Housing Prices and Maturing Real Estate Markets: Evidence from Uganda

Uganda, a less developed but rapidly growing East African nation, continues to correct the economic mismanagement of past governments. One important legacy of this mismanagement is the Land Decree of 1975, issued by then President Idi Amin Dada. This decree nationalized all land and made illegal all private real estate market transactions. This paper uses a rich, but little known, dataset to show that real estate markets appear to have continued operating reasonably efficiently in spite of the 1975 Decree. The Land Act of 1998 repealed the 1975 Decree. Our results suggest the recent Act has a high likelihood of success because its primary goal is to codify guarantees of security, transparency, and enforceable property rights in private real estate markets that appear to already exist.     

1998-2010年江苏省引进FDI与碳排放的相关性评估

概述了1998-2010年江苏省引进FDI的规模和结构特征,应用Kaya恒等式评估了1998-2010年江苏省的年度碳排放量。应用单整检验和EG两步检验法,证明了江苏省FDI规模与碳排放量存在协整关系。利用格兰杰因果检验,证明了滞后期为1-3时,江苏省FDI变化是碳排放量变化的原因,但碳排放量变化不是江苏省FDI变化的原因。从产业结构看,江苏省第一产业FDI的变化与碳排放变化不存在因果关系;江苏省第二产业FDI的变化从长期看是碳排放量变化的原因;不论是短期还是长期,江苏省碳排放量的变化均是第三产业FDI规模变化的原因。     

重大灾害风险防控策略选择：基于1998～2008年全球重大灾害风险分布的实证研究

从1998-2008年全球发生的可统计的重大灾害数据出发,从其发生的频率、危害的程度、风险的分布、所造成的生命财产的损失以及与自然灾害、人为重大灾害之间的关联度上,分析近11年间全球重大灾害的风险分布特征,并就全球防灾抗灾做出了深入研究和探讨,提出相应的建设性对策建议,包括建立地区性的整体联防联控机制,加强极端气象的风险评估和灾害气象的群防群控以及科学预测,重大灾害信息共享和应对灾害的技术共享,重大灾害的民间救助与政府参与同时并举,以及扩大地区性或者行业性重大灾害风险基金的覆盖面、提高公众参与重大灾害保险意识等。     

Family,life cycle and consumption of services: the Spanish case

This article presents an analysis of service consumption patterns in Spanish homes, based on different stages in the life cycle of a family, using cross-section data from the Encuesta Continua de Presupuestos Familiares (Ongoing Survey of Family Budgets). The study's main objective consists of establishing a taxonomy of services consumed by the home by estimating income elasticity. The results obtained classify services as inferior, necessary and luxury and also point the public sector in the direction of some economic policy measures involving a more balanced distribution of income.