997 resultados para Rural Land Total Returns
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This layer is a georeferenced raster image of the historic paper map entitled: Africa, A. Arrowsmith. It was published by A. Arrowsmith, Soho Square. Additions to 1811. Scale [ca. 1:6,750,000]. This layer is image 4 of 4 total images of the four sheet source map, representing the northwest portion of the map. Covers also a small portion of Europe and the Middle East.The image inside the map neatline is georeferenced to the surface of the earth and fit to the Africa Sinusoidal projected coordinate system. All map collar and inset information is also available as part of the raster image, including any inset maps, profiles, statistical tables, directories, text, illustrations, index maps, legends, or other information associated with the principal map. This map shows features such as drainage, cities and other human settlements, territorial boundaries, roads, shoreline features, and more. Relief shown by hachures. Includes notes.This layer is part of a selection of digitally scanned and georeferenced historic maps from the Harvard Map Collection. These maps typically portray both natural and manmade features. The selection represents a range of originators, ground condition dates, scales, and map purposes.
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This layer is a georeferenced raster image of the historic paper map entitled: Colombia Prima or South America : in which it has been attempted to delineate the extent of our knowledge of that continent, extracted chiefly from the original manuscript maps of ... Pinto, likewise fom those of João Joaquin da Rocha, João da Costa Ferreira ... Francisco Manuel Sobreviela &c. and from the most authentic edited accounts of those countries, digested & constructed by ... Louis Stanislas D'Arcy Delarochette. It was published by William Faden geographer to His Majesty and to His Royal Highness the Prince of Wales in June 4th, 1807. Scale [ca. 1:3,000,000]. This layer is image 1 of 7 total images of the eight sheet map, representing the southeast portion of the map.The image inside the map neatline is georeferenced to the surface of the earth and fit to the South America Lambert Conformal Conic projected coordinate system. All map collar and inset information is also available as part of the raster image, including any inset maps, profiles, statistical tables, directories, text, illustrations, index maps, legends, or other information associated with the principal map. This map shows features such as drainage, cities and other human settlements, roads, territorial boundaries, shoreline features, mines, tribes, and more. Relief shown by hachures. Includes notes.This layer is part of a selection of digitally scanned and georeferenced historic maps from the Harvard Map Collection. These maps typically portray both natural and manmade features. The selection represents a range of originators, ground condition dates, scales, and map purposes.
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This study gives an overview of the theoretical foundations, empirical procedures and derived results of the literature identifying determinants of land prices. Special attention is given to the effects of different government support policies on land prices. Since almost all empirical studies on the determination of land prices refer either to the net present value method or the hedonic pricing approach as a theoretical basis, a short review of these models is provided. While the two approaches have different theoretical bases, their empirical implementation converges. Empirical studies use a broad range of variables to explain land values and we systematise those into six categories. In order to investigate the influence of different measures of government support on land prices, a meta-regression analysis is carried out. Our results reveal a significantly higher rate of capitalisation for decoupled direct payments and a significantly lower rate of capitalisation for agri-environmental payments, as compared to the rest of government support. Furthermore, the results show that taking theoretically consistent land rents (returns to land) and including non-agricultural variables like urban pressure in the regression implies lower elasticities of capitalisation. In addition, we find a significant influence of the land type, the data type and estimation techniques on the capitalisation rate.
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Contribution from Bureau of Agricultural Economics.
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In Queensland, Australia, there is presently a high level of interest in long-rotation hardwood plantation investments for sawlog production, despite the consensus in Australian literature that such investments are not financially viable. Continuing genetics, silviculture and processing research, and increasing awareness about the ecosystem services generated by plantations, are anticipated to make future plantings profitable and socio-economically desirable in many parts of Queensland. Financial and economic models of hardwood plantations in Queensland are developed to test this hypothesis. The economic model accounts for carbon sequestration, salinity amelioration and other ecosystem service values of hardwood plantations. A carbon model estimates the value of carbon sequestered, while salinity and other ecosystem service values are estimated by the benefit transfer method. Where high growth rates (20-25 m(3) ha(-1) year(-1)) are achievable, long-rotation hardwood plantations are profitable in Queensland Hardwood Regions 1, 3 and 7 when rural land values are less than $2300/ha. Under optimistic assumptions, hardwood plantations growing at a rate of 15 in 3 ha-1 year 1 are financially viable in Hardwood Regions 2, 4 and 8, provided land values are less than $1600/ha. The major implication of the economic analysis is that long-rotation hardwood plantation forestry is socio-economically justified in most Hardwood Regions, even though financial returns from timber production may be negative. (c) 2003 Elsevier B.V. All rights reserved.
Os fundos de investimento imobiliário listados em bolsa e as variáveis que influenciam seus retornos
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Os fundos de investimento imobiliário combinam características tanto do mercado imobiliário, fonte de seus rendimentos, quanto do mercado de capitais, ambiente em que são negociados. O impacto de cada um desses mercados subjacentes no comportamento, desempenho e risco dessa classe de ativos não é, no entanto, ainda claramente definida, sendo um dos grandes temas em análise, tanto na literatura acadêmica, quanto na indústria de fundos internacionais. Em face da significativa expansão dessa alternativa de investimento no mercado brasileiro, no presente estudo foram analisadas as variáveis que influenciam os retornos dos fundos imobiliários brasileiros para uma amostra de fundos listados em Bolsa de Valores de São Paulo, período de 2008-2013. Seguindo a metodologia de Clayton e Mackinnon (2003), os fatores explicativos dos retornos foram decompostos em quatro componentes principais, sendo três fatores de retorno de mercado (mercado de ações, mercado de renda fixa e mercado imobiliário) e risco idiossincrático. De acordo com a estatística descritiva, os fundos imobiliários da amostra apresentaram maior retorno em relação aos demais mercados, exceto em comparação com o mercado imobiliário, porém com menor risco. As análises de correlação, regressão e decomposição da variância indicam que o mercado de ações e o mercado imobiliário direto são, em geral, significativos no modelo, porém explicam apenas cerca de 15% da volatilidade dos retornos dos fundos da amostra. À luz da Moderna Teoria do Portfólio, esses resultados indicam que a inclusão de fundos imobiliários pode ter potencial diversificador numa carteira multi-ativo, seja aumentando o retorno total de uma carteira formada de ações e títulos de renda fixa, sem acréscimo em risco; ou mantendo o retorno dessa carteira, com diminuição da volatilidade, ampliando assim a fronteira eficiente da carteira. Esse efeito questiona o tradicional equilibrium fund de carteiras de investimentos formadas apenas de ações e renda fixa e aponta os fundos imobiliários como uma alternativa de investimento diversificadora, enquanto classe de ativo única. A análise de subamostras por tipologia indica, porém, que o papel diversificador dos fundos imobiliários está atrelado ao tipo de empreendimento que lastreia esse fundo, uma vez que os fatores explicativos e seus impactos nos retornos diferem de uma tipologia para outra. Esse resultado tem importantes implicações no critério de seleção a ser adotado tanto por investidores para seleção de ativos para uma carteira otimizada, como para gestores de fundos imobiliários na formatação e gestão desses produtos. Conclui-se também que os retornos dos fundos, de certo modo, refletem seu caráter híbrido, mas o modelo decomposto em 4 componentes não é suficiente para explicar os retornos dos fundos imobiliários, uma vez que o modelo estendido, demonstrou que outras variáveis, inclusive parâmetros desses próprios mercados, além de variáveis macroeconômicas e as características de cada fundo (eg. market-to-book, tamanho), podem ser responsáveis por explicar considerável parte da variância dos retornos dos FIIs.
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The relationship between Iowa’s roads and drainage developed when rural roads were originally constructed. The land parallel to roadways was excavated to create road embankments. The resulting ditches provided an outlet for shallow tiles to drain nearby fields for farming. Iowa’s climate and terrain are nearly ideal for farming, and more than 90 percent of the land suits the purpose. Much of the land, however, needs to be artificially drained to achieve maximum productivity. Most of this drainage has been accomplished with an extensive network of levees, open ditches, and underground tiles. The U.S. Census Bureau estimated that as early as 1920 approximately nine million acres of Iowa farm land had been artificially drained or needed to be. Couple this drainage system with Iowa’s extensive surface transportation system—approximately 100,000 miles of roads and streets, 90,000 on local systems— and potential for conflicts will naturally arise. This is particularly true with urban expansion resulting in residential and commercial development of rural land. This manual contains summaries of and references to the laws most relevant to drainage in Iowa. It also includes frequently asked questions about transportation agencies’ responsibilities related to drainage. Typical policies and agreement forms used by agencies to address drainage issues are illustrated and a glossary of common terms is included.
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The Yellow River Headwaters Watershed (YRHW) drains 26,730 acres of rural land within Winneshiek and Allamakee Counties. While portions of the river have been designated as a High Quality Resource by the State of Iowa, other portions appear on the State's 303(d) List of Impaired Waters due to excessive nutrients, sediment and other water quality issues. The Winneshiek SWCD was fortunate enough to secure WSPF/WPF funds for FY2009 to begin addressing many of the sources of the identified problems, especially along the all-to-critical stream corridor. Initial landowner I producer interest has exceeded expectations and several key BMPs have been installed within the identified critical areas. Yet due to the current budget constraints in the WSPF/WPF programs, we currently have greater landowner I producer interest than we do funds, which is why the District is applying for WIRB funding, to provide supplemental incentives to continue the installation of needed Grade Stabilization Structures, Terraces and Manure Management Systems in identified critical areas. Other funding, currently available to the District, will cover the remaining portions of the project's budget, including staff and our outreach efforts.
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Survey map and description of Adam Gould's land created by The Welland Canal Company. Included is a written description of the land along with a drawing of the land. Noteable features include; allowance between 4th and 5th concession, line of Northrup's land. Total land mass is 6 acres and 6 perches. The deed for the land is dated May 7th, 1827. Surveyor notes are seen in pencil on the map.
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On trouve sur les côtes de l’estuaire du Saint-Laurent des vestiges de quai dont la ressemblance mutuelle suggère leur contemporanéité. Les vestiges de ces «quais du gouvernement » relatent une importante conjoncture (1870-1930) caractérisée par l'intégration des localités côtières dans une économie interrégionale. Le quai, autrefois lieu d'interface entre la ruralité et le cabotage, devient pour l'archéologue une occasion de retracer les éléments entrant dans sa conception et sa réalisation. L’observation des éléments architecturaux permet de distinguer les traits architecturaux associés aux quais du gouvernement parmi l’ensemble des techniques de construction déjà employées dans l’estuaire au XIXe siècle.
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Estudio del desarrollo de los nexos lingüísticos dentro de la expresión escrita, desarrollo de los nexos gramaticales y sus posibles connotaciones con el desenvolvimiento de otros factores personales. Niños pertenecientes a un ambiente urbano y el otro grupo al ambiente rural; un total de 826 sujetos de los tres ciclos de EGB. Realización de ejercicios de redacción por los niños, espaciando unos días la ejecución de tres ejercicios para que se emplearan todos los recursos lingüísticos. Después se analizan los tipos de nexos que aparecían y su frecuencia. Realización, por parte de los alumnos, de una redacción sobre una excursión, resumen de una historieta leída por el profesor, creación de una historieta. Las diferencias entre las dos muestras sociográficas son pequeñas, inclinándose a favor de la muestra sociográfica urbana. En cuanto a los ciclos, el uso de la coordinación copulativa, es mayoritaria en los dos primeros ciclos. Las derivaciones didácticas indican la dependencia de las fuentes presentadas en el primer ciclo. En el segundo, el uso de los nexos lingüísticos es más rico y en el tercero se instalan de forma definitiva los nexos lingüísticos. La variable descriptiva tiene un comportamiento diferente según se refiera al uso de los nexos prepositivos o conjuntivos, la variable creativa es superior debido al uso de nexos conjuntivos.
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Las ocupaciones ilegales, vinculadas a los procesos especulativos del mercado de tierras, generan numerosas tensiones ambientales y sociales. Estos conflictos se ven reforzados por la debilidad de las instituciones y los choques de intereses entre los agentes económicos. La mayoría de los estudios sobre los procesos de ocupación de las zonas rurales periurbanas en el Estado de Sao Paulo, Brasil, se basan en la suposición de que de la Ley de Protección de los Manantiales (LPM) se genera la caída de los precios de las tierras. En este contexto, el presente estudio aporta un análisis de la urbanización de estas áreas en los manantiales de la región metropolitana de Sao Paulo, del control de la influencia de la LPM en las ocupaciones y de la depreciación/valorización de terrenos ubicados en esa zona. Los resultados muestran que el comportamiento de los precios de las tierras agrícolas de los municipios pertenecientes a las cuencas hidrográficas de la zona no estuvo influenciado por la LPM. La influencia predo inante, en este caso, es la de las políticas macroeconómicas del plan real de Brasil.
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La major conscienciació actual dels problemes de pol·lució que acompanyen les pèrdues de N del sòl cap a l'atmosfera ha reorientat les investigacions cap a un coneixement més profund dels processos implicats en les emissions dels compostos nitrogenats que comporten un major perjudici des d'un punt de vista ecològic així com els seus principals factors reguladors. La creixent preocupació per l'increment de la concentració atmosfèrica de N2O és deguda a les seves interaccions amb la fotoquímica atmosfèrica i el balanç de radiació de la Terra ja que intervé en la destrucció de la capa estratosfèrica d'ozó, contribueix a l'efecte hivernacle i participa de la pluja àcida. Es considera que els sòls són la principal font de N2O atmosfèric. Al voltant del 90% d'aquestes emissions són d'origen biòtic; els principals processos implicats són la desnitrificació i la nitrificació. L'emissió del N2O produït a través d'aquests dos processos es caracteritza pels diferents nivells de regulació que presenta ja que depèn de la taxa dels processos, de la proporció de N canalitzada per cada procés cap a la producció de N2O i del seu consum dins el mateix sòl el qual està relacionat amb les dificultats en el transport cap a l'atmosfera. Això comporta una gran dificultat a l'hora d'aprofundir en el coneixement de les emissions de N2O del sòl cap a l'atmosfera i de la seva regulació. El desconeixement dels nivells d'emissió de N2O i de la importància de la desnitrificació així com de la seva regulació tant en sòls agrícoles com naturals de les nostres contrades és el principal punt de partida dels objectius d'aquest treball.
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The evaluation of EU policy in the area of rural land use management often encounters problems of multiple and poorly articulated objectives. Agri-environmental policy has a range of aims, including natural resource protection, biodiversity conservation and the protection and enhancement of landscape quality. Forestry policy, in addition to production and environmental objectives, increasingly has social aims, including enhancement of human health and wellbeing, lifelong learning, and the cultural and amenity value of the landscape. Many of these aims are intangible, making them hard to define and quantify. This article describes two approaches for dealing with such situations, both of which rely on substantial participation by stakeholders. The first is the Agri-Environment Footprint Index, a form of multi-criteria participatory approach. The other, applied here to forestry, has been the development of ‘multi-purpose’ approaches to evaluation, which respond to the diverse needs of stakeholders through the use of mixed methods and a broad suite of indicators, selected through a participatory process. Each makes use of case studies and involves stakeholders in the evaluation process, thereby enhancing their commitment to the programmes and increasing their sustainability. Both also demonstrate more ‘holistic’ approaches to evaluation than the formal methods prescribed in the EU Common Monitoring and Evaluation Framework.
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The principle aim of this research is to elucidate the factors driving the total rate of return of non-listed funds using a panel data analytical framework. In line with previous results, we find that core funds exhibit lower yet more stable returns than value-added and, in particular, opportunistic funds, both cross-sectionally and over time. After taking into account overall market exposure, as measured by weighted market returns, the excess returns of value-added and opportunity funds are likely to stem from: high leverage, high exposure to development, active asset management and investment in specialized property sectors. A random effects estimation of the panel data model largely confirms the findings obtained from the fixed effects model. Again, the country and sector property effect shows the strongest significance in explaining total returns. The stock market variable is negative which hints at switching effects between competing asset classes. For opportunity funds, on average, the returns attributable to gearing are three times higher than those for value added funds and over five times higher than for core funds. Overall, there is relatively strong evidence indicating that country and sector allocation, style, gearing and fund size combinations impact on the performance of unlisted real estate funds.