11,618 research outputs found

    Residential On-Site Carsharing and Off-Street Parking Policy in the San Francisco Bay Area, Research Report 11-28

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    In light of rising motorization, transportation planners have increasingly supported alternatives to the indiscriminate use of the car. Off-street parking policy and carsharing have emerged as credible alternatives for discouraging car ownership. This report explores an initiative that could connect these policy fields and build on their synergy: the provision of on-site carsharing service in residential developments. It evaluates the performance of on-site carsharing programs in the San Francisco Bay Area by interviewing developers, planners, and carsharing service providers. Interviews were conducted in four Bay Area cities that support the provision of carsharing as an alternative to the private automobile. Based on these interviews, this report identifies the principal factors contributing to the success or failure of on-site carsharing: the unbundling status of off-street parking in residential developments; ties to off-street parking standards; financial constraints; and the level of coordination among stakeholders. The interviews revealed that on-site carsharing has been accepted by developers, planners, and service providers, particularly in densely-populated, transit-rich communities. Nevertheless, there appears to be a gap between on-site carsharing programs and off-street parking standards, and between carsharing programs and carsharing business operations. The authors recommend that a few models for establishing carsharing policy be tested: a model designed to serve high-density cities with traditional carsharing; and another designed to serve moderately-dense communities, with new carsharing options (e.g., peer-to-peer). In the case of the latter, trip reduction can be achieved through the promotion of alternative modes along major corridors

    Amenity or Necessity? Street Standards as Parking Policy, Research Report 11-23

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    This paper explores the rationales underlying the use of minimum street width requirements to mandate street parking. A survey of 97 cities reveals that this mandate is not a technical necessity based on safety concerns or an amenity reflecting market demand, two common beliefs held by decision-makers. Many residents are likely unwilling to pay for street parking if it is unbundled from housing. The hidden parking policies should be made transparent and subject to public oversight, the double standard between private and public streets should be eliminated, and parking on residential streets should be optional

    Investor Sentiment and Noise Traders: Discount to Net Asset Value in Listed Property Companies in the U.K.

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    There are parallels between the operation of closed-end funds and in the United Kingdom property companies. In both types of corporations, the market capitalization is commonly less than the net asset value (NAV) of the assets owned by the firms. This article investigates the relationship between the NAV of U.K. property companies and their market capitalizations. We first examine the hypothesis that discounts are the result of agency costs, contingent capital gains tax liability and a number of other firm specific factors. We then examine the hypothesis that discounts result from the interaction of noise traders and rational investors. The evidence suggests that both hypotheses have utility in explaining property company discounts.

    Intra-industry trade in Latin America and the Caribbean

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    An increasingly important component of total world trade is intra-industry trade (IIT). The large volume of literature on IIT is reflective of this importance. However, this extensive literature has focused almost completely on explaining the causes of IIT. This focus has left a puzzling gap in the literature. Specifically, it is almost impossible to determine the level of IIT for a particular country or region. Further, there is almost no information on the level of IIT at the industry level either globally or for a region or country. In this paper we provide estimates of IIT for the world and for the countries of the Western Hemisphere. Further, we provide estimates of IIT for ten different SITC product categories on the same basis. The findings of the paper indicate that in most industries, IIT in Latin America is substantially lower overall than the world average. There are, however, substantial variations observed both by country and by industry. Because the results are the first available for the region as a whole, they should allow researchers to get a better picture of the extent of IIT in Latin America and the Caribbean by country and by industry.Intra-industry trade; Latin America

    Functional form for United States-México trade equations

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    The literature concerning bilateral trade flows between Mexico and the United States is comparatively small. With the growing importance of international commerce between these economies, potential trade flow responses to changes in relative prices and income performance deserves more attention. This paper attempts to partially fill this gap in the literature by estimating bilateral trade flow equations that decompose relative import and relative export prices into foreign prices, domestic prices, and the exchange rate.

    ATLS-stowage and deployment testing of medical supplies and pharmaceuticals

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    The objective is to evaluate stowage and deployment methods for the Health Maintenance Facility (HMF) during microgravity. The specific objectives of this experiment are: (1) to evaluate the stowage and deployment mechanisms for the medical supplies; and (2) to evaluate the procedures for performing medical scenarios. To accomplish these objectives, the HMF test mini-racks will contain medical equipment mounted in the racks; and self-contained drawers with various mechanisms for stowing and deploying items. The medical supplies and pharmaceuticals will be destowed, handled, and restowed. The in-flight test procedures and other aspects of the KC-135 parabolic flight test to simulate weightlessness are presented

    Health maintenance facility system effectiveness testing

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    The Medical Simulations Working Group conducted a series of medical simulations to evaluate the proposed Health Maintenance Facility (HMF) Preliminary Design Review (PDR) configuration. The goal of these simulations was to test the system effectiveness of the HMF PDR configurations. The objectives of the medical simulations are to (1) ensure fulfillment of requirements with this HMF design, (2) demonstrate the conformance of the system to human engineering design criteria, and (3) determine whether undesirable design or procedural features were introduced into the design. The simulations consisted of performing 6 different medical scenarios with the HMF mockup in the KRUG laboratory. The scenarios included representative medical procedures and used a broad spectrum of HMF equipment and supplies. Scripts were written and simulations performed by medical simulations working group members under observation from others. Data were collected by means of questionnaires, debriefings, and videotapes. Results were extracted and listed in the individual reports. Specific issues and recommendations from each simulation were compiled into the individual reports. General issues regarding the PDR design of the HMF are outlined in the summary report

    Off-farm Income and Risky Investments: What Happens to Farm and Nonfarm Assets?

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    Off-farm work improves and reduces the riskiness of household income. Theoretical analyses reveal that the level and riskiness of off-farm income affect demand for farm/nonfarm investments. A two-limit Tobit model is estimated using ARMS data for 1996-2003. The impact on investment behaviour is evaluated.Farm Management,

    Strategies to Overcome Network Congestion in Infrastructure Systems

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    Networked Infrastructure systems deliver services and/or products from point to point along the network. They include transportation networks (e.g., rails, highways, airports, sea ports), telecommunication networks (by frequency-bounded airwaves or cables), and utilities (e.g., electric power, water, gas, oil, sewage). Each is a fixed capacity system having marked time-of-day and day-of-week patterns of demand. Usually, the statistics of demand, including hourly patterns (i.e., means and variances) are well known and often correlated with outside factors such as weather (short term) and the general economy (longer term)

    Agricultural Profits and Farm Household Wealth: A Farm-level Analysis Using Repeated Cross Sections

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    This study examines the relationship between agricultural profits and farm household wealth across locations and farm sizes in U.S. agriculture. A multiperiod household model is used to develop hypotheses for testing. Results indicate that farmland has out-performed nonfarm investments over the past decade. Thus, households may want to keep their farmland to build wealth, even if it requires them to earn off-farm income. The analysis implies that decision will be made based on farm household wealth factors having little to do with agriculture.farm household, off-farm income, production profits, wealth, Agribusiness, Demand and Price Analysis, Farm Management, Risk and Uncertainty, Q12, Q14,
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