Retail accessibility and proximity effects on housing prices in Seoul, Korea: A retail type and housing submarket approach

Habitat International

Volumn 49, Issue , 2015, Pages 516-528

  Jang, Myungjun ^a   Kang, Chang Deok ^b  

^a Daegu University   (South Korea)

^b Chung Ang University   (South Korea)

Author keywords

Housing price; Housing submarket; Retail accessibility; Retail proximity; Seoul

Indexed keywords

ACCESSIBILITY; HOUSING MARKET; HOUSING POLICY; LAND USE; NEIGHBORHOOD; PRICE DYNAMICS; RETAILING;

SEOUL [SOUTH KOREA]; SOUTH KOREA;

EID: 84938489531     PISSN: 01973975     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.habitatint.2015.07.004     Document Type: Article

References (33)

1. Adair A., McGreal S., Smyth A., Cooper J., Ryley T. House prices and accessibility: the testing of relationships within the Belfast urban area. Housing Studies 2000, 15(5):699-716.
2. Alker H.R. A typology of ecological fallacies. Quantitative Ecological Analysis in the Social Sciences 1969, 69-86.
3. Cassel E., Mendelsohn R. The choice of functional forms for hedonic price equations: comment. Journal of Urban Economics 1985, 18:135-142.
4. Cervero R., Duncan M. Which reduces vehicle travel more: jobs-housing balance or retail-housing mixing?. Journal of the American Planning Association 2006, 72(4):475-490.
5. Chasco C., Le Gallo J. Hierarchy and spatial autocorrelation effects in hedonic models. Economics Bulletin 2012, 32(2):1474-1480.
6. Chiang Y.H., Peng T.C., Chang C.O. The nonlinear effect of convenience stores on residential property prices: a case study of Taipei, Taiwan. Habitat International 2015, 46:82-90.
7. Duncan C., Jones K. Using multilevel models to model heterogeneity: potential and pitfalls. Geographical Analysis 2000, 32(4):279-305.
8. Duncan M. The impact of transit-oriented development on housing prices in San Diego, CA. Urban Studies 2010, 48:1-25.
9. Fotheringham A.S., Brunsdon C., Charlton M. Geographically weighted regression 2002, John Wiley & Sons, Limited.
10. Glaeser E.L., Kolko J., Saiz A. Consumer city. Journal of Economic Geography 2001, 1(1):27-50.
11. Gordon C., Purciel-Hill M., Ghai N.R., Kaufman L., Graham R., Van Wye G. Measuring food deserts in New York City's low-income neighborhoods. Health & Place 2011, 17(2):696-700.
12. Grigsby W., Baratz M., Galster G., Maclennan D. The dynamic of neighborhood change and decline 1987, Pergamon Press, London.
13. Guy C. Planning for retail development: A critical view of the British experience 2006, Routledge.
14. Handy S. Smart growth and the transportation-land use connection: what does the research tell us?. International Regional Science Review 2005, 28(2):146-167.
15. Jones K., Bullen N. A multi-level analysis of the variations in domestic property prices: Southern England, 1980-87. Urban Studies 1993, 30(8):1409-1426.
16. Korea Chain Stores Association The yearbook of retail industry of Korea 2011, Seoul, Korea.
17. Koster H.R., Rouwendal J. The impact of mixed land use on residential property values. Journal of Regional Science 2012, 52(5):733-761.
18. Lang R. Edgeless cities: Exploring the elusive metropolis 2003, Brookings Institution Press.
19. Mikelbank B.A. Spatial analysis of the relationship between housing values and investments in transportation infrastructure. The Annals of Regional Science 2004, 38(4):705-726.
20. Öner Ö. Retail city: The relationship between place attractiveness and accessibility to shops 2015, (No. 1055), Research Institute of Industrial Economics.
21. Páez A., Mercado R.G., Farber S., Morency C., Roorda M. Relative accessibility deprivation indicators for urban settings: definitions and application to food deserts in Montreal. Urban Studies 2010, 47(7):1415-1438.
22. Robinson W.S. Ecological correlations and the behavior of individuals. American Sociological Review 1950, 46:351-357.
23. Schuetz J., Kolko J., Meltzer R. Are poor neighborhoods "retail deserts"?. Regional Science and Urban Economics 2012, 42(1):269-285.
24. Seoul Institute The study on characteristics of Seoul's small retail trade and future policy perspectives 2012, Seoul, Korea.
25. Seoul Metropolitan Government Seoul master plan 2030 2014, Seoul, Korea.
26. Seoul Statistics (2014, Dec. 15). Retrieved from. http://stat.seoul.go.kr/.
27. Sohn J., Choi S., Lewis R., Knaap G. Characterizing urban sprawl on a local scale with accessibility measures. The Geographical Journal 2012, 178(3):230-241.
28. Song Y., Knaap G.J. Measuring urban form: is Portland winning the war on sprawl?. Journal of the American Planning Association 2004, 70(2):210-225.
29. Song Y., Sohn J. Valuing spatial accessibility to retailing: a case study of the single family housing market in Hillsboro, Oregon. Journal of Retailing and Consumer Services 2007, 14(4):279-288.
30. The Editors of Encyclopedia Britannica Encyclopedia of Britannica 2014, Retrieved from. http://www.britannica.com.
31. Tsou K.W., Cheng H.T. The effect of multiple urban network structures on retail patterns - a case study in Taipei, Taiwan. Cities 2013, 32:13-23.
32. Wang F., Minor W.W. Where the jobs are: employment access and crime patterns in Cleveland. Annals of the Association of American Geographers 2002, 92(3):435-450.
33. Wang Y., Potoglou D., Orford S., Gong Y. Bus stop, property price and land value tax: a multilevel hedonic analysis with quantile calibration. Land Use Policy 2015, 42:381-391.