* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download Slide 1
Survey
Document related concepts
General circulation model wikipedia , lookup
Climatic Research Unit documents wikipedia , lookup
Citizens' Climate Lobby wikipedia , lookup
Climate change and agriculture wikipedia , lookup
Effects of global warming on humans wikipedia , lookup
Media coverage of global warming wikipedia , lookup
Years of Living Dangerously wikipedia , lookup
Public opinion on global warming wikipedia , lookup
Scientific opinion on climate change wikipedia , lookup
Climate change, industry and society wikipedia , lookup
Politics of global warming wikipedia , lookup
Climate change and poverty wikipedia , lookup
Surveys of scientists' views on climate change wikipedia , lookup
Transcript
European Real Estate Society 20th Annual Conference Vienna, Austria. 3-6 July 2013 Within the framework of the project: The concept of the Latvian industrial property market development model in a context of the strategic planning Tatjana Staub, PhD candidate, Mg.oec., Ineta Geipele, Prof. Dr.oec. Institute of Civil Construction and Real Estate Economics, FEEM, RTU, Latvia RESEARCH SUBJECT AND OBJECT Subject of the research : modelling of the A class industrial property market development in a long-term perspective. Object of the research: the industrial property market. 3 Territory’s cooperation and impact radiuses of Latvia R2 (LV) RUSSIA R1 (LV) First radius (R1 (LV)) indicated for Latvia includes the border states: Lithuania, Estonia, Russia and Belarus. The second radius (R2 (LV)) accumulates the investments assets from the closest countries of the Baltic Sea region: Finland, Sweden, and Norway and next to the neighboring overland partners Ukraine and Poland. Tasks and Purpose THESIS STATEMENT: in a process of spatial economic allocation in compliance with considerations of the climate change, a permanent development of the entrepreneurial activities of commercial real estate market in the Baltic Sea Region is facilitated thus preventing the short-term current imbalance in the local commercial real estate market. 6 PRACTICAL IMPORTANCE the identified issues, assessment of the developed models’ creation and provided scientific solutions to determine the content of spatial economics in the context of development of the Baltic Sea Region, enhance the relevance of the concept of the use of spatial economic allocation in the Latvian commercial real estate market development. 7 SCIENTIFIC NOVELTIES, FORMAL SCIENTIFIC IMPLICATION AND MAIN CONCLUSIONS THE LAYER MODEL OF THE ALLOCATION OF SPATIAL ECONOMIC OBJECTS IN A SYSTEM OF THE ENTREPRENEURIAL ACTIVITIES Global economy Climate change Globalization of manufacturing of goods and services Financial globalization MNE State Local economy, National economy Technologies 9 SCIENTIFIC NOVELTIES THE ALGORITHM MODEL OF THE FORECASTING A SUPPLY OF THE SPATIAL ECONOMIC OBJECTS Indications A.Modeling of the climate change projections Step 1 Step 2 Step 3 B.Making a forecast on the high-class (modern) industrial property stock and manufacturing capacity Step 4 Conclusions The climate change research data (comparison of the historical data and long-term forecasts) Discuss ion: Factors impact Determination of the focus countries Statistical data allowance for the stock of the focus countries’ modern industrial real estate property Manufacturing (and agriculture if compare the land-use) development dynamics assessment for the selected countries Manufacturing capacity measured for the focus countries in euro per modern industrial real estate property’s square meter The assessment of the average annual growth rate of manufacturing (and agriculture if compare the landuse) for the selected countries Generation Generation of three of three scenarios scenarioson onthe theforecast forecast ofofthe thelocal localmarket marketstock stock potential potential of the of target the target countries countries Generation Generation of of three three scenarios scenarios onon gross value grossadded value on added on manufacturing manufacturing (and (and agriculture agriculture if if compare comparethe theland-use) land-use)for forthe thetarget target countries countries Conclusions Conclusions on on thethe sustainable sustainable development development of theofmodern the modern industrial industrialreal realestate estateproperty’s property’s for for the the target target countries countries (complying (complying existing existing demand, demand, and possibly and possibly insufficient insufficient use of use theofterritory’s the territory’s potential potentialand and imbalance imbalance of of thethe local local market) market) SCIENTIFIC NOVELTIES 10 ALGORITHM MODEL OF THE FORECASTING A SUPPLY OF THE SPATIAL ECONOMIC OBJECTS: practical solutions (I) Riga’s forecasted versus comparative climate intervals, °C Country selection/ season, rate summer winter Latvia (Riga), in 2035 -1 -2.1 -0.3 6.5 Czech Republic (Prague) -0.2 0.5 Estonia (Tallinn) -1.6 -2.4 Lithuania (Vilnius) -0.6 -2.7 0.3 0.6 Sweden (Stockholm) -0.5 -0.5 United Kingdom (London) -0.5 6.5 Belgium (Brussels) 1. Poland (Warsaw) 2. increase of a number of dryness periods in summer; high temperatures in winter; 11 SCIENTIFIC NOVELTIES ALGORITHM MODEL OF THE FORECASTING A SUPPLY OF THE SPATIAL ECONOMIC OBJECTS: practical solutions (II) 12 SCIENTIFIC NOVELTIES ALGORITHM MODEL OF THE FORECASTING A SUPPLY OF THE SPATIAL ECONOMIC OBJECTS: practical solutions (III) 1 2 3 Agriculture gross value added 0.43 0.78 0.60 Manufacturing gross value added 1.3 0.86 1.09 Manufacturing Gross value added percent from GDP in 2020 0.73 0.70 0.71 Productivity per 1 inhabitant 1.64 1.07 1.36 High class industrial property stock 0.53 2.91 1.72 Ratio/ Country’s Scenario 13 SCIENTIFIC NOVELTIES THE REGIONAL SPECIALIZATION RATE OF THE MAIN ENTREPRENEURIAL ACTIVITIES IN LATVIA AND BALTICS (I) Gini coefficient for regional specialization 2 s Gini j _ 2 n R j n _ i Ri R j i 1 14 SCIENTIFIC NOVELTIES THE REGIONAL SPECIALIZATION RATE OF THE MAIN ENTREPRENEURIAL ACTIVITIES IN LATVIA AND BALTICS (II) 1.15 0.38 0.66 0.04 0.51 0.13 Specialization in manufacturing and agriculture Overall specialization, A-N coding in NACE rev.2 According to NACE rev.2 structure coding: Separate: manufacturing (C), agriculture of crop and animal production, hunting and related service activities (A01) General: agriculture (A), industries (B - E codes), construction (F), trade and accommodation (G, I codes), services and transport (H, J-N codes) 15 SCIENTIFIC NOVELTIES Levels of planning INTERACTIVE INTEGRATED PLANNING MODEL MACRO LEVEL MESO LEVEL Regional Economic Planning Strategic Development/ City Plan Construction and Real estate MARKET MICRO LEVEL Commercial, Strategic and Public use OBJECTS Industrial Offices Residential Retail and warehouse Hotel Public InfrastructureStrategic 16 SCIENTIFIC NOVELTIES MAIN CONCLUSIONS and PROPOSALS (I) 1. Very serious attention is paid to the climate change processes in the world. Climate change may be the result of natural processes as well as human activity. Changes in climatic conditions may change the country's economic development priorities. Objects of industrial significance are among theose commercial real estate market facilities, the operation of which even a short period of time can affect changes in the composition of the air, water and land. 2. The concept of the manufacturing development and the industrial property forecasts considering the Latvian economy potential for the development in a context of climate change. The industrial property market capacity might consider the existing schemes of the industrial development and the balanced land-use that would require the polycentric business activities. 3. Making calculations in comparable prices, According to the Czech scenario considered as impetuous development the current manufacturing capacities correspond to 53% of the current Latvian stock of the industrial real estate market properties demanded in Europe. 4. The Article states the problem of loosing the regional specialization might be analyzed through all the economy levels, considering controlled and targeted development without explosive growth and falls. Also a weakness of the local companies that is a lack of the strategic planning. In term of the taken the climate change topic it might be reconsidered to a continuous careful analysis from the foreign enterprises experience. MAIN CONCLUSIONS and PROPOSALS (II) 5. The authors propose the academicians and professionals to use the following developed novelties to supplement the theoretical basis in the field of spatial economics. 6. Placement and location of the commercial real estate objects of the industrial purpose is closely related to the national priorities and economic development, therefore, according to the developed the algorithm model of the forecasting a supply of the spatial economic objects created according to the potential climate change and economic development, the author provides the recommendations to the Ministry of Economics and the Ministry of Environmental Protection and Regional Development to use the climate change instrument to make the forecasting for the economics and regional development. 7. The authors recommend using that time and holding back the supplementation of legislation focus efforts on matter of supporting the entrepreneurial activities in the middle term by tax policy, creation of the transport and utilities infrastructure. Educating the society, efficient resource relocation and use of the monetary sources might enhance the activity of the business activities in the territory of Latvia. 8. In addition, the authors would argue that educating the local inhabitants in a field of specialization, developing transport infrastructure, careful analysis on potential demand from the neighbouring countries, including dynamics in outward and inward FDI flows might be the driving forces in attracting foreign capital and stimulation of the increase of the industrial specialization in Latvia Ich danke Ihnen! Thank you! Questions? Tatjana Staub, Mg.oec. e-mail: [email protected], GSM: +371 2 6510750 This work has been supported by the European Social Fund within the project «Support for the implementation of doctoral studies at Riga Technical University». 19