Economies of Scale and Cost Efficiencies: A Panel-Data Stochastic-Frontier Analysis of Real Estate Investment Trusts

This paper extends the existing research on real estate investment trust (REIT) operating efficiencies. We estimate a stochastic-frontier panel-data model specifying a translog cost function, covering 1995 to 2003. The results disagree with previous research in that we find little evidence of scale economies and some evidence of scale diseconomies. Moreover, we also generally find smaller inefficiencies than those shown by other REIT studies. Contrary to previous research, the results also show that self-management of a REIT associates with more inefficiency when we measure output with assets. When we use revenue to measure output, selfmanagement associates with less inefficiency. Also contrary with previous research, higher leverage associates with more efficiency. The results further suggest that inefficiency increases over time in three of our four specifications.

Description and analysis of variation in dairy product and concomitant nutrient purchases between Hispanic and non -Hispanic households using a panel of shoppers' purchase records

The purpose of this research was development of a method of estimating nutrient availability in populations as approximated by supermarket purchase records. Demographic information describing 12,516 panel households was obtained from a marketing and advertising program operated by H. E. Butt Grocery Company of San Antonio, Texas. A non-probability sample of 2,161 households meeting expenditure criteria was selected and all purchases of dairy products for this sample of households were organized into a database constructed to facilitate the retrieval, aggregation, and analysis of dairy product purchases and their nutrient contents. Two hypotheses were tested: (1) no difference would be found between Hispanic and non-Hispanic purchases of dairy product categories during the study period and (2) no difference would be found between Hispanic and non-Hispanic purchases of nutrients contained in those dairy products during the thirteen-week study period.^ Food purchase records were used to estimate nutrient exposure on a weekly, per capita basis for Hispanic and non-Hispanic households by linking some 40,000 dairy purchase Universal Product code (UPC) numbers with food composition values contained in USDA Handbook 8-1. Results of this study suggest Hispanic sample households consistently purchased fewer dairy products than did non-Hispanic sample households and consequently had fewer nutrients available from dairy purchases. While weekly expenditures for dairy products among the sample households remained relatively constant during the study period, shifts in the types of dairy products purchased were observed. The effect of ethnicity on dairy product and nutrient purchases was significant over the thirteen-week period. A database consisting of customer, household, and purchase information can be developed to successfully associate food item UPC numbers with a standard reference of food composition to estimate nutrient availability in a population over extended periods of time. ^

Percepción de la erosión agraria

Esta investigación analiza mediante la metodología Delphi varios indicadores de calidad del suelo del olivar español, en particular, la textura, la fertilidad, el color, la profundidad, la compactación, la aireación, la materia orgánica y la infiltración del agua. El objetivo consiste en describir la percepción de los olivicultores acerca del grado de erosión en la zona de estudio, teniendo en cuenta su propia autovaloración referida a su nivel de adopción de innovaciones y a su actitud frente al riesgo de aplicar nuevas tecnologías. El panel de expertos seleccionados está formado por 63 olivicultores de la cuenca granadina del Alto Genil en el año 2005; esta zona se caracteriza por el cultivo del olivar en ladera y sus consiguientes niveles de erosión medio-altos, por lo que la actividad agraria se encuentra fuertemente condicionada por el grado de implementación de prácticas de conservación del suelo, específicamente por el laboreo según curvas de nivel, el no laboreo con herbicidas y el mantenimiento de restos de poda sobre la capa edáfica (según una encuesta preliminar del año 2004), así como por su promoción a través de la reciente legislación europea en materia agroambiental.

Segundo panel : Hacer historia reciente : Tensiones entre lo público y lo privado en el uso de fuentes producidas por fuerzas represivas

Fil: Barletta, Ana María. Universidad Nacional de La Plata. Facultad de Humanidades y Ciencias de la Educación; Argentina.

Primer panel : Presentación de los instrumentos de descripción del fondo documental de la ex DIPPBA

Fil: Lanteri, Magdalena. Universidad Nacional de La Plata. Facultad de Humanidades y Ciencias de la Educación; Argentina.

Segundo panel : Hacer historia reciente : Tensiones entre lo público y lo privado en el uso de fuentes producidas por fuerzas represivas

Fil: Barletta, Ana María. Universidad Nacional de La Plata. Facultad de Humanidades y Ciencias de la Educación; Argentina.

Primer panel : Presentación de los instrumentos de descripción del fondo documental de la ex DIPPBA

Fil: Lanteri, Magdalena. Universidad Nacional de La Plata. Facultad de Humanidades y Ciencias de la Educación; Argentina.