The puzzling heterogeneity of amenity capitalization effects on land markets
文献类型：期刊论文
| 作者 | Wu, Wenjie1; Dong, Guanpeng2; Zhang, Wenzhong3
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| 刊名 | PAPERS IN REGIONAL SCIENCE
 |
| 出版日期 | 2017-03-01 |
| 卷号 | 96页码:S135-S154 |
| 关键词 | Land market local public goods spatial econometric methods China |
| ISSN号 | 1056-8190 |
| DOI | 10.1111/pirs.12186 |
| 通讯作者 | Wu, Wenjie(w.wu@hw.ac.uk) |
| 英文摘要 | Government-funded urban amenities provide significant values to land markets. This paper uses spatial econometric techniques to recover the puzzling heterogeneity in capitalized values of local amenities such as higher education facilities, transport and environmental amenities. On top of its policy implications, this paper differentiates between non-spatial models and spatial models to allow spatially varying marginal-price estimates and reflect the subtle ways that land markets capitalize local amenities. Our results provide heterogeneous estimates of capitalized amenity values that would affect land development, illustrating the linkage between government-funded amenities and the intensity of land development. Resumen Los servicios urbanos financiados por el gobierno proporcionan un valor significativo a los mercados del suelo. Este articulo utiliza tecnicas de econometria espacial para capturar la desconcertante heterogeneidad de los valores capitalizados de los servicios locales, tales como instituciones de educacion superior, transporte y servicios ambientales. Ademas de sus implicaciones politicas, este documento distingue entre los modelos no espaciales y los espaciales, para permitir estimaciones de precios marginales con variacion espacial y reflejar la sutileza con la que los mercados inmobiliarios del suelo se aprovechan de los servicios locales. Los resultados ofrecen estimaciones heterogeneas de los valores recreativos capitalizados que afectarian al desarrollo inmobiliario, lo que ilustra la relacion entre los servicios financiados por el gobierno y la intensidad del desarrollo inmobiliario en cuanto al suelo. ??: ??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? |
| WOS关键词 | GEOGRAPHICALLY WEIGHTED REGRESSION ; RESIDENTIAL PROPERTY-VALUES ; SPATIAL VARIATION ; PRICE MODELS ; HOUSING PRICES ; OPEN SPACE ; CHINA ; TRANSPORTATION ; ECONOMETRICS ; ECONOMY |
| 资助项目 | National Natural Science Foundation of China[41230632] ; National Natural Science Foundation of China[71473105] ; Program for New Century Excellent Talents in University[NCET-110856] ; National Social Science Foundation[14ZDB144] |
| WOS研究方向 | Business & Economics ; Environmental Sciences & Ecology ; Geography |
| 语种 | 英语 |
| WOS记录号 | WOS:000398195200007 |
| 出版者 | WILEY |
| 资助机构 | National Natural Science Foundation of China ; Program for New Century Excellent Talents in University ; National Social Science Foundation |
| 源URL | [http://ir.igsnrr.ac.cn/handle/311030/64739]  |
| 专题 | 中国科学院地理科学与资源研究所 |
| 通讯作者 | Wu, Wenjie |
| 作者单位 | 1.Heriot Watt Univ, Inst Social Policy Housing Environm & Real Estate, Edinburgh EH14 4AS, Midlothian, Scotland 2.Univ Sheffield, Sheffield Methods Inst, ICOSS, 219 Portobello, Sheffield S1 4DP, S Yorkshire, England 3.Chinese Acad Sci, Inst Geog Sci & Nat Resources Res, Beijing 100101, Peoples R China |
| 推荐引用方式 GB/T 7714 | Wu, Wenjie,Dong, Guanpeng,Zhang, Wenzhong. The puzzling heterogeneity of amenity capitalization effects on land markets[J]. PAPERS IN REGIONAL SCIENCE,2017,96:S135-S154. |
| APA | Wu, Wenjie,Dong, Guanpeng,&Zhang, Wenzhong.(2017).The puzzling heterogeneity of amenity capitalization effects on land markets.PAPERS IN REGIONAL SCIENCE,96,S135-S154. |
| MLA | Wu, Wenjie,et al."The puzzling heterogeneity of amenity capitalization effects on land markets".PAPERS IN REGIONAL SCIENCE 96(2017):S135-S154. |
入库方式： OAI收割
来源：地理科学与资源研究所
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