A HEDONIC ANALYSIS OF LAND PRICES IN YAMANASHI PREFECTURE, JAPAN
- 1 September 1997
- journal article
- Published by Wiley in Review of Urban & Regional Development Studies
- Vol. 9 (2) , 146-158
- https://doi.org/10.1111/j.1467-940x.1997.tb00102.x
Abstract
This paper presents a hedonic analysis of residential land prices in Yamanashi Prefecture for the period 1985–1995. The main purpose is to divide Yamanashi Prefecture (including selected attached areas) into Tokyo‐influenced and Kofu‐influenced areas. This was accomplished by finding the minimum sum of squared residuals following two hedonic regressions. One regression uses access to Tokyo Station, the other access to Kofu Station. We find that the Tokyo‐influenced area expanded during the period studied.Keywords
This publication has 2 references indexed in Scilit:
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- An Analysis of TransformationsJournal of the Royal Statistical Society Series B: Statistical Methodology, 1964