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http://dx.doi.org/10.5762/KAIS.2015.16.11.7690

Influence Analysis of Determinants on Member's Payment in Urban Renewal Project  

Kim, Seong-Hee (Dept. of Urban Information Engineering, Anyang University)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.16, no.11, 2015 , pp. 7690-7697 More about this Journal
Abstract
This study is to reveal structural causal relationship of individual factors influencing association member's substantive payment in the economic view which is a critical factor of project implementation and identify its influence through simulation and actual proof analysis. As the results of analysis, the first, association member's substantive payment is decided to allow for the difference between special price for association members and general price and the profit arising between the time of approval of disposal plan and moving in. The second, on analysis of sensitivity of individual factors influencing association member's substantive payment, floor area ratio applied to project has the biggest influence. Association member's payment is also greatly influenced by the subject of cost allocation for establishing infrastructure in project area. The third, this study set up a structure model based on causal relationship among the factors deciding association member's payment and empirically examined influence and path of influence which the individual factors exercise. The result indicates that control elements and regional characteristic elements influence association member's payment through the medium of plan elements.
Keywords
Indirect Effect; Member's Payment; Special Price for Association Members; Structural Equation Model; Urban Renewal Project;
Citations & Related Records
Times Cited By KSCI : 2  (Citation Analysis)
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