scholarly journals International Real Estate Review

2017 ◽  
Vol 20 (1) ◽  
pp. 75-104
Author(s):  
Han-Jang No ◽  
◽  
Dai-Won Kim ◽  
Jung-Suk Yu ◽  
◽  
...  
Keyword(s):  
Real Estate ◽  
Reference Price ◽  
Least Square ◽  
Selling Price ◽  
Ordinary Least Square ◽  
Seoul Metropolitan Area ◽  
Reserve Prices ◽  
Price Effects ◽  
Transfer Prices ◽  
Final Property

This study examines whether the reserve prices in court auctions of residential real estate in Seoul, Korea result in reference price effects by influencing the amount of the successful bid. We also explore whether the sensitivity of these reference price effects differ with housing size and assess whether the expected rate of the selling price can be predicted based on the different reserve price levels. The panel data estimates presented herein show that reserve prices positively influence the final property transfer prices; in other words, the reserve prices yield strong reference price effects. The results of the ordinary least square regressions show that the sensitivity of the reference price effects differs with housing size, albeit in an inconsistent manner. Finally, the response surface methodology analysis indicates * Corresponding author 76 No, Kim and Yu that different reserve prices lead to different reference price effects with locality across the Seoul metropolitan area. The study thus provides courts and bidders with the means to predict the potential rate of the selling price, which will be useful for decision making in auctions.

scholarly journals FAKTOR-FAKTOR YANG MEMPENGARUHI VOLUME EKSPOR UDANG PUTIH (PENAEUS INDICUS) INDONESIA KE HONGKONG SERTA IMPLIKASI KEBIJAKANNYA

2018 ◽  
Vol 5 (1) ◽  
pp. 1-24
Author(s):  
Betrix Silitonga ◽  
Manuntun Parulian Hutagaol
Keyword(s):  
Time Series ◽  
Time Series Data ◽  
Least Square Method ◽  
Least Square ◽  
Nominal Exchange Rate ◽  
White Shrimp ◽  
Series Data ◽  
Selling Price ◽  
Ordinary Least Square ◽  
Penaeus Indicus

This study aimed to analyze the factors that affect the volume of Indonesian exports of white shrimp (Penaeus indicus) to Hongkong and to formulate policies that can increase the volume of exports. Ordinary Least Square method (OLS) is used to analyze the factors that affect the volume of Indonesian white shrimp exports to Hongkong by time series data (time series) period of the last 24 years (1990 until 2013). All independent variables that have significant influence on the volume of Indonesian exports of white shrimp, which are: Hongkong population, Hongkong GDP per capita constant 2005, the nominal selling price of white shrimp Indonesia to Hongkong, the nominal selling price of white shrimp competitor to Hongkong, the nominal exchange rate of the Indonesian to Hongkong and Indonesian economic crisis in 1998 (dummy). Key words: Hongkong, Ordinary Least Square (OLS), the export volume, the white shrimp (Penaeus indicus)

scholarly journals FAKTOR-FAKTOR YANG MEMPENGARUHI VOLUME EKSPOR UDANG PUTIH (PENAEUS INDICUS) INDONESIA KE HONGKONG SERTA IMPLIKASI KEBIJAKANNYA

2018 ◽  
Vol 5 (1) ◽  
pp. 1-24
Author(s):  
Betrix Silitonga ◽  
Manuntun Parulian Hutagaol
Keyword(s):  
Time Series ◽  
Time Series Data ◽  
Least Square Method ◽  
Least Square ◽  
Nominal Exchange Rate ◽  
White Shrimp ◽  
Series Data ◽  
Selling Price ◽  
Ordinary Least Square ◽  
Penaeus Indicus

This study aimed to analyze the factors that affect the volume of Indonesian exports of white shrimp (Penaeus indicus) to Hongkong and to formulate policies that can increase the volume of exports. Ordinary Least Square method (OLS) is used to analyze the factors that affect the volume of Indonesian white shrimp exports to Hongkong by time series data (time series) period of the last 24 years (1990 until 2013). All independent variables that have significant influence on the volume of Indonesian exports of white shrimp, which are: Hongkong population, Hongkong GDP per capita constant 2005, the nominal selling price of white shrimp Indonesia to Hongkong, the nominal selling price of white shrimp competitor to Hongkong, the nominal exchange rate of the Indonesian to Hongkong and Indonesian economic crisis in 1998 (dummy). Key words: Hongkong, Ordinary Least Square (OLS), the export volume, the white shrimp (Penaeus indicus)

An evident prescience of determinants of dividend policy of Indian real estate companies

2019 ◽  
Vol 24 (3) ◽  
pp. 358-384
Author(s):  
Rakesh Kumar Sharma ◽  
Apurva Bakshi
Keyword(s):  
Real Estate ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Least Square ◽  
Alternative Methods ◽  
Firm Risk ◽  
Content Type ◽  
Ordinary Least Square ◽  
The Future ◽  
Recession Period

Purpose This paper aims to make an attempt to identify the determinants of dividend policy by analyzing 125 real estate companies, which are selected on the basis of consistent dividend distribution throughout the study period. Most of these companies either listed with Bombay Stock Exchange or National Stock Exchange. Design/methodology/approach This paper applies three alternative methods to verify and validate the results obtained from each other method, namely, fully modified ordinary least square (FMOLS), dynamic ordinary least square and generalized method of moments (GMM). Data collected of the selected companies’ post-recession period i.e. 2009-2017. The selected companies have age either 5 years old or more when data are retrieved from the above-mentioned sources. Due to much volatility in the recession period in the real estate firms at the global level, no data have been taken of the firms before March 2009. Moreover, for arriving at good analysis and an adequate number of observations for the study more recent data have been taken. Findings Empirical findings of this research paper depict that firm previous dividend, firm risk and liquidity are strong predictors of future dividend payout ratios (DPRs). The results indicate that firm risk as measured through price-earnings ratio (PE ratio) has a positive association with a DPR of selected real estate firms. Lagged DPR used in the GMM test as an exogenous variable is showing positive significant association with DPR. Firm’s growth is found significant in FMOLS and GMM techniques. On the other firm’s size is found significant according to cointegration techniques. Practical implications The present study shall be useful to different stakeholders of real estate companies. Various significant determinants as identified can be used by management for designing optimum dividend policy and providing maximum benefits to existing shareholders. Similarly existing and prospective shareholders may predict the future payment of dividend and accordingly they may take investment decisions in these firms, as the future fund’s requirement of a firm depends upon dividend payment and retention ratio. Originality/value As per the authors’ knowledge, there is no single study carried in the post-recession period to predict determinants of dividend policy of real estate sector using three alternatives of methods to verify and validate the results obtained from each other method. The study is carried out after exploring determinant from a diverse range of period of studies (oldest one to latest one).

scholarly journals The practice of FDI capital attraction in the real estate sector in Ho Chi Minh City since the accession into WTO – Predictions and recommendations

2016 ◽  
Vol 19 (4) ◽  
pp. 127-142
Author(s):  
Tung Thanh Le
Keyword(s):  
Standard Deviation ◽  
Real Estate ◽  
Least Square ◽  
Ho Chi Minh City ◽  
The Real ◽  
The Real Estate ◽  
Ordinary Least Square ◽  
Real Estate Sector ◽  
Investment Opportunities ◽  
Investment Capital

Based on the theoretical framework of commitments in the field of real estate that Vietnam made to WTO, the author aims to provide investors with an understanding about the practice of FDI capital attraction in the real estate sector in Ho Chi Minh City (HCMC) since the accession into WTO. Multiple methods are used, including estimating the proportions of projects, investment capital and average capital per project so as to assess the trend in FDI capital attraction in the real estate sector in HCMC from Jan 2007 to May 2016. Besides, the author also applies three statistical methods, namely linear regression, ordinary least square and parabolic and compared them using the smallest standard deviation, thereby forecasting the FDI investment in the real estate sector in HCMC between 2016 and 2020. Results show that the total FDI capital in real estate in HCMC in 2018 and 2020 will be from 1.7 to 2.8 times compared with 2020 respectively. Based on the results, the author offers suggestions to the relevant authorities and enterprises to grasp the market and investment opportunities.

Dampak Kebijakan Moneter Pada Output Di Negara-Negara ASEAN Tahun 1980-2014

2017 ◽  
Vol 4 (1) ◽  
pp. 58-70
Author(s):  
Nur Widiastuti
Keyword(s):  
Monetary Policy ◽  
Interest Rate ◽  
Fixed Effects ◽  
Empirical Studies ◽  
Negative Relationship ◽  
Least Square ◽  
Fixed Effects Model ◽  
State Data ◽  
Ordinary Least Square ◽  
The Impact

The Impact of monetary Policy on Ouput is an ambiguous. The results of previous empirical studies indicate that the impact can be a positive or negative relationship. The purpose of this study is to investigate the impact of monetary policy on Output more detail. The variables to estimatate monetery poicy are used state and board interest rate andrate. This research is conducted by Ordinary Least Square or Instrumental Variabel, method for 5 countries ASEAN. The state data are estimated for the period of 1980 – 2014. Based on the results, it can be concluded that the impact of monetary policy on Output shown are varied.Keyword: Monetary Policy, Output, Panel Data, Fixed Effects Model

PENGARUH PENANAMAN MODAL ASING, PERDAGANGAN INTERNASIONAL, GDP PER KAPITA, SEKTOR PERTANIAN, DAN URBANISASI TERHADAP PENDUDUK BEKERJA DI INDONESIA

2017 ◽  
Vol 21 (2) ◽  
pp. 85-95
Author(s):  
John Marcell Rumondor
Keyword(s):  
International Trade ◽  
Gross Domestic Product ◽  
Foreign Investment ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Least Square ◽  
Domestic Product ◽  
Working Population ◽  
Ordinary Least Square ◽  
Per Capita

This research aims to understand the influenceof foreign investment, international trade, Gross Domestic Product per capita, agriculture and urbanization of the working population. Country used as an object in this research is Indonesia. This research uses the method of analysis Ordinary Least Square (OLS) and the multiple linear regression analysis method. Research period are from 1997 – 2012. The results showed that the international trade, Gross Domestic Product per capita, agriculture and urbanization have significantpositive influenceon the population work in Indonesia, but foreign investment has no significanteffect on the working population in Indonesia.

PENGARUH KNOWLEDGE MANAGEMENT, KOMPETENSI, MOTIVASI TERHADAP KINERJA KARYAWAN

2015 ◽  
Vol 5 (2) ◽  
pp. 1
Author(s):  
Miftahol Arifin
Keyword(s):  
Knowledge Management ◽  
Linear Regression ◽  
Significant Influence ◽  
Employee Performance ◽  
Least Square Method ◽  
Least Square ◽  
Analysis Tool ◽  
Ordinary Least Square ◽  
Competence Motivation ◽  
Performance Analyze

The purpose of this research is to analyze the influence of knowledge management on employee performance, analyze the effect of competence on employee performance, analyze the influence of motivation on employee performance). In this study, samples taken are structural employees PT.centris Kingdom Taxi Yogyakarta. The analysis tool in this study using multiple linear regression with Ordinary Least Square method (OLS). The conclusion of this study showed that the variables of knowledge management has a significant influence on employee performance, competence variables have an influence on employee performance, motivation variables have an influence on employee performance, The analysis showed that the variables of knowledge management, competence, motivation on employee performance.Keywords: knowledge management, competence, motivation, employee performance.

The Impact of Competitive Quasi-Market on Service Delivery in Benue State University, Makurdi Nigeria

GIS Business ◽  
2019 ◽  
Vol 14 (4) ◽  
pp. 85-98
Author(s):  
Idoko Peter
Keyword(s):  
Service Delivery ◽  
A Priori ◽  
Least Square ◽  
Secondary Source ◽  
State University ◽  
Ordinary Least Square ◽  
Negative Effect ◽  
The Impact ◽  
The Relationship

This research the impact of competitive quasi market on service delivery in Benue State University, Makurdi Nigeria. Both primary and secondary source of data and information were used for the study and questionnaire was used to extract information from the purposively selected respondents. The population for this study is one hundred and seventy three (173) administrative staff of Benue State University selected at random. The statistical tools employed was the classical ordinary least square (OLS) and the probability value of the estimates was used to tests hypotheses of the study. The result of the study indicates that a positive relationship exist between Competitive quasi marketing in Benue State University, Makurdi Nigeria (CQM) and Transparency in the service delivery (TRSP) and the relationship is statistically significant (p<0.05). Competitive quasi marketing (CQM) has a negative effect on Observe Competence in Benue State University, Makurdi Nigeria (OBCP) and the relationship is not statistically significant (p>0.05). Competitive quasi marketing (CQM) has a positive effect on Innovation in Benue State University, Makurdi Nigeria (INVO) and the relationship is statistically significant (p<0.05) and in line with a priori expectation. This means that a unit increases in Competitive quasi marketing (CQM) will result to a corresponding increase in innovation in Benue State University, Makurdi Nigeria (INVO) by a margin of 22.5%. It was concluded that government monopoly in the provision of certain types of services has greatly affected the quality of service experience in the institution. It was recommended among others that the stakeholders in the market has to be transparent so that the system will be productive to serve the society effectively

Peranan Sektor Pertanian dalam Perekonomian Kabupaten Manokwari

Agrotek ◽  
2018 ◽  
Vol 3 (1) ◽  
Author(s):  
Kunto Wibowo
Keyword(s):  
Agricultural Sector ◽  
Raw Materials ◽  
Secondary Data ◽  
Least Square ◽  
Food Crops ◽  
Literature Study ◽  
Location Quotient ◽  
Ordinary Least Square ◽  
Plantation Crops ◽  
Vegetables And Fruits

<em>The agricultural sector</em><em> is a strategic sector in Manokwari regency. The agricultural sector provides a major contribution in the regional economy, an economic base of rural people, dominate the life of most residents in this region and provider of food and raw materials for other sectors. The purpose of this study was to determine how big the contribution of different sub-sectors that exist in the agricultural sector, which analyzes sectors influential in changing the economic structure of agriculture in the area and know the potential commodities that can be developed in an effort to enhance the role of the agricultural sector. The research method used through literature study and analysis of secondary data sourced from the relevant authorities. To find out how big the factors that influence changes in economic structures of domination of the agricultural sector into non-agricultural sector estimates used Ordinary Least Square (OLS). For the determination of the potential commodities that can be seeded used method approach Location Quotient (LQ). The results showed the greatest contribution of the different sub-sectors within the agricultural sector contained in the food crops sub-sector. Based on the rate of growth per year, plantation crops sub-sector occupied the highest positions. The sectors that provide real impact on the agricultural sector's contribution to the regional gross domestic product �of the building sector and services sector. Potential commodities that can be developed in different areas in Manokwari regency include food crops and pulses, vegetables and fruits and livestock including cows, goats, pigs and chicken.</em>

URGENSI AUDIT JUDGEMENT PADA POST CLEARANCE AUDIT

2020 ◽  
Vol 4 (1) ◽  
Author(s):  
Masruri Muchtar ◽  
Prasetya Utama
Keyword(s):  
Self Efficacy ◽  
Least Square ◽  
Coefficient Of Determination ◽  
Experience Level ◽  
Level Of Education ◽  
Future Studies ◽  
Ordinary Least Square ◽  
Audit Judgment ◽  
Depth Interview ◽  
Study Results

ABSTRACT:The auditor should have eminence audit judgment to support their assignment This research aims to provide empirical evidence that self-efficacy, experience, level of education, and skepticism have an impact on audit judgment. The population are auditors who had carried out post-clearance audit assignments. This research uses a quantitative approach by testing the theories and hypotheses that have been prepared. Ordinary least square (OLS) linear regression as an analytical model is used in this study. Results show that experience and education level have no impact on audit judgment, whereas self-efficacy and skepticism have a positive and significant impact on audit judgment. Efforts to improve self-efficacy and auditor skepticism are urgently needed. The coefficient of determination describes the variation of variables of self-efficacy, experience, level of education, and skepticism able to explain the variation of audit judgment variables by 51%. The remaining 49% is explained by other variables not involved in this study. Future studies may enhance with other variables and employ in-depth interview methods.Keywords: audit judgment, experience, level of education, post-clearance audit, self-efficacy, skepticism, post-clearance audit ABSTRAK:Auditor seyogyanya memiliki kemampuan audit judgment yang berkualitas guna mendukung penugasannya. Tujuan penelitian adalah memberikan bukti empiris bahwa efikasi diri, pengalaman, tingkat pendidikan, dan skeptisisme memiliki pengaruh terhadap audit judgement. Populasi dalam penelitian ini adalah auditor Direktorat Jenderal Bea dan Cukai (DJBC) yang pernah melakukan post clearance audit. Ini merupakan pendekatan kuantitatif yang menguji teori serta hipotesis yang telah disusun. Riset ini menggunakan regresi linear ordinary least square (OLS) sebagai model analisis. Hasil studi memperlihatkan pengalaman dan tingkat pendidikan tidak berpengaruh pada audit judgement, namun efikasi diri dan skeptisisme berpengaruh signifikan pada audit judgement. Implikasinya DJBC perlu memberikan perhatian khusus terhadap berbagai upaya dalam peningkatan efikasi diri dan skeptisisme auditor. Tulisan ini adalah pengembangan beberapa penelitian sebelumnya namun dalam konteks pengujian untuk jenis audit ketaatan. Nilai koefisien determinasi menggambarkan variasi variabel efikasi diri, pengalaman, tingkat pendidikan, dan skeptisisme dapat menjelaskan variasi variabel audit judgement sebesar 51%. Sisanya sebesar 49% dijelaskan oleh variabel lainnya yang tidak diujikan dalam tulisan ini. Dengan adanya keterbatasan waktu pada penelitian ini diharapkan mendorong penelitian berikutnya untuk dapat menyertakan beberapa variabel lain yang relevan dan melengkapinya dengan metode in-depth interview.Kata Kunci: bea dan cukai, efikasi diri, pengalaman, skeptisisme, tingkat pendidikan

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