Impact of urban water system treatment on the surrounding residential land price
| Autor: | Ji-wei Zhu, Gang Tang, Ping Lu, Bo Chen, Jian-lin Liu |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
Residential land
010504 meteorology & atmospheric sciences Land management 010501 environmental sciences Urban land 01 natural sciences Agricultural economics Unit (housing) General Earth and Planetary Sciences Environmental science Water resource planning Negative correlation Urban water 0105 earth and related environmental sciences General Environmental Science Land price |
| Zdroj: | Arabian Journal of Geosciences. 11 |
| ISSN: | 1866-7538 1866-7511 |
| Popis: | Land price is the central link in the urban land market movement. Along with socio-economic development, urban land price continuously changes. Therefore, it is critically important to study the impact of urban water system treatment on the residential land price under an “ecological city” development model. A hedonic model was established in which the characteristic variable of distance between land and water system after being treated was used as the metric of the impact of urban water system treatment on the residential land price, with an aim to quantitatively study the influence of urban water system treatment on the residential land price. Results indicated that (1) the urban water system treatment had a positive impact on the residential land price. In addition, the residential land price shows a negative correlation to the distance between land and water system after being treated; (2) for every one-unit increase of distance between land and water system after being treated, the logarithm of residential land unit prices decreases by 0.025, and the residential land unit prices decrease by 2.47%. The findings of this study provide a valuable reference for local water resource planning and land management. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full text from SpringerLink