@article{ART002031363},
author={Kim Ju Young and Donggun Yoon},
title={Effects on the Neighboring Land Price of Innovation City’s Development},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2015},
volume={25},
number={3},
pages={67-77}
TY - JOUR
AU - Kim Ju Young
AU - Donggun Yoon
TI - Effects on the Neighboring Land Price of Innovation City’s Development
JO - Korea Real Estate Review
PY - 2015
VL - 25
IS - 3
PB - korea real estate research institute
SP - 67
EP - 77
SN - 2092-5395
AB - Development of innovation city will change urban real estate market and urban space structure. Innovation city have its unique characteristics compared with prior new town or land development project. Our study primarily focus on effects of Kangwon innovation city to its regional real estate markets through land price. We analysed spatial scope of innovation city using hedonic price model and did(difference-in-difference) methods. We divided independent variables by three kinds of types like land variables, location variables and distant variable and other control variables. Research results like as foillows. First, the distance of innovation city was one of the main factors in deciding surrounding land price determination and its effects are even larger as time goes on. Second, land price increase of intensive development periods was appeared somewhat higher than that of its primary development ones. Third, land price increase was not differ from neighboring area and the rest of area in statistical meaning.
KW - innovation city;difference-in-difference;hedonic price model;land price
DO -
UR -
ER -
Kim Ju Young and Donggun Yoon. (2015). Effects on the Neighboring Land Price of Innovation City’s Development. Korea Real Estate Review, 25(3), 67-77.
Kim Ju Young and Donggun Yoon. 2015, "Effects on the Neighboring Land Price of Innovation City’s Development", Korea Real Estate Review, vol.25, no.3 pp.67-77.
Kim Ju Young, Donggun Yoon "Effects on the Neighboring Land Price of Innovation City’s Development" Korea Real Estate Review 25.3 pp.67-77 (2015) : 67.
Kim Ju Young, Donggun Yoon. Effects on the Neighboring Land Price of Innovation City’s Development. 2015; 25(3), 67-77.
Kim Ju Young and Donggun Yoon. "Effects on the Neighboring Land Price of Innovation City’s Development" Korea Real Estate Review 25, no.3 (2015) : 67-77.
Kim Ju Young; Donggun Yoon. Effects on the Neighboring Land Price of Innovation City’s Development. Korea Real Estate Review, 25(3), 67-77.
Kim Ju Young; Donggun Yoon. Effects on the Neighboring Land Price of Innovation City’s Development. Korea Real Estate Review. 2015; 25(3) 67-77.
Kim Ju Young, Donggun Yoon. Effects on the Neighboring Land Price of Innovation City’s Development. 2015; 25(3), 67-77.
Kim Ju Young and Donggun Yoon. "Effects on the Neighboring Land Price of Innovation City’s Development" Korea Real Estate Review 25, no.3 (2015) : 67-77.
