Although building operating charges have turned out to be a major determinant of profitability for real estate investments, there is a noticeable lack of reports or studies that analyze these costs with state-of-the-art statistical techniques. Specifically, past studies usually assume linear...

Purpose – The purpose of this paper is to critically review the German mortgage lending value (MLV) and to adapt it in order to find a new concept that could serve as the basis for an internationally accepted standard for valuations for lending purposes. Design/methodology/approach – The...

Compares the productivity record of 30 manufacturing industries in UK and Germany in 1979 and 1989. Discusses the relative stocks of three forms of capital: physical capital, human capital and R&D expenditure. Standard growth accounting framework is used to estimate relative multi‐factor...