@article{ART001377897},
author={Lee Yong Kyu and 김중태},
title={Analysis of Factors in Government Policy Restraining Private Investment in Land Development},
journal={The Korea Spatial Planning Review},
issn={1229-8638},
year={2009},
volume={62},
pages={21-42},
doi={10.15793/kspr.2009.62..002}
TY - JOUR
AU - Lee Yong Kyu
AU - 김중태
TI - Analysis of Factors in Government Policy Restraining Private Investment in Land Development
JO - The Korea Spatial Planning Review
PY - 2009
VL - 62
IS - null
PB - 국토연구원
SP - 21
EP - 42
SN - 1229-8638
AB - In the case of Korea, due to the public nature of land and price stabilization policy, the public sector has been deeply involved in land distribution. Since the role of the public sector is limited in the public goods market, the private sector has to play a primary role as a supplier of land. However, according to a recent survey, the current land-supply policy is negatively affecting the private sector; Furthermore, it is discouraging the private sector to invest in land development and home construction. Therefore, the land-supply plan of the Korean government could not be accomplished without a major change on land-supply policy. In this context, this study has analyzed the current land-supply policy from the view point of private land developers; It was found that a reformation in the ‘Price ceiling system’ and ‘Donation policy’ could increase the investment in land development by private sectors, utilizing structural equation method(SEM). In order to increase reliability of research result, another statistical method, Analytic Hierarchy Process(AHP), was also utilized.
KW - Land-supply Policy;SEM;AHP
DO - 10.15793/kspr.2009.62..002
ER -
Lee Yong Kyu and 김중태. (2009). Analysis of Factors in Government Policy Restraining Private Investment in Land Development. The Korea Spatial Planning Review, 62, 21-42.
Lee Yong Kyu and 김중태. 2009, "Analysis of Factors in Government Policy Restraining Private Investment in Land Development", The Korea Spatial Planning Review, vol.62, pp.21-42. Available from: doi:10.15793/kspr.2009.62..002
Lee Yong Kyu, 김중태 "Analysis of Factors in Government Policy Restraining Private Investment in Land Development" The Korea Spatial Planning Review 62 pp.21-42 (2009) : 21.
Lee Yong Kyu, 김중태. Analysis of Factors in Government Policy Restraining Private Investment in Land Development. 2009; 62 21-42. Available from: doi:10.15793/kspr.2009.62..002
Lee Yong Kyu and 김중태. "Analysis of Factors in Government Policy Restraining Private Investment in Land Development" The Korea Spatial Planning Review 62(2009) : 21-42.doi: 10.15793/kspr.2009.62..002
Lee Yong Kyu; 김중태. Analysis of Factors in Government Policy Restraining Private Investment in Land Development. The Korea Spatial Planning Review, 62, 21-42. doi: 10.15793/kspr.2009.62..002
Lee Yong Kyu; 김중태. Analysis of Factors in Government Policy Restraining Private Investment in Land Development. The Korea Spatial Planning Review. 2009; 62 21-42. doi: 10.15793/kspr.2009.62..002
Lee Yong Kyu, 김중태. Analysis of Factors in Government Policy Restraining Private Investment in Land Development. 2009; 62 21-42. Available from: doi:10.15793/kspr.2009.62..002
Lee Yong Kyu and 김중태. "Analysis of Factors in Government Policy Restraining Private Investment in Land Development" The Korea Spatial Planning Review 62(2009) : 21-42.doi: 10.15793/kspr.2009.62..002
