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@article{ART001138882},
author={김주영 and Kyoung Woo},
title={Housing Submarket Analysis of the Capital Region},
journal={The Korea Spatial Planning Review},
issn={1229-8638},
year={2004},
volume={41},
pages={7-7}

TY - JOUR
AU - 김주영
AU - Kyoung Woo
TI - Housing Submarket Analysis of the Capital Region
JO - The Korea Spatial Planning Review
PY - 2004
VL - 41
IS - null
PB - 국토연구원
SP - 7
EP - 7
SN - 1229-8638
AB - Most of housing research assumes that housing market is one and coefficient of hedonic price function is constant regardless of regional characteristics. In reality, it is more reasonable that housing market is divided by several submarkets. Our study focus on housing submarket of the Capital Region, Korea. There are several benefits in analysing housing submarket study. First, housing submarket analysis can give us an understanding for spatial structure of the capital region so it contribute to set up more efficient housing policy for this region. Second, performance of hedonic price function will be higher in case of mass appraisal of housing prices. The main conclusion is as follows. Housing market division of our research was represented as meaningful results. The comparison was conducted by standard error of the hedomic price model. First, housing submarket model by the distance to city of Seoul appeared more efficient predictive power than those of entire model by 7.9%. Second, housing submarket model by statistical method was more efficient than those of entire model by 7.1%.
KW - Housing Submarket;Hedonic Price Function;Standard Error
DO -
UR -
ER -

김주영 and Kyoung Woo. (2004). Housing Submarket Analysis of the Capital Region. The Korea Spatial Planning Review, 41, 7-7.

김주영 and Kyoung Woo. 2004, "Housing Submarket Analysis of the Capital Region", The Korea Spatial Planning Review, vol.41, pp.7-7.

김주영, Kyoung Woo "Housing Submarket Analysis of the Capital Region" The Korea Spatial Planning Review 41 pp.7-7 (2004) : 7.

김주영, Kyoung Woo. Housing Submarket Analysis of the Capital Region. 2004; 41 7-7.

김주영 and Kyoung Woo. "Housing Submarket Analysis of the Capital Region" The Korea Spatial Planning Review 41(2004) : 7-7.

김주영; Kyoung Woo. Housing Submarket Analysis of the Capital Region. The Korea Spatial Planning Review, 41, 7-7.

김주영; Kyoung Woo. Housing Submarket Analysis of the Capital Region. The Korea Spatial Planning Review. 2004; 41 7-7.

김주영, Kyoung Woo. Housing Submarket Analysis of the Capital Region. 2004; 41 7-7.

김주영 and Kyoung Woo. "Housing Submarket Analysis of the Capital Region" The Korea Spatial Planning Review 41(2004) : 7-7.