@article{ART001045069},
author={jung young kim},
title={An Empirical Study on the Interrelation between Land Price and Macroeconomic Variables in the Arbitrage Pricing Model},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2006},
volume={16},
number={1},
pages={99-118}
TY - JOUR
AU - jung young kim
TI - An Empirical Study on the Interrelation between Land Price and Macroeconomic Variables in the Arbitrage Pricing Model
JO - Korea Real Estate Review
PY - 2006
VL - 16
IS - 1
PB - korea real estate research institute
SP - 99
EP - 118
SN - 2092-5395
AB - The paper aims to investigate factor structure of land price and to interpret economic meaning of significant factors using Arbitrage Pricing Model(APM)
In this study, the samples of 212 areas are selected for the data of land price change the period of 1990 through 2004. And the sizes of portfolios were structured as 20, 30, 40, 50 areas.
The factor analysis and regression analysis were used to find out the number of significant common factors. canonical correlation analysis as a multivariate approach were performed. The corresponding factor scores of significant factors were used as the dependent variables while the five economic variables were used as the independent variables
KW - Arbitrage Pricing Model;structure of land price;factor analysis;canonical correlation analysis
DO -
UR -
ER -
jung young kim. (2006). An Empirical Study on the Interrelation between Land Price and Macroeconomic Variables in the Arbitrage Pricing Model. Korea Real Estate Review, 16(1), 99-118.
jung young kim. 2006, "An Empirical Study on the Interrelation between Land Price and Macroeconomic Variables in the Arbitrage Pricing Model", Korea Real Estate Review, vol.16, no.1 pp.99-118.
jung young kim "An Empirical Study on the Interrelation between Land Price and Macroeconomic Variables in the Arbitrage Pricing Model" Korea Real Estate Review 16.1 pp.99-118 (2006) : 99.
jung young kim. An Empirical Study on the Interrelation between Land Price and Macroeconomic Variables in the Arbitrage Pricing Model. 2006; 16(1), 99-118.
jung young kim. "An Empirical Study on the Interrelation between Land Price and Macroeconomic Variables in the Arbitrage Pricing Model" Korea Real Estate Review 16, no.1 (2006) : 99-118.
jung young kim. An Empirical Study on the Interrelation between Land Price and Macroeconomic Variables in the Arbitrage Pricing Model. Korea Real Estate Review, 16(1), 99-118.
jung young kim. An Empirical Study on the Interrelation between Land Price and Macroeconomic Variables in the Arbitrage Pricing Model. Korea Real Estate Review. 2006; 16(1) 99-118.
jung young kim. An Empirical Study on the Interrelation between Land Price and Macroeconomic Variables in the Arbitrage Pricing Model. 2006; 16(1), 99-118.
jung young kim. "An Empirical Study on the Interrelation between Land Price and Macroeconomic Variables in the Arbitrage Pricing Model" Korea Real Estate Review 16, no.1 (2006) : 99-118.
