Polycentric urban structure and housing price in the transitional China: Evidence from Hangzhou

Wen, Haizhen; Tao, Yunlong

doi:10.1016/j.habitatint.2014.11.006

Cited by 122 publications

(84 citation statements)

References 37 publications

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“…In fact, since the welfare housing system was abolished in 1998, the real estate market has flourished [33]. On this basis, many domestic scholars have carried out property studies with the hedonic pricing method to estimate families' MWTP for property attributes [34][35][36][37][38][39]. Our study, which analyzes the negative impacts of WTE plants upon the adjacent property value in China, is an important complement to the previous literature.…”

Section: Contributionsmentioning

confidence: 92%

Effects of Waste-to-Energy Plants on China’s Urbanization: Evidence from a Hedonic Price Analysis in Shenzhen

2017

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Abstract:Along with the accelerated process of China's urbanization, the increasing urban population has put much pressure on solid waste disposal. A speeding-up development plan of waste incineration power generation has been launched in China, which aims to resolve the dilemma where many cities are besieged by waste. However, due to the potential impact on surrounding environment, the site selection of these facilities has encountered protests from local residents. The economic reflection of the non-market public sentiment precisely embodies the prices of surrounding real estate market. Taking Shenzhen city as an example, this paper applies a hedonic price model to evaluate its impact on local housing values. The results show that for every additional kilometer the property is away from WTE (waste-to-energy) plants, the value of real estate can increase by 1.30%. If the distance is restricted to within 5 km, the effect rises to 8.6%, which remarkably increases negative externality. In addition, the depreciation impacts on property in two regions of Shenzhen city are significantly different. Policies for reducing the negative effects of the WTE plants are recommended.

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Section: Contributionsmentioning

confidence: 92%

Effects of Waste-to-Energy Plants on China’s Urbanization: Evidence from a Hedonic Price Analysis in Shenzhen

2017

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“…, Wen and Tao(2015), Ding and Zhao(2014) . • Conserve 600 year history and enhance industry in field of international finance, business, commerce, etc.…”

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confidence: 99%

Analysis of Changes in Spatial Structure of Seoul by Analyzing the Land Price Changes of Station Influence Areas

구현철¹,

이병길²,

이창수³

2016

Journal of the Korean Society of Surveying, Geodesy, Photogramm

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From 1990, Seoul Metropolitan Government has established an urban master plan for the efficient city management by introducing the central place structure with a multi-tiered hierarchy. In the plan, Seoul City uses the strategy of developing the station influence area around the urban railway, in order to form the central place structure, effectively. . Therefore, reviewing impacts of urban railway is the most fundamental study for understanding changes in the spatial structures of Seoul. In the study, we have analyzed the changes in the central place structure of Seoul City with the public land price changes in station influence area around the urban railway at each year of 2000, 2005, and 2010. As a result, we could easily recognize the changes in the hierarchical central place structure by analyzing the time-series changes of public land price in station influence area. This is an Open Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http:// creativecommons.org/licenses/by-nc/3.0) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited. Keywords

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“…First, this paper has supplied evidence that land price has also been affected by employment subcenters from a dynamic view, and that the effects will increase with the development of subcenters. Second, this paper further shows that the polycentric models are also effective in a transitional economy, in which land use is dominated by both the land market and the government [7,36,57]. Third, many omitted variables that can affect land price have been added as control variables, which excludes the effect of unobserved variables on land price.…”

Section: Conclusion and Discussionmentioning

confidence: 80%

The Dynamic Impacts of Employment Subcenters on Residential Land Price in Transitional China: An Examination of the Beijing Metropolitan Area

et al. 2018

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Abstract:In recent years, increasing attention has been paid to the urban spatial structure in developing countries. In China, studies have shown that many mega cities or big cities have been transformed into polycentric spatial structures. However, polycentric spatial structures' impact on urban development requires further empirical research, including in relation to land price, commuting, and population distribution. Taking Beijing as an example, this paper discusses employment subcenters' rise and evolution on residential land prices. Using the land transaction data for 2001-2013, this paper analyzes the residential market characteristics in terms of their temporal and spatial variation and studies the impact of employment subcenters on residential land prices using a Hedonic model of Beijing city for

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Polycentric urban structure and housing price in the transitional China: Evidence from Hangzhou

Cited by 122 publications

References 37 publications

Effects of Waste-to-Energy Plants on China’s Urbanization: Evidence from a Hedonic Price Analysis in Shenzhen

Effects of Waste-to-Energy Plants on China’s Urbanization: Evidence from a Hedonic Price Analysis in Shenzhen

Analysis of Changes in Spatial Structure of Seoul by Analyzing the Land Price Changes of Station Influence Areas

The Dynamic Impacts of Employment Subcenters on Residential Land Price in Transitional China: An Examination of the Beijing Metropolitan Area

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