Internal rents and the ownership of state properties: experiences from Sweden

Abstract

PurposeThe purpose of this paper is to show that general‐ and special‐purpose properties have to be dealt with differently by the public sector.Design/methodology/approachApplication of standard economic theory concerning pricing of properties and infrastructure. The issues are analyzed based on experiences from Swedish state‐owned properties.FindingsThe distinction results in quite different public property management strategies. Special‐purpose properties have no short‐run alternative use and have limited rental and capital values, unlike general‐purpose properties. Thus, to apply a required rate of return based on assumed capital values universally will lead to inefficient use. For special‐purpose properties, short‐run marginal costs (SRMCs) should be charged – no more.Practical implicationsGeneral properties owned by the state represent a suitable case for privatization. For special‐purpose properties, only SRMCs should be charged.Originality/valueThe paper makes a distinction between two kinds of state‐owned properties; general‐ and special‐purpose properties, and analyzes the important consequences in property management.

Thermal expansion coefficient and bulk modulus of silicides

“…The temperature coefficient of α L obtained in this study was approximately half of that reported in Ref. 28. The α L value at 300 K in this study (10.0(4) × 10 −6 K −1 ) was consistent with that reported in Refs.…”

“…Linear thermal expansion coefficient α L (10 −6 K −1 ) of CoSi 2 . 26,28,29) α L References 10.14 26 9.469 + 0.007379 T (298 ⩽ T ⩽ 1200 K) [11.6824 @ 300 K] 28 14.4 ( 6) 29 Evidently, the Ae elements had smaller B 0 and larger α V values compared with AeSi 2 . The B 0 and α V values of AeSi 2 and Mg 2 Si were located between those of the Ae elements and Si.…”

“…3) The linear thermal expansion coefficient α L of CoSi 2 has been reported by three groups, as listed in Table I. [26][27][28][29] Among these, two α L values range from 10 × 10 −6 to 12 × 10 −6 K −1 , whereas that reported by Smeets (14.4(6) × 10 −6 K −1 ) is slightly larger. As α V = 3α L in the cubic system, 22) the α V value of CoSi 2 ranges from 30.42 × 10 −6 to 43.2 × 10 −6 K −1 .…”

Internal rent – experiences from public sector in Norway

“…They conclude that too little is known about how internal pricing models can improve management control. It does not seem that this has been significantly altered sinceexcept from studies on how multinational companies can use internal prices to reduce tax burden -considering that Andersson and Söderberg (2011) found few papers in academic journals or in real estate textbooks analysing the design of internal rents. To understand the phenomenon better, we therefore initiated research aiming at answering the following two research questions:…”