학술논문
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- 영문명
- A Study on the relationship between public transportation accessibility and office rents : A case of Seoul
- 발행기관
- 한국부동산정책학회
- 저자명
- 진장익(Jin, Jangik) 이용백(Lee, Yong-Baek)
- 간행물 정보
- 『부동산정책연구』제19집 제3호, 1~15쪽, 전체 15쪽
- 주제분류
- 사회과학 > 정책학
- 파일형태
- 발행일자
- 2018.12.20
4,600원
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국문 초록
영문 초록
Over the past decades, a number of studies have demonstrated that public transportation accessibility are positively associated with housing prices. However, only a few studies have examined the effects of public transportation on the commercial property values. So, our understanding of the relationship between public transportation and commercial property values is limited. With this perspective, the objective of this study is to explore the relationship between public transportation accessibility and office rents focusing on the city of Seoul. We use the micro commercial rent data from the Korea Appraisal Board with a fixed-effects pooled regression model. Our empirical results show that distance to the nearest subway station is negatively associated with office rent after controlling for the other factors. Also, our findings show that distance to the nearest bus stop has a non-linear relationship with office rents, which means it is negatively associated with office rents within 78m, but after 78m, it is positively associated with office rents. Our findings suggest that transit-oriented development based on the subway stations is a more efficient way of planning office districts in Seoul.
목차
Ⅰ. 서론
Ⅱ. 선행연구
Ⅲ. 연구자료
Ⅳ. 분석모형
Ⅴ. 실증분석결과
Ⅵ. 결론 및 논의
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