Housing prices are determined by a variety of factors, including the features of the building and the neighborhood environment, and a potential buyer decides to buy a house after reviewing these factors and concluding that it is worth the price. We used Hedonic Price Methods to find the relationship between monetary value of house and access conditions to urban parks. Two meaningful results were discovered in this study: first, as the distance from the park increases, the value of the park inherent in the housing price decreases; second, the greater walking accessibility, to the park, the higher the park value inherent in housing prices. Despite presenting shorter distances to walk and more entrances, poorly accessible zones were deemed as such due to the necessity of crossing an arterial road. This indicates that the results can define accessibility not as the Euclidian distance but as the shortest walking distance while considering crossroads and park entrances. The results of this study have significant implications for urban park economic impact analyses in Seoul. Also, the increase in housing prices closer to parks supports the idea that access is dependent on the residents' socioeconomic status. Lastly, the results of this study can improve walking accessibility to the park.
Resident participation is crucial to the success of tourism development at community-level destinations. This study examines the effect of residents’ participation on their support for tourism development at the community level through a case study of Gamcheon Culture Village, South Korea. Using the structural equation model (SEM), including the variables of participation of tourism development, community attachment, economic dependence, perceived positive impacts, perceived negative impacts, and attitude toward tourism development, this study found that participation in tourism development significantly influences residents’ attitude toward development. Residents’ participation not only directly affects their attitude toward tourism development, but also indirectly influences it by increasing their positive perception of tourism development. Results empirically reveal that resident participation is critical to tourism development, especially for destinations at the local level.
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