Submitted by Automa??o e Estat?stica (sst@bczm.ufrn.br) on 2017-12-04T21:25:51Z No. of bitstreams: 1 TulioCesarDeSouzaCosta_DISSERT.pdf: 6860085 bytes, checksum: f8952db8de9f65a1fa4dc97c980fd3ec (MD5) / Approved for entry into archive by Arlan Eloi Leite Silva (eloihistoriador@yahoo.com.br) on 2017-12-11T17:06:18Z (GMT) No. of bitstreams: 1 TulioCesarDeSouzaCosta_DISSERT.pdf: 6860085 bytes, checksum: f8952db8de9f65a1fa4dc97c980fd3ec (MD5) / Made available in DSpace on 2017-12-11T17:06:18Z (GMT). No. of bitstreams: 1 TulioCesarDeSouzaCosta_DISSERT.pdf: 6860085 bytes, checksum: f8952db8de9f65a1fa4dc97c980fd3ec (MD5) Previous issue date: 2017-09-06 / Nas ?ltimas d?cadas ? crescente a participa??o do mercado imobili?rio no processo de ocupa??o do espa?o urbano. Esse fen?meno decorre tanto do crescimento demogr?fico quanto das altera??es econ?micas pelas quais passou o Brasil nos ?ltimos 30 anos. Tais fatos, aliados a falta de informa??es geogr?ficas mais detalhadas sobre o mercado imobili?rio local, geram dificuldades na tomada de decis?es estrat?gicas para a cidade, tanto por parte da gest?o p?blica, quanto pela iniciativa privada. Face a essa problem?tica, surge a necessidade de buscar novas alternativas e tecnologias que visem facilitar o processamento de dados existentes, para otimizar a an?lise espacial da atua??o dos promotores imobili?rios do mercado imobili?rio de Natal/RN. Nesse sentido, este trabalho prop?e uma primeira aproxima??o acerca da distribui??o espacial das incorpora??es imobili?rias registradas em Natal/RN entre 1990 a 2015, fazendo uso de ferramentas baseadas em sistemas de informa??es geogr?ficas. Para tanto foi necess?rio georreferenciar todos os empreendimentos cadastrados em um banco de dados existente. Os resultados apontam na distribui??o espacial dos empreendimentos imobili?rios ao longo dos anos. O aumento da produ??o de unidades habitacionais na zona sul do munic?pio e a intensifica??o da verticaliza??o sinalizam para uma necessidade de expans?o da infraestrutura e dos servi?os urbanos. O uso do geoprocessamento se revelou uma ferramenta valiosa para a an?lise da espacializa??o da produ??o imobili?ria. / In the past decades, real estate involvement in the occupancy process of urban space has been growing. This phenomenon emerges from both the demographic growth and economic changes Brazil went through in the past 30 years. Such facts, combined with a lack of accurate geographic information about the local real state, create obstacles on strategic decision making for the city, by both public administration and private enterprise. In front of this perspective, searching for new alternatives and technologies that aim to facilitate processing current data is necessary for optimizing real state analysis in Natal/RN. Therefore, this study aims making a first approach on spatial distribution of developments from 1990 up to 2015 found in real estate registry offices in Natal/RN, using tools based on Geographic Information System. For so, it was necessary georeferencing all developments registered in the period through an existing database. Using such methodology confirmed an increase on verticalization during the period, especially in the south and east zones, as well as a concentration of small units in peripheral areas. The municipality?s southern zone stands out for its intense housing production, confirming a need for expanding urban infrastructure and services. Finally, using georeferencing tools proved to be a valuable tool for the analysis of the spatialization of real estate development.

Made available in DSpace on 2015-12-03T18:33:08Z (GMT). No. of bitstreams: 1 Fabio_Roberto_Iorio.pdf: 803352 bytes, checksum: 494f597b54e29be057b6e68d97e681f9 (MD5) Previous issue date: 2014-05-27 / The REITs have raised interest mainly to individual investors in order to serve as an alternative to traditional investments in Brazil, in view of the very favorable environment for this type of application in recent years. Despite a doubt practical this investor regarding the form of allocation of resources within this category of investment cast is the main objective of this study is to analyze the performance of portfolios formed by REITs traded on the BM&FBOVESPA to compare two different training strategies portfolios: a portfolio theory proposed by Markowitz (1952) when it is assumed that the distributions of rates of return expected for the future are similar to those observed in the past, through a strategy of adjusting portfolios based on the criterion maximizing the Sharpe ratio (1966); an alternative strategy naive diversification and a third model portfolio, the theoretical portfolio of Real Estate Investment Funds Index BM&FBOVESPA (IFIX), used as an indicator of average stock performance on the real estate funds market in Brazil. To meet this goal, the following performance indicators were analyzed: profitability, risk measured by standard deviation and Sharpe Performance Index (1966), during the period from April 2011 to September 2013. Additionally, the test of differences between means (Student's t test) in order to verify the existence of any difference in mean performance of returns between two portfolios was used. The results presented showed that the theoretical portfolio of Real Estate Investment Funds Index (IFIX) had the best performance in terms of risk-return ratio. In the same direction, it could also observe the superiority of the Markowitz portfolio compared to the naive diversification strategy. Given this observation may suggest that the method of portfolio optimization developed by Markowitz (1952) constructed based on the criterion of maximizing the Sharpe ratio (1966) tends to be able to provide a performance based on the best risk-return relationship that a naive diversification strategy, establishing itself as an additional tool to the individual investor / Os fundos de investimento imobili??rio t??m despertado o interesse, principalmente, dos investidores individuais no sentido de servir como uma alternativa ??s aplica????es financeiras tradicionais no Brasil, tendo em vista o contexto bastante favor??vel a esta modalidade de aplica????o nos ??ltimos anos. A despeito de uma d??vida de ordem pr??tica deste investidor em rela????o ?? forma de aloca????o dos recursos dentro desta categoria de investimento moldou-se o objetivo principal deste estudo que consiste em analisar o desempenho de carteiras formadas por fundos de investimento imobili??rio negociados na BM&FBOVESPA ao comparar duas diferentes estrat??gias de forma????o de portf??lios: a teoria de carteiras proposta por Markowitz (1952) quando se admite que as distribui????es das taxas de retorno esperadas para o futuro s??o semelhantes ??quelas observadas no passado, mediante uma estrat??gia de ajuste das carteiras com base no crit??rio de maximiza????o do ??ndice de Sharpe (1966); uma estrat??gia alternativa de diversifica????o ing??nua e um terceiro modelo de portf??lio, a carteira te??rica do ??ndice de Fundos de Investimento Imobili??rio BM&FBOVESPA (IFIX), utilizada como indicador de desempenho m??dio das cota????es do mercado de fundos de investimento imobili??rio no Brasil. Para cumprir este objetivo, foram analisados os seguintes indicadores de performances: a rentabilidade, o risco medido pelo desvio-padr??o e o ??ndice de desempenho de Sharpe (1966), durante o per??odo de abril de 2011 a setembro de 2013. Adicionalmente, foi utilizado o teste de diferen??a entre m??dias (Teste t de Student) com o intuito de verificar a exist??ncia de eventual diferen??a de m??dias de desempenhos de retornos entre duas carteiras. Os resultados apresentados evidenciaram que a carteira te??rica do ??ndice de Fundos de Investimento Imobili??rio (IFIX) obteve o melhor desempenho em termos de rela????o risco-retorno. Nesta mesma dire????o, p??de-se observar tamb??m a superioridade da carteira de Markowitz em rela????o ?? estrat??gia de diversifica????o ing??nua. Diante desta observa????o pode-se sugerir que o m??todo de otimiza????o de carteiras desenvolvido por Markowitz (1952) constru??do com base no crit??rio de maximiza????o do ??ndice de Sharpe (1966) tende a ser capaz de proporcionar um desempenho com base na rela????o risco-retorno melhor que uma estrat??gia de diversifica????o ing??nua, constituindo-se como uma ferramenta adicional ao investidor individual

Made available in DSpace on 2015-12-03T18:33:10Z (GMT). No. of bitstreams: 1 Daniel_Scolese.pdf: 741904 bytes, checksum: 72e559eedf1f1c365555a4d3ec62ee60 (MD5) Previous issue date: 2014-06-25 / The investments through Real Estate Funds provided access to the little investors to put money in the Real Estate segment. The hike of investors in this type of investment is increasingly perceived, what encourages the market to increase the supply of new products to attend this demand. In this sense, it presents results regarding the risks and factors that may influence the profitability of these investments, taking into account the limited information available to retail investors. This paper explores the return of Real Estate Funds, seeking to measure the sensitivity of its return comparing to indexes of financial market indexes of fixed income, equities and Real Estate. The methodology adopted in this study was the regression, arranged through panel data, being the returns of the funds the variable to be explained. As explanatory variables it was tested indexes of the financial market on fixed income, equities and Real Estate. The study concluded that the investment in Real Estate Funds had its return linked to the housing/Real Estate, the fixed income and equities markets / Os Fundos Imobili??rios possibilitam o acesso de pequenos poupadores ao investimento no segmento imobili??rio. Cada vez mais se percebe o aumento de investidores nesse tipo de aplica????o, o que incentiva o mercado a aumentar a oferta de novos produtos para atender essa demanda. Nesse sentido, s??o apresentados os resultados em rela????o aos riscos e fatores que podem influenciar a rentabilidade desses investimentos, levando em considera????o a pouca informa????o dispon??vel aos pequenos investidores. Este trabalho explora o retorno dos fundos de investimentos imobili??rios, buscando medir a sensibilidade de seu retorno frente a ??ndices do mercado financeiro do segmento de renda fixa, de renda vari??vel e do segmento imobili??rio. A metodologia adotada neste estudo foi a da regress??o m??ltipla, sendo o retorno dos fundos selecionados a vari??vel a ser explicada. Como vari??veis explicativas foram testados os ??ndices do mercado financeiro dos segmentos de renda fixa, renda vari??vel e do segmento imobili??rio. O estudo concluiu que o investimento em Fundo Imobili??rio n??o tem seu retorno associado somente ao mercado imobili??rio, mas, traz consigo, componentes da varia????o do segmento de renda fixa e da renda vari??vel

Submitted by Automa??o e Estat?stica (sst@bczm.ufrn.br) on 2016-01-14T19:57:39Z No. of bitstreams: 1 WertonJoseDeOliveiraBatista_DISSERT.pdf: 955202 bytes, checksum: 46014d0eb42997069d3421dbc986d6d9 (MD5) / Approved for entry into archive by Arlan Eloi Leite Silva (eloihistoriador@yahoo.com.br) on 2016-01-18T21:20:52Z (GMT) No. of bitstreams: 1 WertonJoseDeOliveiraBatista_DISSERT.pdf: 955202 bytes, checksum: 46014d0eb42997069d3421dbc986d6d9 (MD5) / Made available in DSpace on 2016-01-18T21:20:52Z (GMT). No. of bitstreams: 1 WertonJoseDeOliveiraBatista_DISSERT.pdf: 955202 bytes, checksum: 46014d0eb42997069d3421dbc986d6d9 (MD5) Previous issue date: 2014-09-12 / A expans?o imobili?ria registrada nos ?ltimos anos na cidade de Jo?o Pessoa contribuiu decisivamente para o aumento da oferta de moradias em todo seu territ?rio. Esse avan?o, entretanto, veio acompanhado de um aumento significativo nos pre?os dos im?veis, o que, por si s?, gera uma enorme expectativa sobre a sustenta??o dos mesmos a m?dio e longo prazo. Diante desse aparente quadro de aquecimento do mercado de im?veis pessoense o presente estudo analisou empiricamente se essa valoriza??o configurou um t?pico processo de forma??o de bolha entre os anos de 2009 e 2013 na referida capital. A parte emp?rica relativa ? din?mica de pre?os do mercado imobili?rio pessoense teve por base os indicadores de pre?o, aluguel e custo desenvolvidos por Bezerra et al. (2013). Os resultados desses indicadores locais aumentam o grau de confian?a na hip?tese do trabalho, qual seja, que o movimento de pre?os nos principais bairros da cidade de Jo?o Pessoa constitui uma bolha imobili?ria / The housing boom recorded in recent years in the city of Jo?o Pessoa contributed decisively to the increase in housing supply across the all territory. This advance, however, was accompanied by a significant increase in property prices, which in itself generates enormous expectations on the support of the same medium and long term. From this apparent frame heating the housing market of this Capital. This study empirically examined whether this enhancement configured a typical process of bubble formation between the years 2009 and 2013 in this part of Capital. The empirical price dynamics of the housing market , was based on the indicators of price, rent and cost developed by Bezerra et al. (2013). The results of these local indicators increase the degree of confidence in the hypothesis seen, whatever, that the movement of prices in the main districts of the city of Jo?o Pessoa is a real estate bubble

Submitted by Automa??o e Estat?stica (sst@bczm.ufrn.br) on 2016-02-22T22:16:56Z No. of bitstreams: 1 AryPereiraDosSantosJunior_DISSERT.pdf: 4751353 bytes, checksum: 62a71f90918dd1a478914959ad15ea55 (MD5) / Approved for entry into archive by Arlan Eloi Leite Silva (eloihistoriador@yahoo.com.br) on 2016-02-25T19:21:55Z (GMT) No. of bitstreams: 1 AryPereiraDosSantosJunior_DISSERT.pdf: 4751353 bytes, checksum: 62a71f90918dd1a478914959ad15ea55 (MD5) / Made available in DSpace on 2016-02-25T19:21:55Z (GMT). No. of bitstreams: 1 AryPereiraDosSantosJunior_DISSERT.pdf: 4751353 bytes, checksum: 62a71f90918dd1a478914959ad15ea55 (MD5) Previous issue date: 2015-03-30 / Desde meados da d?cada de 1970 o mundo vem passando por transforma??es significativas, entra em cena uma nova etapa de acumula??o mundial do capital, inicia-se a chamada reestrutura??o produtiva. Essa reestrutura??o materializa-se espacialmente atrav?s da reconfigura??o dos territ?rios, redefinindo seus usos e propiciando uma nova estrutura??o espacial. No que se refere ao territ?rio potiguar, observa-se, a partir dos anos de 1980, a emerg?ncia de novas atividades econ?micas, dentre as quais se destacam o turismo, que passam a ser estimuladas a partir de pol?ticas governamentais. Dentro desse contexto tem se destacado o litoral leste do estado, pois suas praias t?m reconhecido apelo paisag?stico e qualidade ambiental. Tendo em vista essa oportunidade de neg?cios, os investidores internacionais acabaram investindo nessa por??o do territ?rio potiguar, principalmente ao longo da ?ltima d?cada. A expans?o desse processo, em dire??o ao litoral norte, implicou na emerg?ncia de uma intensa din?mica imobili?ria nos munic?pios de Maxaranguape e Rio do Fogo. O baixo valor das terras e das edifica??es, comparativamente ao mercado europeu e a disponibilidade dos im?veis, constitu?ram os principais fatores que explicam a atra??o de tais investidores, que passam a ser observados como novas oportunidades de neg?cios, com altas taxas de lucratividade, em ?reas tropicais, at? ent?o, perif?ricas do sistema econ?mico. Sendo assim, o objetivo da pesquisa ? analisar em que medida os Investimentos Internacionais promoveram a valoriza??o dos im?veis nos munic?pios de Maxaranguape e Rio do Fogo. O recorte temporal compreende o per?odo entre 2000-2013. A metodologia consistiu nos seguintes procedimentos: levantamentos e an?lise dos dados coletados nos Cart?rios de Registros de Im?veis dos munic?pios de Maxaranguape e Rio do Fogo; realiza??o de entrevistas junto aos agentes p?blicos e privados que se mostraram importantes para a an?lise das transforma??es espaciais e da valoriza??o dos im?veis que ocorreu nos munic?pios estudados; levantamento de dados secund?rios junto aos ?rg?os oficiais, tais como: IBGE, MTUR, SETUR, BNB etc. Analisando as informa??es e os dados que foram catalogados, conclu?u-se que tais investimentos est?o refor?ando antigas pr?ticas de lazer e turismo existentes preteritamente nesses territ?rios e transformando (criando novos arranjos territoriais) boa parte da zona costeira oriental do estado. Outra consequ?ncia ligada a esse recente fen?meno refere-se ? valoriza??o dos im?veis que vem ocorrendo nessa por??o do estado, epis?dio que est? diretamente ligado a esse evento. Dessa forma, compreende-se que a expans?o e a incorpora??o de territ?rios pelo capital revelam, em parte, as estrat?gias do modo de produ??o capitalista, as quais se evidenciam na busca por melhores condi??es de acumula??o, ampliando as alternativas de uso do territ?rio que ocorre de forma seletiva e desigual no espa?o geogr?fico. Observa-se que os mecanismos que o capital lan?a m?o para impor suas pr?ticas podem ocorrer atrav?s da valoriza??o do mercado de terras, significando, dessa forma, que a reprodu??o das desigualdades acontece, muitas vezes, atrav?s da especula??o fundi?ria acentuada com a r?pida valoriza??o dos im?veis. / Since the middle of 1970?s the world has been undergoing significant transformations, comes in a new era of global capital accumulation, and starts the called productive restructuring. This restructuring is materialized spatially through the reconfiguration of territory, redefining its uses and providing a new spatial structure. With regard to native of Rio Grande do Norte territory, there is, from the 1980s, the emergence of new economic activities, among which stand out tourism, which become stimulated from government policies. In this context, has stood the east coast of the state, because its beaches have recognized scenic appeal and environmental quality. Therewith business opportunity, international investors ended up investing in this portion of Rio Grande do Norte?s territory, especially over the last decade. The expansion of this process, to the north coast, resulted in the emergence of intense property dynamics in the municipalities of Maxaranguape and Rio do Fogo. The low value of the property and buildings, compared to the European market and the availability of real property, were the main factors that explain the attraction of such investors, who are now seen as new business opportunities with high rates of profitability, in tropical areas, hitherto remote geographical location of the economic system. Therefore, the objective of the research is to analyze to what extent the International Investment promoted the appreciation of property in the municipalities of Maxaranguape and Rio do Fogo. The time frame covers the period among 2000- 2013. The methodology consisted of the following proceedings: surveys and analysis of data collected in the property registry office of the Maxaranguape and Rio do Fogo municipalities; interviews with public and private officials that were important for the analysis of spatial transformations and the recovery of the property that occurred in the municipalities studied; collection of secondary data from official bodies, such as IBGE, MTUR, SETUR, BNB etc. Analyzing the information and data that have been cataloged, it was concluded that this investments are reinforcing old leisure and tourism practices existing in the past in those territories and, shifted (creating new territorial arrangements) a significant part of the eastern coast zone areas of the state. Another consequence connected to this recent phenomenon refers to property?s increase in value that has occurred in this part of the state, episode which is directly connected to that event. Therefore, it is realize that the expansion and the incorporation of the capital territories reveal, in part, the strategies of the capitalist mode of production, which are evident in the search for better conditions of accumulation, expanding the alternative of use of the properties which occurs in selective way and uneven in the geographic space form. It is observed that the mechanisms that capital makes use to impose their practices can happen through the property?s increase in value market, meaning, thereby, that the reproduction of imbalances happens, often, through the marked property speculation with the fast increase in value of properties.

Made available in DSpace on 2014-12-17T14:52:58Z (GMT). No. of bitstreams: 1 RaimundoMLS.pdf: 984530 bytes, checksum: 2776095fe2f474a47aebd4b31b3f033d (MD5) Previous issue date: 2006-05-19 / This work investigates the importance of Eco-Materiais applied in the civil construction and the necessity of knowledge of the real estate market, showing the importance of application of recycled products where inserted inside of a bigger scope of the sustainable development which has the subjects as the ambient management. In the theoretical referencial boarded the recycled and perfectly ecological products that demonstrate the applicability of this type of products in the sector of the civil construction, beyond the economic and social placesThe main popouse of the real estate sector is to show the awareness and demonstration in the negotiation of property constructed with these products, therefore, already it is practised by the market of the civil construction where much time sao commercialized by real estate and the its correctors lacking in same knowledge that is more deepened on these materials, having this evidence been made with statistical application of questionnaire and analyzed with base. We finish showing the statistical results with application of 142 questionnaires in a universe of 145 real estate from Natal/RN. With this, we may say that today exists a very strong concern with the environmental laws and the generated ambient impact in the civil construction and that the real estate sector has a feeling that the necessity of if inserting in this process, therefore, the real estate market in our State is in expansion and sensible to the necessity of changes, since the Natal/RN meets in the script of the tourism the International demanding of the professional that a globalized knowledge works with property, so the necessity of understanding the environmental laws and understanding application of the echo-materias used in the construction will give a better quality of life and at the same time to protect the nature / Este trabalho mostra a import?ncia de Eco-Materiais aplicados na constru??o civil e a necessidade de conhecimento do mercado imobili?rio, mostrando a import?ncia de aplica??o de produtos reciclados onde inserida dentro de um ?mbito maior do desenvolvimento sustent?vel engloba temas como a gest?o ambiental. No referencial te?rico s?o abordados os produtos reciclados e perfeitamente ecol?gicos que demonstram a aplicabilidade deste tipo de produtos no setor da constru??o civil alem das raz?es econ?micas e sociais ambientais. O papel do setor imobili?rio e visto atrav?s de conscientiza??o e demonstra??o na negocia??o de im?veis constru?do com esses produtos, pois, j? s?o praticados pelo mercado da constru??o civil onde muitas vez s?o comercializados pelas imobili?rias e seus corretores faltando nos mesmos o conhecimento mais aprofundado sobre esses materiais, tendo essa comprova??o sido feita com aplica??o de question?rio e analisados com base estat?sticas. Finalizamos mostrando os resultados estat?sticos com aplica??o de 142 question?rios em um universo de 145 imobili?rias de Natal e do grande Natal onde chegamos a conclus?o que existe hoje uma preocupa??o muito forte com o impacto Ambiental gerado na constru??o civil e que o setor imobili?rio esta sentindo a necessidade de se inserir neste processo ,pois, o mercado imobili?rio esta em expans?o e sentido a necessidade de mudan?as, j? que a cidade de Natal encontra-se em expans?o tur?stica e com isto exigindo que esse profissional cada vez mais conhe?a as leis de prote??o Ambientais

Submitted by Automa??o e Estat?stica (sst@bczm.ufrn.br) on 2016-10-26T23:26:57Z No. of bitstreams: 1 EltonCortesRochaSiqueiraFilho_DISSERT.pdf: 3184427 bytes, checksum: b388da19aaa7b9e266615fa005cc0c92 (MD5) / Approved for entry into archive by Arlan Eloi Leite Silva (eloihistoriador@yahoo.com.br) on 2016-12-26T19:24:57Z (GMT) No. of bitstreams: 1 EltonCortesRochaSiqueiraFilho_DISSERT.pdf: 3184427 bytes, checksum: b388da19aaa7b9e266615fa005cc0c92 (MD5) / Made available in DSpace on 2016-12-26T19:24:57Z (GMT). No. of bitstreams: 1 EltonCortesRochaSiqueiraFilho_DISSERT.pdf: 3184427 bytes, checksum: b388da19aaa7b9e266615fa005cc0c92 (MD5) Previous issue date: 2016-06-03 / Na atualidade as inova??es tecnol?gicas devem ser vistas como uma estrat?gia competitiva das organiza??es no setor da constru??o civil. A difus?o de novas tecnologias neste setor ? muito similar ao aplicado em aos demais setores industriais, por?m, no caso da constru??o civil, ainda se verifica certo grau de resist?ncia das partes envolvidas. Desde os projetistas, passando pelos administradores e chegando at? os trabalhadores, persiste uma relativa resist?ncia ? inova??o tanto no que diz respeito ?s t?cnicas construtivas quanto na introdu??o de novos materiais, pois as incertezas do sucesso os tornam receosos. Discutiremos alguns aspectos associados ? ado??o de inova??es tecnol?gicas no setor da constru??o civil como estrat?gia do Mercado imobili?rio. A problem?tica desta pesquisa concentra-se em ampliar a compreens?o do uso das inova??es tecnol?gicas na produ??o imobili?ria como um reflexo das mudan?as nos sistemas construtivos e materiais. Partindo do caso emp?rico e utilizando a base estabelecida pretende-se testar a hip?tese de que o processo de introdu??o de inova??es tecnol?gicas no mercado da constru??o segue a l?gica de valoriza??o dos empreendimentos imobili?rios privilegiando os empreendimentos de alto padr?o e localizados nos bairros mais valorizados, com a ado??o de materiais e processos construtivos mais atuais e eficientes. Pretende-se estudar ent?o a evolu??o no uso de inova??es tecnol?gicas relacionadas com os processos construtivos enquanto diferencial nas estrat?gias utilizadas pelos promotores imobili?rios no munic?pio de Natal entre 1990 e 2010. / In the present the technological innovations must be seen as a competitive strategy of the organizations in the sector of the civil construction. The diffusion of new technologies in this sector is very similar to the applied one in to too many industrial sectors, however, in case of the civil construction, still there happens certain degree of resistance of the wrapped parts. We will discuss some aspects associated to the adoption of technological innovations in the sector of the civil construction like strategy of the offer of the property Market. The problematics of this inquiry is concentrated in enlarging the understanding of the use of the technological innovations in the property production like a reflex of the changes in the constructive and material systems. Leaving from the empirical case and using the established base there is claimed to test the hypothesis of which the process of introduction of technological innovations in the market of the construction follows the logic of increase in value of the property undertakings privileging the undertakings of high standard and located in the most valued districts, with the adoption of materials and the most current and efficient constructive processes. It intends to study then the evolution in the use of technological innovations connected with the constructive processes while differential in the strategies used by the property promoters in the local authority of Natal / RN between 1990 and 2010. For so much there was taken like base the database lifted by QUEIROZ (2012), selecting a representative sample through the stratification of the elements inside the outlined universe, which turned in 83 vertical residential property undertakings investigated, distributed in four administrative regions of the local authority. Finally there is ended which property market of Natal / RN, did not use the moment of strong development in the city to grow and to develop his constructive processes to (innovate), relative of attracting consumers and even obtaining bigger profits in the property undertakings, in other words, they did not use the technological innovation as strategy in the offer of his property products

Submitted by Automa??o e Estat?stica (sst@bczm.ufrn.br) on 2017-02-02T12:41:13Z No. of bitstreams: 1 FranciscoAracildoDeMoura_DISSERT.pdf: 4094948 bytes, checksum: 0fe706922f80ba666b1c77d5813b1a6a (MD5) / Approved for entry into archive by Arlan Eloi Leite Silva (eloihistoriador@yahoo.com.br) on 2017-02-07T18:35:12Z (GMT) No. of bitstreams: 1 FranciscoAracildoDeMoura_DISSERT.pdf: 4094948 bytes, checksum: 0fe706922f80ba666b1c77d5813b1a6a (MD5) / Made available in DSpace on 2017-02-07T18:35:12Z (GMT). No. of bitstreams: 1 FranciscoAracildoDeMoura_DISSERT.pdf: 4094948 bytes, checksum: 0fe706922f80ba666b1c77d5813b1a6a (MD5) Previous issue date: 2016-07-29 / A pesquisa em tela objetivou fazer uma discuss?o acerca de como o parcelamento de terras vem provocando a expans?o urbana na Microrregi?o do Agreste Potiguar, dando ?nfase ao processo de loteamentos de terras que, por sua vez tem impulsionado a especula??o imobili?ria nas cidades de Boa Sa?de, Lagoa Salgada e Serra Caiada/RN. Neste sentido, entende-se a cidade como um produto hist?rico e social que se materializa no espa?o, onde as pr?ticas desenvolvidas em seu interior s?o modificadas com o tempo e acompanham a evolu??o da sociedade, pr?ticas estas, norteadas por processos urbanos que permeiam a viv?ncia e transformam as rela??es existentes na produ??o das cidades, principalmente, ao que concerne ?s rela??es capitalistas, onde a posse da terra possibilita a aquisi??o de sobrelucros, acumula??o de capital. Desse modo, o trabalho enfocar? a expans?o dos tecidos urbanos dessas cidades, a partir da prolifera??o dos loteamentos de terra em ?reas urbanas ou de expans?o urbana, considerando os agentes produtores, propriet?rios de terras e adquirentes dos lotes, que atuam e se beneficiam com a din?mica do mercado de terras em pequenas cidades. Neste sentido, considerando as diferen?as existentes em cada cidade, bem como de seus aspectos comuns, explicitar-se-? como o fen?meno do parcelamento (divis?o em lotes) de terras vem se intensificando, sua din?mica, benef?cios e as poss?veis implica??es que os loteamentos de terras podem ocasionar para a malha urbana local. Como ?ltima an?lise, esta pesquisa visa contribuir para que sejam desenvolvidas a??es efetivas de planejamento e ordenamento territorial urbano, considerando a sistematiza??o dos dados e informa??es sobre os loteamentos existentes nestas cidades, informa??es que julgamos serem pertinentes para o desenvolvimento de pol?ticas urbanas, como tamb?m, decis?es que venham a ser tomadas pelos governantes e sociedade local que visem a melhoria e a estrutura??o da urbana das pequenas cidades. / Screen research aimed to make a discussion about how the subdivision of land comes causing urban expansion in the micro region potiguarrarsh, giving emphasis to the building process which in turn has driven the property speculation in the cities of Boa Sa?de, LagoaSalgada and Serra Caiada-RN. In this sense, means the city as a historical and social product that materializes in space, where the practices developed in its interior are modified with time and follow the evolution of society, these practices, guided by urban processes that permeate the experience and transform existing relations in the production of the cities, mainly to the capitalist relations, where the possess of land allows the acquisition of high profits and accumulation of capital. In this way, the work will focus on the expansion of the urban tissues of the cities mentioned, from the proliferation of lots of land in urban areas or urban expansion, whereas the producer agents, landowners and acquirers of lots, that act and benefit from the dynamics of the market of land in small towns. In this sense, considering the differences in each city, as well as their commonality, will spell out how the phenomenon the subdivision of land has been intensifying, its dynamics, benefits and the possible implications that the allotments of land can cause to local urban mesh. As final analysis, this research aims to contribute to effective actions to be developed for urban land planning and organization, considering the systematization of data and information on the existing allotments in both cities, information that we believe to be relevant to the development of urban policies, as well as decisions that may be taken by the leaders and local society aimed at improving and structuring the urban morphology of small towns.

Made available in DSpace on 2015-12-03T18:33:09Z (GMT). No. of bitstreams: 1 Luciana_Maia_Campos_Machado.pdf: 1574359 bytes, checksum: cabec8c037b6327cf603054ec242e15d (MD5) Previous issue date: 2014-06-24 / When compared to other Brazilian companies traded at BOVESPA, real estate listed companies, in the period 2005-2013, had a sharp drop in market value. In this period, the years of 2006 and 2007 were marked by particularly strong concentration of IPOs in the Brazilian market, and in the same way that other companies, real estate companies turned to the stock market in an unusual high frequency to finance their operations. Specifically in the real estate industry, a high percentage of companies went public in these two years: 60% of all companies in the sector. Studies on the annomalies due to IPOs usually address the undervaluation of the issuing companies, the concentrated emission at hot market times (Market Timing) and the poor performance of stocks and operations of these companies in the long run. Thus, this work aimed to investigate whether there was a relationship between the poor performance of the real estate industry in the Brazilian market and the significant number of IPOs that companies of this sector performed. For this purpose, non-financial companies from all sectors traded at BOVESPA were studied, comparing the market value divided by total assets of the companies that went public in the period with companies that was already traded. Furthermore, the behavior of the same indicator for real estate developers was contrasted with other sectors. In order to isolate any other incident effects on the test variable, different panel data regressions were estimated, controlling for risk, size, profitability, growth, years and sectors. Empirical evidence suggests that the poor performance observed in the real estate developers would be linked to the unusually high incidence of IPOs in the sector in the period, not to any particularities of these companies, directing the results primarily to issues of Market Timing in the IPO market timing, not to any operational difficulties in the real statebusiness. / When compared to other Brazilian companies traded at BOVESPA, real estate listed companies, in the period 2005-2013, had a sharp drop in market value. In this period, the years of 2006 and 2007 were marked by particularly strong concentration of IPOs in the Brazilian market, and in the same way that other companies, real estate companies turned to the stock market in an unusual high frequency to finance their operations. Specifically in the real estate industry, a high percentage of companies went public in these two years: 60% of all companies in the sector. Studies on the annomalies due to IPOs usually address the undervaluation of the issuing companies, the concentrated emission at hot market times (Market Timing) and the poor performance of stocks and operations of these companies in the long run. Thus, this work aimed to investigate whether there was a relationship between the poor performance of the real estate industry in the Brazilian market and the significant number of IPOs that companies of this sector performed. For this purpose, non-financial companies from all sectors traded at BOVESPA were studied, comparing the market value divided by total assets of the companies that went public in the period with companies that was already traded. Furthermore, the behavior of the same indicator for real estate developers was contrasted with other sectors. In order to isolate any other incident effects on the test variable, different panel data regressions were estimated, controlling for risk, size, profitability, growth, years and sectors. Empirical evidence suggests that the poor performance observed in the real estate developers would be linked to the unusually high incidence of IPOs in the sector in the period, not to any particularities of these companies, directing the results primarily to issues of Market Timing in the IPO market timing, not to any operational difficulties in the real statebusiness. / Quando comparadas ??s demais empresas brasileiras de capital aberto negociadas na BOVESPA, as incorporadoras imobili??rias apresentaram, no per??odo de 2005 a 2013, acentuada queda no valor de mercado. Neste intervalo, os anos de 2006 e 2007 foram notadamente marcados por forte concentra????o de IPOs no mercado brasileiro, e da mesma forma que outras empresas, as incorporadoras imobili??rias recorreram com frequ??ncia pouco usual ao mercado acion??rio para financiamento de suas opera????es. Especificamente no setor de incorpora????o imobili??ria, um percentual elevado de empresas abriu capital nestes dois anos: 60% do total de empresas do setor listadas na BOVESPA. Estudos sobre anomalias decorrentes da abertura de capital costumam abordar a subavalia????o das empresas emissoras, a concentra????o das emiss??es em momentos de alta (Market Timing) e o fraco desempenho das a????es e opera????es destas empresas no longo prazo. Assim, esta disserta????o teve como objetivo principal investigar se houve rela????o entre o fraco desempenho do setor de incorpora????o imobili??ria no mercado acion??rio brasileiro com a expressiva quantidade de IPOs que as empresas que comp??em o setor realizaram. Com este objetivo, foram estudadas empresas n??o financeiras de todos os setores negociadas na BOVESPA, comparando-se o valor de mercado sobre ativo total das empresas que abriram capital no per??odo com o de empresas que j?? possu??am capital aberto. Ademais, verificou-se o comportamento do mesmo indicador para incorporadoras imobili??rias, contrastando-as com empresas de outros setores. Com a finalidade de isolar outros efeitos incidentes sobre a vari??vel de teste, diferentes regress??es com dados em painel foram estimadas, controlando-se risco, tamanho, rentabilidade, crescimento, anos e setores. Os resultados encontrados sugerem que, em m??dia, as empresas que recorreram ao mercado acion??rio, realizando IPOs entre 2005 e 2013, iniciaram o per??odo sobrevalorizadas, ou seja, com valor de mercado sobre ativo total superior ??s demais, sendo que esse valor teve forte decr??scimo nos anos seguintes. As evid??ncias emp??ricas sugerem que o fraco desempenho observado nas incorporadoras imobili??rias estaria ligado ?? anormalmente elevada incid??ncia de IPOs no setor no per??odo, e n??o a particularidades destas empresas, direcionando os resultados principalmente para quest??es de Market Timing nos IPOs, e n??o a eventuais dificuldades operacionais no ramo de atividade de incorpora????o imobili??ria.

Made available in DSpace on 2014-12-17T13:57:13Z (GMT). No. of bitstreams: 1 AlexsandroFCS.pdf: 1633387 bytes, checksum: 475acbae588eeac46f47b1d9264f76a1 (MD5) Previous issue date: 2006-05-19 / Conselho Nacional de Desenvolvimento Cient?fico e Tecnol?gico / The periphery of the city of Natal was built during the last 20 years, trough informal land developments. This dissertation analyses the urbanization of Natal`s North Zone, the largest residential area in the city where 40% of the population lives. This urban space is characterized as a space of poverty because of its majority of low income dwellers as well as lack of infrastructure. The main objective here is to identify and characterize this space as well as resulting segregation. Variables as income, space morphology, residential typology and the history of real estate development as well as dweller`s history of life are analysed / A periferia da cidade de Natal foi constru?da nos ?ltimos 20 anos, atrav?s de processos urbanos ligados a produ??o de loteamentos informais, por um lado, e a constru??o de 25 mil unidades habitacionais, pelo Estado. Esta disserta??o pretende analisar estes processos de produ??o especificamente na Regi?o Administrativa Norte da Cidade, ou simplesmente Zona Norte. Nesta regi?o moram cerca de 40% da popula??o de Natal; a ?rea ? caracterizada como um espa?o de pobreza devido a maioria da popula??o possuir baixo n?vel de renda e os espa?os apresentarem defici?ncia em infra-estrutura. O objetivo principal desta pesquisa ? a identifica??o e caracteriza??o deste espa?o como resultado de um processo maior de segrega??o s?ciohabitacional. Vari?veis como renda, morfologia do espa?o, tipologia residencial e hist?rias de vida de alguns moradores, entre outros, possibilitam tais an?lises