Accessibility to Center Business District and Land Price

Suparmono Suparmono
Journal article Economic Journal of Emerging Markets • 2012 Indonesia

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(English, 10 pages)

Abstract

This paper models land price for housing in Sleman district. It uses a multiple regression model to estimate the land price based on various variables. It finds six variables that influence the land price, namely the land width, width of the nearest road, width of the nearest main road, distance to the nearest main road, distance to Yogyakarta ring road, and the travel time to Gadjah Mada University campus. It also finds four insignificant variables, namely distance to Malioboro road, distance to Gadjah Mada University campus, travel time to Yogyakarta ring road, and travel time to Malioboro.

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Journal

Economic Journal of Emerging Markets

Economic Journal of Emerging Markets (EJEM) is an open access, peer-reviewed economic journal tha... see more