Empirical Analysis of the Effect of the Level of Urban Compactness on Land Prices

DOI Open Access

Bibliographic Information

Other Title
  • 都市のコンパクト度が地価に与える影響の実証分析

Description

<p>  In cities where the population is concentrated in the center of the city (cities with high levels of compactness), land prices tend to be high in locations such as residential areas. This is because the level of public services is high, living is convenient and economic activities are efficient in these cities. This paper analyzes the effects of levels of compactness on land prices compiled by the Japanese government for various levels of compactness, various types of land use and various levels of distances from the center of the city by using a fixed effect model with panel data. </p><p>  The results show that land prices become higher in cities with higher levels of compactness, and that the impact on land prices varies with the level of compactness and whether the land is used as a residential area or commercial area. The results also show that rises in land price are bigger in zones that are closer to the center of the city than in zones that are further away.</p>

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Details 詳細情報について

  • CRID
    1390009305275934336
  • NII Article ID
    130008142852
  • DOI
    10.50898/pfsjipf.16.0_190
  • ISSN
    24363421
  • Text Lang
    ja
  • Article Type
    journal article
  • Data Source
    • JaLC
    • CiNii Articles
    • KAKEN
  • Abstract License Flag
    Allowed

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