earticle

영어

This study investigates the effect of commercial district ratio on the price of mercantile shops in the case of twenty eight Seoul metropolitan residential land development sites (RLDS). The research method is four types of multiple regression, namely linear, semi-log, inverse semi-log, and log-log model. The dependant variable is the demanding price per square meter of a mercantile shop for sale. The sample analyzed is three thousand and eighty units of shop. Among all models, the log-log one appears to be most persuasive. The facts found through it are summed up as follows; Firstly, the price of a mercantile shop comes 1) under negative influence of its own size (SIZE), the public district ratio (PDR) in the RLDS which it belongs to, the commercial district ratio (CDR), the neighbourhood utility district ratio (NUDR), the time elapsed (TE) since the completion of the RLDS development, and the distance of the RLDS from Kang-Nam Gu, Seoul (DK), 2) under positive influence of the stories number of the building (SNB) which it belongs to and the whole land size (WLS) of the RLDS, and 3) under positive or negative influence of the direction of the RLDS from Seoul City Hall and the floor which it belongs to. Secondly, judging by variable groups, the one most influent to the price of a mercantile shop proves to be the variables concerning to the shop's own characteristics, and the one secondly influent is confirmed to be the variables related with the RLDS' features, and the variable group concerned with the land use pattern of RLDS turns out to have relatively weak effect on the price. Thirdly, nevertheless, among the variables concerned with the land use pattern, the commercial district ratio (CDR) appears to exercise statistically very significant influence over the price.