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The Impact of Government Development Policy on Land Investment and Land Price: Evidences from Linyi (토지개발 및 토지가격에 대해서 정부 개발 정책의 영향 린이시 중심으로)

  • Zhong, Shengyang;Zheng, Ziyang;Liu, Zhao
    • The Journal of the Korea Contents Association
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    • v.21 no.12
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    • pp.337-347
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    • 2021
  • Land is key natural resource that Chinese government actually owns. Real estate and land development have played an important part in China's urban development and economic development. The Chinese local governments' land development policies can mainly be characterized as the establishment of economic development zones and the development of new towns. Given the great importance of these measures, we can expect that these policies can generate noticeable impacts on land development and land price. However, little research has explored these impacts empirically. Using the data collected from land development projects of three districts in Linyi city-old town, new town, economic development zone, this paper attempts to investigate the impact of government development policy on land development and land price. This research chooses investment amount and land price as dependent variables. The multiple regression results demonstrate that the local government's land Development policies can affect land investment size and land price significantly. As we have noticed, the target of government development policy is to make use of urban land resources more scientifically and efficiently. Based on my empirical analysis, some useful insights can be provided for improving our understanding concerning the effects of these government land development policies.

History of Land Registration and Small House Policies in the New Territories of the Hong Kong Special Administrative Region, the People's Republic of China

  • Fung, Philip Sing-Sang;Lee, Almond Sze-Mun
    • Land and Housing Review
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    • v.5 no.1
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    • pp.53-56
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    • 2014
  • Hong Kong, a well-known metropolis characterized by skyscrapers on both sides of the Victoria Harbour, consists mainly of 3 parts, namely the Hong Kong Island, the Kowloon peninsula and the New Territories (N.T.) which is the land area north of Kowloon plus a number of outlying islands. Located in the N.T. are all the new towns, market towns; and in the plains and valleys lie scattered village houses of not more than 3 storeys within the confines of well-defined village. These village houses are governed by a rural housing policy that could be traced back to the very beginning of the former British administration in the N.T. By the Convention of Peking of 1898, the N.T., comprising the massive land area north of Kowloon up to Shenzhen River and 235 islands, was leased to Britain by China for 99 years from 1st July 1898. Soon after occupation, the colonial government conducted a survey of this uncharted territory from 1899 to 1903, and set up a land court to facilitate all land registration work and to resolve disputed claims. By 1905, the Block Crown Leases with Schedule of Lessees and details of the lots, each with a copy of the lot index plan (Demarcation Plan) were executed. Based on the above, Crown rent rolls were prepared for record and rent collection purposes. All grants of land thereafter are known as New Grant lots. After completion and execution of the Block Crown Lease in 1905, N.T. villagers had to purchase village house lots by means of Restricted Village Auctions; and Building Licences were issued to convert private agricultural land for building purposes but gradually replaced by Land Exchanges (i.e. to surrender agricultural land for the re-grant of building land) from the early 1960's until introduction of the current Small House Policy in October 1972. It was not until the current New Territories Small House Policy came into effect in December 1972 that the Land Authority can make direct grant of government land or approve the conversion of self-owned agricultural land to allow indigenous villagers to build houses within the village environs under concessionary terms. Such houses are currently restricted to 700 square feet in area and three storeys with a maximum height of 27 feet. An indigenous villager is a male descendent of a villager who was the resident of a recognized village already existing in 1898. Each villager is only allowed one concessionary grant in his lifetime. Upon return of Hong Kong to the People's Republic of China on July 1st, 1997, the traditional rights of indigenous villagers are protected under Article 40 of the Basic Law (a mini-constitution of the Hong Kong Special Administrative Region). Also all N.T. leases have been extended for 50 years up to 2047. Owing to the escalating demand and spiral landed property prices in recent years, abuse of the N.T. Small House Policy has been reported in some areas and is a concern in some quarters. The Hong Kong Institute of Land Administration attempts to study the history that leads to the current rural housing policy in the New Territories with particular emphasis on the small house policy, hoping that some light can be shed on the "way forward" for such a controversial policy.

Economic Self-Sufficiency Criteria for New Town Planning by Network Characteristics (도시네트워크 특성에 따른 신도시 경제적 자족성 기준 연구)

  • Song, Young-Il;Rhim, Joo-Ho
    • Land and Housing Review
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    • v.7 no.4
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    • pp.251-259
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    • 2016
  • As the spatial structure of a region is evolving into a decentralized multi-nucli model, networked connection among cities in a region is emerging as an important issue to strengthen regional competitiveness. This paper focused on the limitation of current new town planning criteria which just suggest a uniform standard for economic self-sufficiency by new-town size, without representing the network characteristics of new town. If a new town is planned as a economic strongpoint within a region, it needs to secure appropriate industrial functions. This study classified the characteristics of new towns by network analysis and reviewed the economic self-sufficiency criteria by new town types. Using various network connectedness indices, the 1st and 2nd round new towns in the capital region were analyzed, and land-use distribution of new-towns in other countries were also examined comparatively. The network characteristics of new towns are classified as three types: mono-nucleus, distributed center, and dependent. Based on this classification, planning criteria for self-sufficiency were compared among 6 new towns. This study provides implications for the amendment of "the sustainable new town planning criteria" or the revision of development plans.

A Study on Space Recognition Change of the High School Students according to Geographic Information Quantities - Focused on Factors Influencing the Land Value - (지리 정보량에 따른 고등학생의 공간 인식 변화에 대한 연구 - 지가 형성 요인을 중심으로 -)

  • Shin, Yeong-Jae
    • Journal of the Korean association of regional geographers
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    • v.17 no.4
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    • pp.443-458
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    • 2011
  • The purpose of this study is to research space recognition change of the high school students according to geographic information quantities, focused on Factors Influencing the Land Value. The region of case study was some places of Songtan Special Tourism Zone, which responding students were unfamiliar with. The results are as follows. First, through the results of analysing 'the highest valued standard land and choice reasons' in two ㄴregions of the old town and the new town, it is perceived that the relative factor of land is more important than the absolute factor as the factors influencing the land value of the highest valued standard land. Second, there are students' recognition differences in the choice reasons of the highest valued standard land of two regions which have different characteristics. Third, though in the same region, recognitions about factors influencing the land value change according to geographic information quantities, and as students' knowledge about geographic information increases, the choice rate of the highest valued standard land increases. Lastly, it is perceived that there is a facility which has a decisive effect on formating the land value of a certain region.

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Changes of Land-Use Policy in Rural China (1980년대 후반 이후 중국 농촌 토지제도의 변화)

  • Moon, Soon-Cheol
    • Journal of the Korean Geographical Society
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    • v.31 no.3
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    • pp.558-576
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    • 1996
  • Since 1978. China has progressed her reforms of her economy. In this process, refroms in rual area have been operated with top priority. The system of collective economy had been changed into that of private economy. Rural farming and land-use system had been changed also. The household responsibility system took the place of a People's Commune. That was the system that could inspire farm-household with a will to work, and hence, increase the productivity of agriculture. However, with the developement of market mechanism in the later 1980s, that system got inadequate to new situation. For instance, incentives of a will to work slowly decreased, agricultural productivity did not increase, and labor forces were tremendously transferred to non-agricultural sector. This situation created the demand for a new system of rural land policy and use. This paper intends to describe changes of new system of land use in rual China. Those changes are as follows. 1. The system of land-circulation has been spread widely. 2. 'Liangtianzhi' (the system of two kind land-use) divided the land into two kinds, 'kouliangtian' (the land of food) and 'zerentian' (the land of obligation). The one is allocated in proportion to the per capita, and to support farm-household' and function, the other is allocated in proportion to the labor force, in order to increase the commercial function of land. 4. 'Guimojingying' (management of scale): For overcomint the disadvantage of dispersal of land, the relative concentration of land was required. 4. 'Gufenzhi' (a joint-stock system) is practised for the purpose of establishing clear-cut lines of land ownership. 5. 'Sihuangpaimai' (auction the use right of four kinds of wasteland) is for full-using of the wasteland. It can be apprehended that these systems and policies were the process of adaption to market mechanism. In these, rural China could escape form the disorder due to rapid changes, and overcome the existing contradiction.

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A Growth Strategies as a Global Complex Resort: Focusing on Kangwon Land (글로벌 복합리조트로의 성장전략에 관한 연구: 강원랜드를 중심으로)

  • Lee, Jae-Seok;Kim, Ki-Ho;Yi, Chang-Gi
    • Asia-Pacific Journal of Business
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    • v.9 no.3
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    • pp.83-100
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    • 2018
  • The purpose of this study is to establish the identity of Kangwon Land as an integrated resort and to suggest the future directions for sustainability. In addition, we will explore strategies for revitalizing the local economy and promoting local coexistence by diagnosing social awareness in order to coexist with the local economy. We examined the internal and external environment of Kangwon Land and investigated regional awareness and win-win strategies for Kangwon Land. Also, we analyzed various strategies and business activities that Kangwon Land is carrying out. In order for Kangwon Land to pursue sustainable growth as a global complex resort, it needs to establish (1) new trend management generating new demand that reflects global trends, (2) strategies to build regional tourism clusters, (3) a global network through global investment and partnership, (4) various CSR and regional cooperation strategies, and (5) CI(Corporate Image) improvement strategies.

The Design Criteria for the Model Development of the New-hanok Type Public buildings - Focused on Expert Opinion Surveys -

  • Park, Joon-Young;Bae, Kang-Won;Kim, So Young;Jung, Kyung-Yoon
    • KIEAE Journal
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    • v.16 no.1
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    • pp.37-45
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    • 2016
  • Purpose: According to the characteristic of hanok public building, Planning criterion of structure, technology, efficiency, design is needed which can includes various type of new-hanok type public buildings. In this paper, we collect expert opinions to be used as a basis for developing models of New-hanok type Public Buildings. Method: This study was conducted in Research Study and expert surveys. The Part of reviewing Study looked at conception of new-hanok type public buildings model development and overview planning criterion set briefly. Expert surveys were targeted to professors and architects who are related in new-hanok type public buildings model development research. Result: In this study, we suggest improvement direction about planning criterion of new-hanok type public buildings model development based on opinions collected by expert surveys. In conclusion, first, In concept and legal status, it is necessary to adjust clearly than the term and legal status of new-hanok type. Second, various applicability is needed by using new materials and new construction method at the part of planning elements. Third, 'composed structure-convergence type' and 'composed structure-juxtaposed type' should be clearly classified or combined at the part of Setting of type. Forth, improvement on heat insulation, soundproof, waterproof efficiency is demanded to roof, wall, window systems. Fifth, arranging revitalization plan is important.

Estimating Optimal Potential Surface for Spatial Expansion of Built-up Area by Formulating WSM-AHP Method (WSM-AHP법의 정식화를 통한 주거지 확산 지역의 최적 잠재력 표면의 추정)

  • Kim, Dae-Sik
    • Journal of The Korean Society of Agricultural Engineers
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    • v.50 no.3
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    • pp.91-104
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    • 2008
  • This study developed the WSM (weighted scenario method)-AHP method that can optimize the weighting value for multi-criteria to make GIS grid-based potential surface. The potential surface has been used to simulate urban expansion using distributed cellular automata model and to generate land-use planning as basic data. This study formulated the WSM-AHP method in mathematically and applied to test region, Suwon city, which located on south area from Seoul. WSM-AHP method generates potential map for each pair of weighting value for all criteria, which one criterion is weighted with high weighting value and the others use low weighting value, considering that the summation for all criteria weighting values should be "1". The potential change rate to the step of weighted scenario for weighting value of criteria is standardized like AHP intensity matrix in this study. From the standard potential change rate, WSM-AHP intensity matrix is completed, and then the optimal weighting value is calculated from the maximum eigenvector of the WSM-AHP matrix, according to the new WSM-AHP method developed in this study. The applied results of new method showed that the optimal weighting value from WSM-AHP is more resonable than the general AHP specialists' evaluation for weighting value. The another new finding of this study is to suggest the deterministic approach to optimize the weighting value for the distributed CA model, which is used to find new city area and to generate rational land-use planning.

The Type setting and Application of the New-hanok type Public Buildings - Focused on Cases were completed after 2000 -

  • Park, Joon-Young;Kwon, Hyuck-Sam;Cheong, So-Yi;Bae, Kang-Won
    • KIEAE Journal
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    • v.15 no.5
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    • pp.47-57
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    • 2015
  • Purpose: The purpose of this study is to set the type of 'the New-hanok type Public Buildings' through a case study for the hanok public buildings completed after 2000 years, and to analyze planned properties of the type. This is significant Establishing legal status of 'the New-hanok type Public Buildings' and seeing review of application possibilities of the type for providing a systematic government support measures of 'the New-hanok type public buildings' when models developing future. Method: Method of research is the first to examine the current laws and established the definition and legal status of 'the New-hanok type Public Buildings'. Followed by Setting the type classification criteria as to classify the type of 'the New-hanok type public buildings' and research architectural overview of selected cases by Literature, Internet searches, etc. After systematizing of the types classification of analysis cases, Characteristics of the type of the building structure looks catch classify in spatial structure, function, beauty. Finally, review application possibilities of the type for systematic government support measures establish when models developing of 'the New-hanok type Public Buildings' through a comprehensive analysis. Result: Selected cases were categorized as 3 types according by structural standard based on the core concept of 'the New-hanok type Public Buildings' set in this study. This can be divided into 'Wooden Structure type' and 'Composite structure - Convergence type' and 'Composite structure - juxtaposed type', 'Wooden Structure type' was re-classified by divided into '(1)Traditional Korean Wooden Structure' and '(2)Laminated Wood Wooden Structure'.

Land Tenure Reform and Its Implication for the Forest. Case Study from Oromia Regional State of Ethiopia

  • Mohammed, Abrar Juhar;Inoue, Makoto
    • Journal of Forest and Environmental Science
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    • v.30 no.4
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    • pp.393-404
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    • 2014
  • With consideration of proximate and intricate relationships among rural livelihood, farm land and forestry; this paper examined impact of land tenure reform on local peoples' forest dependency by taking Ethiopia as case study. The post 1975 major land tenure reform and associated activities such as land distribution and forest demarcation were found to be short of minimizing pressure on the forest as has been evidenced by percentage of new households established inside the forest and current level of dependency on the forest. With most of recently established households all making up the poor and very poor categories, together with overall of household composition which is dominated by dependent members coupled by current land tenure system that tie farmers with their land, future dependency on the already diminished forest seems to increase unabated. Reconsidering the existing land tenure system backed by policy for livelihood diversification, improvement in rural education and awareness on demographic issues can minimize future dependency on the forest.