Korea Rural Economic Institue

The Effects of Urban Development Pressure on Agricultural Land Price: Application of a Mixed GWR Model

영문 제목
The Effects of Urban Development Pressure on Agricultural Land Price: Application of a Mixed GWR Model
저자
강동우;  김미영;  조덕호;  이성우
출판년도
2010-10
초록
This study examines the effects of urban development pressure on agricultural land prices in Korea. It investigates the determinants of agricultural land prices, focusing particularly on urban planning variables on agricultural land use. Since agricultural land price is in general closely related to the spatial characteristics of an area, it adopts a mixed GWR (geographically weighted regression) model in order to identify local and global effects of independent variables on agricultural property values. Results of a mixed GWR model prove to be superior to those of a global model (OLS) and standard spatial econometrics models (SAR, SEM, SAC) in terms of model fits and stability of the parameters estimated. The model notes that spatial dependency and heterogeneity are particularly important in examining the variations of agricultural land price. The empirical results provide strong evidences that such factors as man-made and natural features are closely relevant in determining agricultural property values.

This study examines the effects of urban development pressure on agricultural land prices in Korea. It investigates the determinants of agricultural land prices, focusing particularly on urban planning variables on agricultural land use. Since agricultural land price is in general closely related to the spatial characteristics of an area, it adopts a mixed GWR (geographically weighted regression) model in order to identify local and global effects of independent variables on agricultural property values. Results of a mixed GWR model prove to be superior to those of a global model (OLS) and standard spatial econometrics models (SAR, SEM, SAC) in terms of model fits and stability of the parameters estimated. The model notes that spatial dependency and heterogeneity are particularly important in examining the variations of agricultural land price. The empirical results provide strong evidences that such factors as man-made and natural features are closely relevant in determining agricultural property values.
목차
I. Introduction
II. Literature review
III. Methodology
IV. Data and Variables
V. Results
VI. Conclusion

I. Introduction
II. Literature review
III. Methodology
IV. Data and Variables
V. Results
VI. Conclusion
서지인용
page. 63 - 83
주제어
agricultural land price; mixed GWR model; spatial econometrics model; urban development pressure; agricultural land price; mixed GWR model; spatial econometrics model; urban development pressure
발간물 유형
KREI 논문
보고서 번호
RE33-4-04
URI
http://repository.krei.re.kr/handle/2018.oak/19432
Appears in Collections:
학술지 논문 > 농촌경제 / JRD
공개 및 라이선스
  • 공개 구분공개
Files in This Item

qrcode

  • mendeley

BROWSE