Spatial Fragmentation and the Value of Residential Housing

被引：21

作者：

Kuethe, Todd H. ^{[1
]}

机构：

[1] USDA, Econ Res Serv, Washington, DC 20250 USA

来源：

LAND ECONOMICS | 2012年 / 88卷 / 01期

关键词：

SPRAWL; MODEL; AUTOCORRELATION; FRAMEWORK; PATTERN; MARKET; IMPACT;

D O I：

10.3368/le.88.1.16

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study examines the impacts of spatial fragmentation and land use diversity on single-family residential real estate values. Through hedonic price analysis, we estimate the implicit price effects of spatial fragmentation and neighborhood land use diversity in the city of Milwaukee, Wisconsin. Spatial econometric estimates suggest that house prices are negatively impacted by spatial fragmentation at low levels of fragmentation, yet there is a positive price relationship at high levels of fragmentation. The results also suggest that house prices do not share a statistically significant relationship with land use diversity.

引用

页码：16 / 27

页数：12

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