of personal income. Methods. In the article, when studying the social aspects of levying property tax, general scientific and special methods are applied, namely, generalization, comparison, grouping, tabular analysis. Results. It has been substantiated that property tax has a varied effect on public welfare, acting as a tool for ensuring the redistribution of wealth between various social groups, attracting shadow incomes to taxation, withdrawn from it thanks to schemes to minimize tax liabilities, an instrument for curbing speculation in the housing market, as well as an important source of budget revenues, which are largely directed to social goals. It has been proven that in domestic practice, real estate tax has a pronounced regressiveness and discriminatory nature in relation to payers with lower incomes. Real estate tax rates are too low, which is more beneficial for wealthy citizens and leads to losses in local budget revenues. This made it possible to argue the advisability of switching to a cost approach to determining the tax base, but only available within an appropriate institutional environment. Perspectives. Further scientific research should be directed towards finding the optimal approach to establishing the base of real estate, as well as ensuring the inclusiveness of taxation, when opportunities for tax evasion will be minimized.

scholarly journals The Impact of the Training Set Size on the Classification of Real Estate with an Increased Fiscal Burden

2019 ◽  
Vol 27 (2) ◽  
pp. 53-62
Author(s):  
Sebastian Gnat
Keyword(s):  
Real Estate ◽  
Training Data ◽  
Tax Burden ◽  
Ad Valorem Tax ◽  
Data Set ◽  
Estate Tax ◽  
Real Estate Tax ◽  
The Impact ◽  
Ad Valorem

Abstract The introduction of an ad valorem tax can lead to an increase in the tax burden on real estate. There are concerns that this increase will be large and widespread. Before undertaking any actual actions related to the real estate tax reform, pilot studies and statistical analyses need to be conducted in order to verify the validity of those concerns and other aspects regarding the replacement of a real estate tax, agricultural tax and forest tax with an ad valorem tax. The article presents results of research on the effectiveness of the classification of real estate into a group at risk of an increase of tax burden with the use of the k-nearest neighbors method. The main focus was to determine the size of a real estate set (training data set) on the basis of which classification is conducted, as well as on the efficiency of that classification, depending on the size of such data set.

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