Book Review: The Cooperation Challenge of Economics and the Protection of Water Supplies: A Case Study of the New York City Watershed Collaboration
In: Review of radical political economics, Band 46, Heft 1, S. 128-130
ISSN: 1552-8502
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In: Review of radical political economics, Band 46, Heft 1, S. 128-130
ISSN: 1552-8502
In: Review of radical political economics, Band 46, Heft 1, S. 128-130
ISSN: 1552-8502
In: Society and natural resources, Band 18, Heft 8, S. 759-766
ISSN: 1521-0723
In: Review of social economy: the journal for the Association for Social Economics, Band 62, Heft 1, S. 67-82
ISSN: 1470-1162
In: Review of agricultural economics: RAE, Band 31, Heft 3, S. 561-573
ISSN: 1467-9353
In: Land use policy: the international journal covering all aspects of land use, Band 134, S. 106938
ISSN: 0264-8377
In: Journal of Property Investment & Finance, Band 38, Heft 2, S. 128-146
PurposeRecent years have witnessed significant increases in the number of undergraduate students entering UK higher education. This increase is a result of the removal of the sector-wide cap on student numbers in England and Wales, along with a growth in overseas students attracted by the reputation of UK universities and the weakening of the value of Sterling. Adopting a corporate real estate perspective, the aim of this paper is to understand how the UK student residence market is structured and financed, and to identify the motivations that are driving the strategies adopted by the universities, private sector providers and investors in this market. In doing so, this research seeks to test the appropriateness of the Gibler and Lindholm (2012) model of corporate real estate strategy in the UK higher education sector.Design/methodology/approachData was gathered from a survey of UK university secretaries, combined with interviews of private sector providers, bank lenders and the analysis of secondary data on investment flows into purpose built residential accommodation (PBSA).FindingsUK university real estate strategy is mainly one of outsourcing student accommodation to reduce costs as well as employing modern purpose-built student housing as a marketing tool and brand enhancer. This strategy is also used as a risk mitigatory tool enabling universities to adjust to changing student demands. Revisions to the Gibler and Lindholm (2012) model are proposed to reflect the reality of the real estate strategy adopted by the universities. Private sector providers view the sector favourably and are set to be the main providers of new supply over the next decade, entering into strong partnerships with the universities. While there is evidence of some oversupply of bed spaces in certain cities, well-located developments are viewed as an attractive lending opportunity. Since 2013 there has been significant growth in institutional investment into UK student accommodation, albeit sentiment is currently tempered by political uncertainty.Practical implicationsThe role of PBSA designed to meet modern student requirements is playing a critical role not only in attracting, recruiting and retaining students but also enhancing the overall higher education experience promoting student welfare and well-being.Originality/valueThe corporate real estate strategy adopted by the UK higher education sector is an under researched area. This paper focuses on the strategy surrounding student accommodation provision and reports on the findings of an extensive survey of the key players in this sector. The results are of value to all stakeholders including government and regulators, at a time when higher education is facing substantial challenges. The evidence of a growing partnership between universities and the private sector is viewed as a logical solution, both for the present and the foreseeable future.
In: Journal of property research, Band 36, Heft 1, S. 97-130
ISSN: 1466-4453
In: FINANA-D-23-01802
SSRN
In: Applied Economic Perspectives and Policy, Band 21, Heft 1, S. 189-207
ISSN: 2040-5804
AbstractFarmers and agency staff were surveyed regarding their opinions on alternative policies to reduce agricultural nonpoint source pollution in the Minnesota River. Farmers were also asked about their land and nutrient management practices. The information was used to examine determinants of policy preferences. For agency staff, farmer resistance and administrative or transaction costs were more important than farmer costs. Both agency staff and farmers indicated that their preferred policy was a requirement for conservation tillage on highly erodible land. Changes in how soil test results are reported may have potential to reduce phosphorous applications, as would improved manure management.
In: International Journal of Happiness and Development, Band 3, Heft 1
SSRN
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Band 137, S. 1-16
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