This paper reports on research in which eleven alternative housing price indices are constructed for two Vancouver neighbourhoods for the period from 1957 to 1979. Three criteria for good indices are presented, and the eleven indices, as well as several government and industry indices are evaluated in accordance with those criteria. It is determined that, almost surprisingly, an index based on mean sales values performs well, as do several of the hedonic price equation based indices. Several policy implications of the analysis are then discussed. Copyright American Real Estate and Urban Economics Association.

Data are examined for the period 1968 to 1976 to provide a current look at public school teacher survival rates, and to update Charters’ findings reported in 1970. Results indicate that the downward sloping survival curve that Charters found still exists, although the curve has shifted up steadily through time. For example, of the cohort of new entrants to teaching in the St. Louis area in 1968, only 64.7% lasted beyond 1 year. Further, the survival rate differential between men and women has decreased over time to a point that the rates are virtually identical.

No abstract

This study investigated the impact of political environment on business performance of multinational companies in Nigeria. To achieve this purpose, a review of extant literature was made which was supported by hypothesis. The population of this study consists of quoted manufacturing companies in Nigeria. About twenty-seven (27) of such companies were identified and the necessary data were sourced from the Nigerian Stock Exchange Fact Book of 2012 and the World Development Indicators of World Bank Group. Political environment was measured as the degree of political stability and absence of violence while business performance was measured by the profitability of the companies for the period 1999-2013. Our findings showed that political environment has a negative significant impact on business performance of multinational companies in Nigeria. Based on the above, we suggest that the Nigerian government should avoid frequent changes in government policies and programmes, AFRREV, VOL. 9(3), S/NO 38, JULY, 2015 2Copyright © IAARR, 2015: www.afrrevjo.net Indexed African Journals Online: www.ajol.info and ensure stability of democratic institutions and political integration. These are necessary to make the political terrain stable and out of violence for business growth and development.

This paper explores the relationship between rezoning and changes in observed property values and the ability of zoning to mitigate externalities. Three separate methodologies are used in three locations in metropolitan Vancouver to examine these issues. Our results imply that rezoning does not necessarily lead to changes in land use and value. Further, no evidence was found to support the assertion that there are significant negative externalities due to incompatible land uses in residential property markets. Based on these results, we feel it is reasonable to question the continued use of zoning in developed areas of urban regions. Copyright American Real Estate and Urban Economics Association.