Abstract
This research analyzed the effect of a basic environmental facility siting on the difference in land prices using a case study of Jisan sewage disposal plant in Daegu metropolitan city. To do so, two buffer zones were generated around Jisan sewage disposal plant to 400m at an interval of 200m as a setback distance and 822 officially announced individual land prices were acquired from Korea Ministry of Land, Infrastructure and Transport(MOLIT). Paired samples t-test was performed to compare the mean difference in land prices before and after Jisan sewage disposal plant siting. Results show that the mean land price from each buffer zone was slightly increased after the siting and the difference was statistically significant. Also, the results indicate that the mean land price within 200m was lower than that between 200m and 400m before the siting while there was not different in the mean land price for both buffer zones after the siting. Because Jisan sewage disposal plant did not have a stench and a larger capacity and its surrounding areas were blended by commercial and residential uses, a sewage disposal plant siting had little effect on the fall in land prices unlike previous studies. The findings from this research will provide new reference data for local government and local people with conflicting views on the siting of a basic environmental facility
Translated title of the contribution | The Impact of a Basic Environmental Facility Siting on Land Prices: A Case of Sewage Disposal Plant |
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Original language | Korean |
Pages (from-to) | 170-180 |
Journal | Journal of the Korean Association of Geographic Information Studies |
Volume | 20 |
Issue number | 3 |
DOIs | |
State | Published - 30 Sep 2017 |
Keywords
- Basic Environmental Facility
- Undesirable Facility
- Land Price
- Sewage Disposal Plant