Journal of Korean Society of Rural Planning (농촌계획)

Korean Society of Rural Planning (한국농촌계획학회)
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Analysis of the Implication of Accessibility to Community Facilities for Land Price in Rural Areas using a Hedonic Land Price Model

헤도닉모형을 이용한 농촌지역 생활편익시설의 접근성이 지가에 미치는 영향 분석

  • Kim, Solhee (Department of Landscape Architecture and Rural Systems Engineering, Seoul National University) ;
  • Kim, Taegon (The NorthStar Initiative for Sustainable Enterprise (NiSE), Institute on the Environment, University of Minnesota) ;
  • Suh, Kyo (Graduate School of International Agricultural Technology, Seoul National University, Institute of Green Bio Science & Technology, Seoul National University)
  • 김솔희 (서울대학교 농업생명과학대학 생태조경.지역시스템공학부) ;
  • 김태곤 (미국 미네소타대학교, 환경연구소) ;
  • 서교 (서울대학교 국제농업기술대학원, 서울대학교 그린바이오과학기술연구원)
  • Received : 2015.12.16
  • Accepted : 2016.02.25
  • Published : 2016.02.28
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Abstract

Land price can be affected by convenience or psychological repulsion like PIMFY (Please In My Front Yard) or NIMBY (Not In My Back Yard) for various facilities. Services related to public establishment, welfare, medical attention, and amenities in rural areas are comparatively poorer than those in urban areas. The purpose of this study is to estimate the implications of the accessibility to community facilities in rural areas for land prices using a hedonic price model. The accessibility to facilities is estimated by real road distances and the land prices are applied for four types of land usages: field, rice paddy, building lots, and village halls. Community facilities are classified from public and community services view: education, safety, culture, transport, environment, health care, and finance. The results show that the accessibility to health care and transport can positively affect land prices and the accessibility to environment (waste facilities and junkyard) and unpleasant services (funeral hall and charnel house) can negatively affect land prices. Especially, the accessibility to hospital is the most positive influential factor for all types of land usages.

Keywords

References

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