| dc.description.abstract | This study real estate data selected from January 1,2018, to December 31, 2022, sourced from Taiwan Economic Journal (TEJ) for the past five years. Industrial zone data were obtained from Taiwan Industrial Land Supply and Service Information Network, specifically from the ＂2021 Industrial Zone Management and Development Annual Report.＂ The selected industrial zones for this study include Zhongli Industrial Zone, Guanyin Industrial Zone, Guishan Industrial Zone, Taichung Industrial Zone, Changhua Coastal Industrial Zone, Anping Industrial Zone, Dafa Industrial Zone, Kaohsiung Linhai Industrial Zone, and Linyuan Industrial Zone—totaling nine industrial zones. The study utilizes a Quantum GIS to calculate real estate transaction data within a four-kilometer diameter of industrial zones. Consideration is given to the characteristics and attributes of real estate in setting up the model for this study.
The study employs a logarithmic hedonic price model, utilizing both ordinary regression analysis and quantile regression analysis as the analytical methods. The results from the ordinary analysis indicate that Zhongli Industrial Zone, Guanyin Industrial Zone, Changhua Coastal Industrial Zone, and Kaohsiung Linhai Industrial Zone align with the study′s expectations and are statistically significant. The findings show that as the distance from the industrial zone increases, housing prices also tend to rise. The quantile regression analysis examines the impact of within-two-kilometer dummy variables on housing prices for the four industrial zones that exhibit expected and significant results in ordinary regression analysis. The results indicate that the impact of within-two-kilometer dummy variables on housing prices varies based on the geographical location of different industrial zones within distinct price segments. | en_US |