Current Issue : April - June Volume : 2016 Issue Number : 2 Articles : 5 Articles
In this paper, the author examines the development of the spatial distribution of housing\nprices. Due to consumer preferences for access over amenity value, there is a spatial disparity\nof housing prices. According to Alonsoâ��s extension of von T�¼nenâ��s theory, the relationship\nbetween housing prices in urban and rural areas tends to follow certain principles. This\nrelationship is more often negative than positive, i.e. the price of a standardized unit of\nhousing declines with increasing distance from a central business district (CBD). It has been\ndocumented that this relationship is negative for Iceland, as well as in many regions of other\ncountries. It is argued here that this relationship has become increasingly marked in Iceland,\nmost likely due to the altered household preferences and structural changes. A macro panel\ndata set from Iceland will be used, representing several essential variables of the residential\nhousing market for 79 municipalities in Iceland from 1981 to 2006....
Markets act as pivotal point in the agricultural transformation process. Access to market plays\ncrucial role in exploiting the marketing opportunities for the pineapple farmers. In the study\narea, the strategies to unlock the market access among pineapple farmers are wanting and\nthese have resulted to limited marketing outlets. This study therefore seeks to determine the\nfactors influencing the choice of pineapple marketing outlets in Bureti district. The\ncross-sectional data were collected from a sample of 100 small-scale pineapple farmers. Data\nwas analyzed using descriptive and Multinomial Logit model. The results showed that gender,\ngroup marketing, pineapple produce, price information, marketing under contract and vehicle\nownership significantly influenced the choice of pineapple marketing outlets. The study has potential policy implication of improving the pineapple marketing performance and the\nwelfare of the farmer....
The study was based on the indifference curve analysis as an economics concept that is\npremised on assessing consumer behaviour driven by their budgets, products choice and\nmaximum satisfaction. The model was applied in the Zimbabwe tourism destination since the\nbehaviour of the tourists has changed from positive to a negative over its offerings. The\nresearch was done using both qualitative and quantitative research designs which is a mixed\nmethod. The results of the research shows that the budgets of tourists are failing to meet the\nprices charged in the Zimbabwean tourism destination. Local participants pointed on the\neconomic downfall which has reduced the value of their disposable income associated with\nhigh unemployment rate. Foreign respondents revealed that the Zimbabwean tourism\ndestination is expensive for holiday makers as compared to other tourism destinations in the\nregion. These factors have reduced the totals satisfaction of tourists in Zimbabwe. The\nresearch therefore recommended price discrimination charging relatively low prices to local tourists, intensive campaigns to positively change the behaviour of local tourists and mergers\nso as to achieve economies of scale and charge low prices....
Oil prices and stock markets play vital functions to a country�s economic condition. Thus,\nthis study examines the dynamic relationship between the inflation adjusted Philippine Stock\nExchange index (PSEi) prices and real oil prices in Philippine peso using monthly data from\nJanuary 1996 to December 2014 applying the Vector Autoregression (VAR) Model. Granger\nCausality Test, Impulse Response Functions (IRFs) and Forecast Error Variance\nDecomposition (FEVD) were also used to aid in the analyses of the results. The results of this\nstudy suggest that there is no significant relationship between the monthly inflation adjusted\nstock prices of the PSEi and monthly real oil prices in peso. This paper offers guidance to the\ninvestors that the real oil prices do not significantly Granger-cause the movement of the\nmonthly prices of the PSEi. It is suggested that the dynamic relationship between oil prices,\nindustrial production and share prices of sector indices in the Philippines that are highly\noil-dependent be investigated in future research considering the oil demand and supply\nshocks....
Because of frequent price instability, stock market in Bangladesh represents itself an\nimperfect one over times. The retail investors claim that these frequent price fluctuation in the\nmarket is due to price manipulation, presence of syndicate and improper control by regulatory\nbodies and so on. But this study has found that a great portion of retail investors are very\nmicro investors and reluctant in using relevant information in stock trading and furthermore\nridiculously influenced by others investors and brokerage house personnel. Most of them\nconsider only trend of past prices and market index. Majority of our respondents never\nconsidered net asset per share although it might give an idea about market value per share. So,\nthe whole responsibilities of this price volatility and market imperfection can�t be shifted to\nthird parties solely; retail investor themselves are responsible to some extent due to their\nirrational behavior and high expectation from stock trading. Stock market perfection in\nBangladesh is quite impossible without enhancing awareness among retail investors and\nensuring their rational behavior in stock trading....
Loading....