dc.description.abstract | This paper discusses the impact of amendment for regulations of building farmhouses on agricultural land in Yilan County and through the Amendment that were built after Sep 4, 2015 to repair agricultural land and the Hedonic Price Method was used to analyze the impact of these characteristics on the price of agricultural land and building land.
The research time of this paper is from 2012 Q4 to 2018 Q3, includes the north part of Lanyang river : Toucheng Township, Jiaoxi Township, Yilan City, Yuanshan Township, Zhuangwei Township and the south part of Lanyang river:Luodong Town, Suao Town, Sanxing Township, Wujie Township and Dongshan Township agricultural land price and building land prices were used as the research targets. Research on variable include transfer land area, land using region, amendment for regulations of building farmhouses on agricultural land, distance from station, distance from highway., etc.
The Hedonic Price Method is employed to conduct the empirical analysis. The results of the analysis show that “Amendment for regulations of building farmhouses on agricultural land” has significant negative impacts on the price of agricultural land; “Amendment for regulations of building farmhouses on agricultural land” has no impacts on the price of building land. The transfer land area has significant positive impacts on the price of agricultural land and building land. The land using region is classified as a general agricultural area have significant negative impacts on the price of agricultural land. Besides, different impacts and results on the north part of Lanyang river and the South part of Lanyang river due to different geographical conditions.
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