@article{ART001218387},
author={Heo, Jang Sig and Kim, Hocheol},
title={An Analysis on the Factors Determining Land Prices in Golf Course},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2007},
volume={17},
number={2},
pages={73-94}
TY - JOUR
AU - Heo, Jang Sig
AU - Kim, Hocheol
TI - An Analysis on the Factors Determining Land Prices in Golf Course
JO - Korea Real Estate Review
PY - 2007
VL - 17
IS - 2
PB - korea real estate research institute
SP - 73
EP - 94
SN - 2092-5395
AB - This study tried to analyze the factors determining land price in golf course. The object of this study is all golf courses opened nationwide and is limited to microscopic analysis which mainly concentrates on influences of individual factors on market value.
Statistical analysis was conducted by using hedonic price function. This study used DPI(distance-population index) which is the sum of numbers result from division of the population of cities nationwide by distance(km) from each city to golf courses. As a result of analysis, significant factors selected are as follows; DPI, zoning, rate of development area, total length of golf course, and subsidiary facilities for physical-factors ; greens fee for non-members and annual sales for operation-factors. DPI was commonly a significant factor on all type of models at 1% level of significance.
KW - Golf Course;Influential Factors;distance-population index
DO -
UR -
ER -
Heo, Jang Sig and Kim, Hocheol. (2007). An Analysis on the Factors Determining Land Prices in Golf Course. Korea Real Estate Review, 17(2), 73-94.
Heo, Jang Sig and Kim, Hocheol. 2007, "An Analysis on the Factors Determining Land Prices in Golf Course", Korea Real Estate Review, vol.17, no.2 pp.73-94.
Heo, Jang Sig, Kim, Hocheol "An Analysis on the Factors Determining Land Prices in Golf Course" Korea Real Estate Review 17.2 pp.73-94 (2007) : 73.
Heo, Jang Sig, Kim, Hocheol. An Analysis on the Factors Determining Land Prices in Golf Course. 2007; 17(2), 73-94.
Heo, Jang Sig and Kim, Hocheol. "An Analysis on the Factors Determining Land Prices in Golf Course" Korea Real Estate Review 17, no.2 (2007) : 73-94.
Heo, Jang Sig; Kim, Hocheol. An Analysis on the Factors Determining Land Prices in Golf Course. Korea Real Estate Review, 17(2), 73-94.
Heo, Jang Sig; Kim, Hocheol. An Analysis on the Factors Determining Land Prices in Golf Course. Korea Real Estate Review. 2007; 17(2) 73-94.
Heo, Jang Sig, Kim, Hocheol. An Analysis on the Factors Determining Land Prices in Golf Course. 2007; 17(2), 73-94.
Heo, Jang Sig and Kim, Hocheol. "An Analysis on the Factors Determining Land Prices in Golf Course" Korea Real Estate Review 17, no.2 (2007) : 73-94.
