농산물 유통 시설 입지가 인근 아파트 가격에 미치는 영향: 청주 도매시장과 대형마트를 중심으로 (The Effect of Agri-Marketing Facilities Location on Nearby Apartment Price: The Case of Agricultural Wholesale Market and Supermarket in Cheongju, Korea)

서지정보

· 발행기관 : 한국농업경제학회
· 수록지 정보 : 농업경제연구 / 61권 / 4호 / 83 ~ 102페이지
· 저자명 : 권지수, 유도일

초록

This study aims to compare the effect of agricultural wholesale market and supermarket location on the price of nearby apartments and to ascertain whether the agricultural wholesale market has the characteristics of an undesirable facility deteriorating the real assets value. If the agricultural wholesale market depreciates the value of real assets, it could hinder its role as a socially essential facility. In order to solve this problem, it is necessary to consider how to adjust the imbalance between benefits and harmful effects. In this study, the hedonic price model is set up as a basic model, and spatial econometrics models are used to consider spatial dependence. Empirical data is composed of apartment prices, apartment characteristics, and location characteristics. The results show that apartment prices are positively affected by area, brand awareness, the number of parking spaces, households, distance to agricultural wholesale market, and adjacency of middle school.
In contrast, apartment prices are negatively affected by elapsed years, distance to supermarket, and adjacency of shopping mall and theaters. Especially, location effects of the agricultural wholesale market are shown to be different from those of the supermarket. The apartment prices are lower for the apartments adjacent to the agricultural wholesale market, but higher for the adjacent to the supermarket. It seems that negative location effect of the agricultural wholesale market dominates its positive effects. The implications of this study are as follows: first, the spatial econometrics models with spatial dependence provide more robust estimation results than the hedonic price model. Second, estimated parameters concerning the location of agri-marketing facilities empirically show the local residents' negative perceptions about agri-marketing facilities. Third, this study is expected to be a reference for selecting the location of the agricultural wholesale market.

영어초록

This study aims to compare the effect of agricultural wholesale market and supermarket location on the price of nearby apartments and to ascertain whether the agricultural wholesale market has the characteristics of an undesirable facility deteriorating the real assets value. If the agricultural wholesale market depreciates the value of real assets, it could hinder its role as a socially essential facility. In order to solve this problem, it is necessary to consider how to adjust the imbalance between benefits and harmful effects. In this study, the hedonic price model is set up as a basic model, and spatial econometrics models are used to consider spatial dependence. Empirical data is composed of apartment prices, apartment characteristics, and location characteristics. The results show that apartment prices are positively affected by area, brand awareness, the number of parking spaces, households, distance to agricultural wholesale market, and adjacency of middle school.
In contrast, apartment prices are negatively affected by elapsed years, distance to supermarket, and adjacency of shopping mall and theaters. Especially, location effects of the agricultural wholesale market are shown to be different from those of the supermarket. The apartment prices are lower for the apartments adjacent to the agricultural wholesale market, but higher for the adjacent to the supermarket. It seems that negative location effect of the agricultural wholesale market dominates its positive effects. The implications of this study are as follows: first, the spatial econometrics models with spatial dependence provide more robust estimation results than the hedonic price model. Second, estimated parameters concerning the location of agri-marketing facilities empirically show the local residents' negative perceptions about agri-marketing facilities. Third, this study is expected to be a reference for selecting the location of the agricultural wholesale market.

참고자료

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