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Artykuły w czasopismach na temat „Rural property investment performance index”

Autor: Grafiati
Data publikacji: 4 czerwca 2021
Data aktualizacji: 1 lutego 2022

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1

Lunkevičius, Sigitas, Leonas Ustinovičius, and Edmundas Kazimieras Zavadskas. "RANKING EFFICIENCY OF RURAL PROPERTY INVESTMENT PROJECTS USING MULTICRITERIA DECISION METHODS/DAUGIAKRITERINIS KAIMO STATINIŲ INVESTICINIŲ PROJEKTŲ, EFEKTYVUMO VERTINIMAS." JOURNAL OF CIVIL ENGINEERING AND MANAGEMENT 7, no. 3 (June 30, 2001): 238–46. http://dx.doi.org/10.3846/13921525.2001.10531730.

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Many researchers are right considering economic effect of investments as the key indicator, however, ranking other social, ecological and technical indicators of efficiency separately and leaving them outside of investment ranking criteria system. The authors suggest using together all known efficiency criteria plus some specific of rural property: Payback period, Net present value, Internal rate of return, Profitability index, Business perspective, Rural property purchase price, Rural property reconstruction price, Number of workspace, Taxes, Social level of villagers, Fascination of village.
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Abdullah, Nur Adiana Hiau, Kamarun Nisham Taufil Mohd, and Woei Chyuan Wong. "Implications of dividend tax reforms on M-REITs performance." Journal of Property Investment & Finance 35, no. 2 (March 6, 2017): 184–99. http://dx.doi.org/10.1108/jpif-11-2016-0087.

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Purpose The purpose of this paper is to examine the performance of 19 Malaysian Real Estate Investment Trusts (M-REITs) over the period 1999 to 2014, following the implementation of dividend tax reforms announced in the 2007, 2009 and 2012 budgets. Design/methodology/approach Sharpe index, Treynor index and Jensen α are utilized to compare the performance of M-REITs against a newly developed tax-adjusted value-weighted M-REITs index, equity market, property sector and three month Malaysia Treasury Bills (T-Bills). The calculation of M-REITs returns has been adjusted to take into account the di
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Zull Kepili, Ema Izati, and Tajul Ariffin Masron. "Malaysia property sector." International Journal of Housing Markets and Analysis 9, no. 4 (October 3, 2016): 468–82. http://dx.doi.org/10.1108/ijhma-08-2015-0043.

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Purpose Because Malaysia decided to liberalize its property sector, investors have shown a considerable interest in the country’s property investment. Divided into five sub-sectors, Malaysia’s real estate is sought actively by foreign investors. However, to date, the sub-sectors performance analysis has never been researched for the purpose of investment diversification within the property sector. This paper aims to examine the performance of sub-sectors in the property market, namely, residential, commercial, industrial, agricultural and development land. This paper also assesses the portfoli
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Xiao, Zhongyi, Peng Zhao, Masha Rahnama, and Yaling Zhou. "Winner versus Loser: Time-Varying Performance And Dynamic Conditional Correlation." Journal of Applied Business Research (JABR) 28, no. 4 (June 27, 2012): 581. http://dx.doi.org/10.19030/jabr.v28i4.7042.

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<span style="font-family: Times New Roman; font-size: small;"> </span><p style="margin: 0in 0.5in 0pt; line-height: 12pt; mso-line-height-rule: exactly;" class="MsoNoSpacing"><span style="color: black; font-family: "Times New Roman","serif"; font-size: 10pt; mso-themecolor: text1;">Using multi-factor models in OLS and GARCH-M methodology, this paper provides a cross-sectional and time-series investigation of conditional and unconditional expected returns of real REITs index momentum portfolios against real estate property, large-cap s
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Yardha, Muhammad Saufa. "ANALISIS PORTOFOLIO INVESTASI PADA SAHAM SEKTOR PROPERTI YANG TERDAFTAR DI JAKARTA ISLAMIC INDEX DENGAN PENDEKATAN SHARPE INDEX, TREYNOR INDEX, DAN JENSEN INDEX." Studia Economica : Jurnal Ekonomi Islam 1, no. 2 (July 6, 2015): 151. http://dx.doi.org/10.30821/se.v1i2.244.

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<p>This study aimed to analyze the investment portfolio in the property sector stocks listed in JII using the Sharpe Index, Treynor Index and Jensen Index. Research carried out by using a different test is based on data about the performance of the portfolio during the period of 2010-2014. Based on the data processing obtained F value Calculate for the return of the portfolio in a row that the BSDE amounted to 23 904, CTRA amounted to 21,250, LPKR amounted to 44 981, and SMRA amounted to 38 729, then to see the F Calculate there, the conclusion that F count> F table is on BSDE 23
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Mei, Bin. "Investment returns of US commercial timberland: insights into index construction methods and results." Canadian Journal of Forest Research 47, no. 2 (February 2017): 226–33. http://dx.doi.org/10.1139/cjfr-2016-0186.

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This study compares different index construction methods of timberland investment returns and evaluates the resulting indices by various asset pricing models. In addition to various NCRIEF indices, I include a de-smoothed index that attempts to restore property market values, a transaction-based index that tracks ex post transaction prices, and a pure-play index that is based on unleveraged returns of public timber firms and only has exposures to the timber segment. The findings are that the appraisal-based timberland index has higher mean and lower volatility compared with the transaction-bas
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Roubi, Sherif. "Towards a transaction-based hotel property price index for Europe." Journal of Property Investment & Finance 33, no. 3 (April 7, 2015): 256–81. http://dx.doi.org/10.1108/jpif-09-2013-0053.

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Purpose – The purpose of this paper is to fill an existing gap in the field. A transaction-based hotel price index for Europe is constructed to provide a true measure for hotel real estate performance. The index will enable investors enhance investment decisions in many ways: to assess individual property performance; to make an objective decision about where to invest and in which property type; to assess the relative performance of hotel assets to all other sectors and consequently reach optimal funds allocation decisions. This will allow investors to time their acquisitions/disposals accord
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Jimenez, Manuel I., Philip Abbott, and Kenneth Foster. "Measurement and analysis of agricultural productivity in Colombia." El futuro de las humanidades 11, no. 20 (2019): 4–37. http://dx.doi.org/10.17230/ecos.2019.47.1.

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Tremendous agricultural potential in Colombia has gone untapped for decades due to: i) civil strife and the criminal drug trade; ii) uncertain property rights; iii) inadequate infrastructure; iv) lack of innovation and technological development; v) lack of funding, vi) lack of investment; and vii) misallocation of resources within the sector. Proof of this is the relatively lower growth of the value of Colombia’s agriculture versus other countries in the region during the agricultural prices booms (FAO, 2015). This paper analyzes whether Colombia’s weak agricultural performance was due to low
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Nsibande, Mduduzi, and Douw Gert Brand Boshoff. "An investigation into the investment decision-making practices of South African institutional investors." Property Management 35, no. 1 (February 20, 2017): 67–88. http://dx.doi.org/10.1108/pm-09-2015-0050.

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Purpose The South African listed property market has changed its legal basis from property loan stock companies and property unit trusts to adopt the more familiar international structure, real estate investment trusts. The main distinction is how shareholding is structured and investment returns are paid out to shareholders, which results in a different tax treatment. It is hoped that this change would attract more foreign investment, but it is questionable if this is sufficient to convince global investors who, amidst a seeming worsening of the stability in the political and economic environ
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Apata, Temidayo, Kayode Ogunleye, Olusola Agboola, and Tope Ojo. "Heterogeneity of Agricultural Land Use Systems and Poverty in Sub-Saharan Africa: Relationship and Evidence from Rural Nigeria." Agris on-line Papers in Economics and Informatics 13, no. 2 (June 30, 2021): 3–22. http://dx.doi.org/10.7160/aol.2021.130201.

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Several factors influencing rural-poverty in sub-Saharan-Africa, for all the factors, agricultural-land access/management and “culture of poverty” are quite dominant in literature. This study examines socio-cultural/economic factors influencing poverty and establishes linkages of heterogeneity of land-use systems. Farm-level cost–route surveys of cross-sectional national-data of 800 respondents were used for analysis. Data were analyzed by descriptive-statistics, trans-logarithmic model, and poverty-measures. Descriptive statistics depict land-ownership structure, farmer’s socio-cultural pract
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Szumilo, Nikodem, Thomas Wiegelmann, Edyta Łaszkiewicz, Michal Bernard Pietrzak, and Adam P. Balcerzak. "The real alternative? A comparison of German real estate returns with bonds and stocks." Journal of Property Investment & Finance 36, no. 1 (February 5, 2018): 19–31. http://dx.doi.org/10.1108/jpif-02-2017-0012.

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Purpose The purpose of this paper is to evaluate how real estate returns behaved over the last two decades in relation to the other two asset types. This allows a direct evaluation of how investors make allocation choices and perceive risks and rewards offered by properties in the context of changing market conditions. Design/methodology/approach A de-smoothed MSCI index is used to reflect direct property returns and control for both income and capital returns within it. Indirect property returns are approximated by the RX Real Estate index. By supplementing this data with an analysis of trend
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Hameed M. Bashir, Abdel. "Property Rights, Institutions and Economic Development: An Islamic Perspective." Humanomics 18, no. 3 (March 1, 2002): 75–91. http://dx.doi.org/10.1108/eb018877.

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The evolution of property right institutions and their consequence on investment decisions are central issues in the political economy of development. Effective and well‐defined property rights are deemed essential in providing the preconditions for economic growth. The importance of property right arrangements stems from the fact that they impact and alter the distribution of income. Economists are, therefore, in agreement that market transactions are more efficient when property rights are enforced. According to North and Thomas (1973), observed variations in economic performance across coun
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Cui, Li, and Huiqiu Zhou. "Spatial feature analysis of rural basic public service supply based on TOPSIS model and Data aggregation algorithm." Journal of Intelligent & Fuzzy Systems 39, no. 4 (October 21, 2020): 5623–34. http://dx.doi.org/10.3233/jifs-189042.

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The provision of basic public services in rural areas is a necessary condition for promoting farmers, agriculture, and rural development, and has important economic effects. The supply of basic public services in rural areas has an impact on agricultural growth, rural poverty reduction, and farmers’ production and investment, and ultimately directly or indirectly affect farmers’ income and consumption. In order to effectively improve the effectiveness of providing basic public services in rural areas, this study takes rural basic public services as the research object, and analyzes the economi
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Takahashi, Leonardo Susumu, Flavio Daolio Gonçalves, Janessa Sampaio de Abreu, Maria Inez Espagnoli Geraldo Martins, and Antonio Carlos Manduca Ferreira. "Economic viability of the piauçu Leporinus macrocephalus (Garavello & Britski, 1988) production." Scientia Agricola 61, no. 2 (April 2004): 228–33. http://dx.doi.org/10.1590/s0103-90162004000200017.

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Brazilian fish farms presented an accelerated development during the early 90's, mainly because of the increase in fee-fishing operations. To meet the demand of this market, fish production and supply became excessive and, as a consequence, the number of fee-fishing operations, farmers and the final selling price, decreased. This study analyzes the technical aspects, production cost, profitability and economic viability of the production of piauçu (L. macrocephalus) in ponds, based on information from a rural property. Feeding and fingerling costs amount to approximately 47.1% of the total pro
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Mynhardt, Henry, Inna Makarenko, and Alex Plastun. "Market efficiency of traditional stock market indices and social responsible indices: the role of sustainability reporting." Investment Management and Financial Innovations 14, no. 2 (June 2, 2017): 94–106. http://dx.doi.org/10.21511/imfi.14(2).2017.09.

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Corporate social responsibility, disclosed in sustainability reporting, influences the financial performance of companies. As a result, traditional stock market indices (TI) are expanded with the social responsible stock market indices (SRI). The aim of this study was to establish whether there are any differences in the behavior of the TI and SRI. To do this, the authors analyzed their efficiency. They used R/S analysis to calculate the Hurst exponent as a measure of persistence (long-term memory property). The presence of persistence was evidence in favor of less efficiency. According to emp
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Chiu, Chung‐Ching, Chih‐Hung Tsai, and Yi‐Chan Chung. "Using Balanced Scorecard to Explore Learning Performance of Enterprise Organization." Asian Journal on Quality 8, no. 1 (April 17, 2007): 40–75. http://dx.doi.org/10.1108/15982688200700004.

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In the early industrial age which with high intensity of machine and labor, using financial measurement index was good enough to tie in company’s mechanization and philosophy of management and been in efficiency. But being comply with “New Economic age,” a new economic environment is full of knowledge and information, the enterprise competition had changed from tangible assets, plants to intangible innovation ability of knowledge. As recognizing the new tendency by enterprise, they value gradually the growth and influence from learning. Practice of organization learning not only needs firm str
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Shevrina, E. V., and V. N. Afanasyev. "Analysis of Structure and Efficiency of State Support of Agriculture of Orenburg Region." Vestnik NSUEM, no. 4 (December 29, 2019): 122–29. http://dx.doi.org/10.34020/2073-6495-2019-4-122-129.

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The development of agriculture largely depends on the creation of favorable state economic conditions, including in the form of state support for rural producers. The paper analyzes the results of state support of farmers of the Orenburg region over the past three years. In the Orenburg region, there is a decrease in state support. The downward trend has caused negative performance of agricultural enterprises. State support for the livestock industry has decreased.The experience of previous years has shown the need for public investment in animal husbandry. Crop production in the region absorb
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Moss, Alex, Andrew Clare, Stephen Thomas, and James Seaton. "Can sector-specific REIT strategies outperform a diversified benchmark?" Journal of European Real Estate Research 10, no. 3 (November 6, 2017): 366–83. http://dx.doi.org/10.1108/jerer-11-2016-0042.

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Purpose The authors in this paper aim to investigate the performance of different portfolios of REITs which specialise by property type compared to the performance of a diversified free-float market capitalisation-weighted benchmark index to determine whether superior risk-adjusted returns can be achieved. Design/methodology/approach First, the authors examine the performance of portfolios constructed using the criteria of equal weight, minimum variance, maximum Sharpe and risk parity rather than free-float market capitalisation. Second, the authors apply an automated trading strategy of trend
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Avalos-Rangel, Miguel Angel, Daniel E. Campbell, Delfino Reyes-López, Rolando Rueda-Luna, Ricardo Munguía-Pérez, and Manuel Huerta-Lara. "The Environmental-Economic Performance of a Poblano Family Milpa System: An Emergy Evaluation." Sustainability 13, no. 16 (August 22, 2021): 9425. http://dx.doi.org/10.3390/su13169425.

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The family milpa system (FMS) is of great importance to food security and the livelihoods of rural families in Mexico. However, the performance of the system can be compromised due to inappropriate agricultural practices. Therefore, a suitable evaluation strategy is required to identify the best management of resources. Nonetheless, at present, there is no holistic understanding around the nature–society interface that allows us to predict the global behavior of the FMS. Thus, this study assesses the global performance of a Poblano FMS through emergy-based indices. The emergy evaluation was ca
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Veeraragavan, A., and K. B. Rathnakara Reddy. "Application of Highway Development and Management Tool for Low-Volume Roads." Transportation Research Record: Journal of the Transportation Research Board 1819, no. 1 (January 2003): 24–29. http://dx.doi.org/10.3141/1819a-05.

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Connectivity is a key component of rural development in developing countries. Traditionally, many road organizations budget and program for road works on a historical basis. An objective, needs-based approach is necessary with knowledge of the content, structure, and condition of the roads being managed. The Highway Development and Management Tool (HDM-4) provides a suitable framework for such an approach. From the available traffic and condition surveys, nine representative low-volume road sections with varying geometry and pavement condition are analyzed. The types of vehicles using the road
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Trunova, Iryna, Oleksandr Miroshnyk, Oleksandr Moroz, Anatolii Sereda, and Volodymyr Pazii. "ANALYSIS OF THE EFFICIENCY OF USING INVESTMENTS FOR INCREASE OF CONTINUITY OF ELECTRICITY SUPPLY." Energy saving. Power engineering. Energy audit., no. 10(152) (April 24, 2021): 23–29. http://dx.doi.org/10.20998/2313-8890.2020.09.03.

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The method of the analysis of efficiency of use of investments for increase of continuity of electricity supply for customers is offered. The use of coefficients which are identical to product of average specific financing of investment programs with taking into account of standard units of electric equipment and a target System Average Interruption Duration Index in a method of the comparative analysis of efficiency of use of investments is offered. The calculation of factors of an inefficiency of use of investments for increase of continuity of electricity supply of customers which are in ru
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Shyshkin, Viktor. "The place of small agricultural entrepreneurship in the development of amalgamated territorial communities." University Economic Bulletin, no. 48 (March 30, 2021): 7–20. http://dx.doi.org/10.31470/2306-546x-2021-48-7-20.

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Relevance of research topic. The number of Ukrainian holding-type organizations and their land bankcontinues to grow, "displacing" small and medium-sized producers from the agricultural economy.Since 2019, state policy has been refocusing on forced support for small and small-scale farms, and after the Ukrainian decentralization reform the leadership of the united territorial communities of the new tools they received depends on the development of small and medium-sized businesses. Formulation of the problem. Today, the actualization of local economic development requires significant financial
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Bila, Svitlana. "Agricultural production strategies: world experience." University Economic Bulletin, no. 45 (May 27, 2020): 7–21. http://dx.doi.org/10.31470/2306-546x-2020-45-7-21.

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Actual importance of research theme: Combating hunger and providing the Earth’s population with sufficient amount of products is considered one of the strategic priorities of human civilization sustainable development by the UN up to 2030. The rapid growth of this planet’s human population in the 21st century, estimated at 7.6. billion people, leads to the global demand for production and foodstuff. Simultaneously, traditional strategies of extensive development conventional in the 20th century and “target” intensification of agriculture do not take expected positive effect nowadays. World eco
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Scafuto, Isabel Cristina, Priscila Rezende, and Marcos Mazzieri. "International Journal of Innovation - IJI completes 7 years." International Journal of Innovation 8, no. 2 (August 31, 2020): 137–43. http://dx.doi.org/10.5585/iji.v8i2.17965.

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International Journal of Innovation - IJI completes 7 yearsInternational Journal of Innovation - IJI has now 7 years old! In this editorial comment, we not only want to talk about our evolution but get even closer to the IJI community. It is our first editorial comment, a new IJI's communication channel. Some of the changes are already described on our website.IJI is an innovation-focused journal that was created to support scientific research and thereby contribute to practice. Also, IJI was born internationally, receiving and supporting research from around the world. We welcome articles in
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Haran, Martin Edward, Daniel Lo, Michael McCord, Peadar Davis, and Lay Cheng Lim. "Impact of firm-level attributes on listed real estate company performance." Journal of Property Investment & Finance ahead-of-print, ahead-of-print (August 25, 2020). http://dx.doi.org/10.1108/jpif-03-2020-0030.

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PurposeThe purpose of this paper is to test the extent to which company-specific attributes including market capitalisation, capital structure and investment focus impact upon the performance of European listed real estate companies. Enhanced understanding of firm-level performance drivers is important for investors in order to diversify their investment portfolios and to mitigate company-specific risks at different points in the real estate cycle.Design/methodology/approachThe study centres on six key listed European real estate markets selected on the basis of market capitalisation, diversit
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Shaimaa Yusuf Sabri, Najla Ibrahim Abdulrahman. "The impact of cash flows on the financial performance of companies - An analytical study on the Saudi telecommunications sector -: أثر التدفقات النقدية على الأداء المالي للشركات - دراسة تحليلية على قطاع الاتصالات السعودي -". مجلة العلوم الإقتصادية و الإدارية و القانونية 4, № 13 (28 листопада 2020). http://dx.doi.org/10.26389/ajsrp.c150420.

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This study aimed to identify the Net Cash Flows, from operational, investment and financing activities, impact on financial performance in terms of profitability through return on assets and return on property rights in the Saudi telecommunications sector. The study sample included (3) companies within Saudi telecommunications companies, and covered a 10-year period of time, from 2009 to 2018. The financial and statistical analysis is used to examine the study's hypotheses and questions, through the reports of the companies listed in the Capital Market and published on the Tadawul site as well
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Phuc, Nguyen Van. "Institutions and investment efficiency: An empirical investigation." HCMCOUJS - ECONOMICS AND BUSINESS ADMINISTRATION 1, no. 1 (January 20, 2011). http://dx.doi.org/10.46223/hcmcoujs.econ.en.1.1.1003.2011.

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New Institutional Economics has revived the important role of institutions
 on economic growth. North (1990) was a pioneering work. Institutions are defined as ‘the humanly devised constraints that structure human interaction. They are made up of formal constraints (for example, rules,
 laws, constitutions), informal constraints (for example, norms of behaviour, conventions, self-imposed codes of conduct), and their enforcement characteristics’ (North 1994, p. 360). Formal institutions are constraints
 sanctioned by state power if individuals violate them, while informal institu
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Dabara, Daniel Ibrahim. "Evolution of REITs in the Nigerian real estate market." Journal of Property Investment & Finance ahead-of-print, ahead-of-print (February 26, 2021). http://dx.doi.org/10.1108/jpif-09-2020-0098.

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PurposeThis study aims to examine the performance of real estate investment trusts (REITs) in emerging property markets. The paper used the Nigerian REIT (N-REIT) as a case study of an African REIT market, to provide information for investment decisions.Design/methodology/approachSeven years quarterly returns data (from 2013 to 2019) were obtained and used to analyse the holding period returns, return–risk ratio, coefficient of variation and Sharpe ratios of N-REIT, All Share Index of stocks (ASI) and the Federal Government Bonds (FGB) in Nigeria.FindingsThe study reveals that N-REIT outperfor
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Truong, Tung Q., Ji Zhang, Zongzhi Li та Lu Wang. "Integrated Herfindahl–Hirschman Index, Compromise Programming, and ε-Constraint Method For Multicriteria Performance-Based Transportation Budget Allocation". Transportation Research Record: Journal of the Transportation Research Board, 13 травня 2021, 036119812110116. http://dx.doi.org/10.1177/03611981211011648.

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This paper introduces a new method for multicriteria performance-based transportation budget allocation. First, the Herfindahl–Hirschman Index (HHI) that has long been used in economics for measuring the level of monopolization in a marketplace is employed to derive the relative weights of multiple non-commensurable transportation performance criteria. Next, a compromise programming (CP) model is formulated to help transform the multicriteria optimization formulation for transportation budget allocation to a single-objective optimization model solvable by minimizing the Chebyshev distance to t
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Marzuki, Muhammad Jufri, and Graeme Newell. "A global investment opportunity in non-listed infrastructure for institutional investors." Journal of Property Investment & Finance ahead-of-print, ahead-of-print (May 15, 2020). http://dx.doi.org/10.1108/jpif-11-2019-0142.

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PurposeInfrastructure investment is one of the few high-calibre real alternative assets with a strong prominence in the portfolios of institutional investors, especially those with a liability-driven investment strategy. This has seen increased institutional investor interest in infrastructure for reasons such as diversification benefits and inflation hedging abilities, resulting in the substantial growth in non-listed and listed investment products offering access to the infrastructure asset class, and complementing the existing route via direct investment. This paper aims to assess the inves
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Nguyen, Nhu-Ty. "Integrating Data Envelopment Analysis and Grey System Theory to Access Ho Chi Minh City Power Corporation Performance Analysis." Journal of Southwest Jiaotong University 55, no. 2 (2020). http://dx.doi.org/10.35741/issn.0258-2724.55.2.64.

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Any study of the development of the economy must take into account the role of the electricity sector. This is the sector promoting production, improving competitiveness, and attracting investment. With the motto "electricity goes one step ahead," the power sector has contributed to the restructuring of the industry, economic recovery and growth, security and defense. Specifically, agriculture, forestry and fishery production activities of rural and mountainous areas have been oriented toward commodity and export markets. Improved services and quality of electricity have encouraged domestic an
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B2041171019, TEDDY MULYAWAN. "PERAN FINANCIAL DISTRESS SEBAGAI MEDIASI GOOD CORPORATE GOVERNANCE TERHADAP RETURN SAHAM." Equator Journal of Management and Entrepreneurship (EJME) 7, no. 4 (August 6, 2019). http://dx.doi.org/10.26418/ejme.v7i4.34574.

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Penelitian ini bertujuan untuk mengetahui pengaruh Financial Distress memediasi Good Corporate Governance dan Return saham. Penilaian financial distress menggunakan proksi Altman Z-Score untuk EMS (Emerging Market) yang dirasakan sesuai dengan kondisi pasar modal di Indonesia. Model analisis yang digunakan adalah regresi berganda dan hasil yang ditemukan adanya pengaruh financial distress memediasi kedua variabel penelitian GCG dan return saham. Dari keseluruhan emiten yang tercatat dalam SWA (per 1 November 2018), ditemukan sejumlah 12 emiten yang dapat dijadikan sampel dalam penelitian karen
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Sears, Cornelia, and Jessica Johnston. "Wasted Whiteness: The Racial Politics of the Stoner Film." M/C Journal 13, no. 4 (August 19, 2010). http://dx.doi.org/10.5204/mcj.267.

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We take as our subject what many would deem a waste of good celluloid: the degraded cultural form of the stoner film. Stoner films plot the experiences of the wasted (those intoxicated on marijuana) as they exhibit wastefulness—excessiveness, improvidence, decay—on a number of fronts. Stoners waste time in constantly hunting for pot and in failing to pursue more productive activity whilst wasted. Stoners waste their minds, both literally, if we believe contested studies that indicate marijuana smoking kills brains cells, and figuratively, in rendering themselves cognitively impaired. Stoners w
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