직장 접근성의 토지가격 효과에 관한 실증 연구
A Study on the Land Price Impacts of Job Accessibility in North Seoul, Korea
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Job accessibility has risen as the core concept in sustainable urban development and transportation planning. The concept measures how many jobs are located within specific transportation time. As urban sprawl generates serious traffic congestion, environmental problems, and climate change, the promising urban strategies are mixing urban land use and enhancing public transit service that increase job accessibility. This study aims to examine the job accessibility impacts on residential and commercial land price in North Seoul in 2001 and 2007. After reviewing the related literature, this study measured job accessibility within 30 minutes by cars and walking in 2001 and 2006. Through multi-level modeling, this study identifies the job accessibility impacts on land price. We confirmed that higher job accessibility conferred premium in both residential and commercial land price. While the premium in residential land price appeared over North Seoul, the benefits in commercial land price more localized within specific areas with variation. These results reflect that the premium in commercial price depends on job accessibility as well as the local conditions such as the competition among commercial property, characteristics of customers, and transportation network that determine the level of sales.
Abstract
Job accessibility has risen as the core concept in sustainable urban development and transportation planning. The concept measures how many jobs are located within specific transportation time. As urban sprawl generates serious traffic congestion, environmental problems, and climate change, the promising urban strategies are mixing urban land use and enhancing public transit service that increase job accessibility. This study aims to examine the job accessibility impacts on residential and commercial land price in North Seoul in 2001 and 2007. After reviewing the related literature, this study measured job accessibility within 30 minutes by cars and walking in 2001 and 2006. Through multi-level modeling, this study identifies the job accessibility impacts on land price. We confirmed that higher job accessibility conferred premium in both residential and commercial land price. While the premium in residential land price appeared over North Seoul, the benefits in commercial land price more localized within specific areas with variation. These results reflect that the premium in commercial price depends on job accessibility as well as the local conditions such as the competition among commercial property, characteristics of customers, and transportation network that determine the level of sales.
참고문헌 (22)
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