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The External Effects of Local Attributes on Living Environment in Detached Residential Blocks in Tokyo

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Listed:
  • Xiaolu Gao

    (Department of Urban Engineering, School of Engineering, University of Tokyo. 7-3-1, Hongo, Bunkyo, Tokyo 113-8656, Japan, gaoxl@ua.t.u-tokyo.ac.jp)

  • Yasushi Asami

    (Department of Urban Engineering, School of Engineering, University of Tokyo. 7-3-1, Hongo, Bunkyo, Tokyo 113-8656, Japan, asami@ua.tu-tokyo.acjp)

Abstract

Measuring environment attributes in monetary terms is an effective approach for evaluating living environments and planning. This paper presents a study employing a hedonic pricing model on the externalities of local attributes in detached residential blocks in Tokyo. Results show that a group of local attributes, including both attributes of individual lots and of local districts, exert stable external effects. Moreover, many of these effects are changing with the size of land lot. These findings provide important information for urban planning and design in detached residential blocks. In the paper, the sub-division of land lots, an event arousing much concern in recent years, is analysed and concepts on facilitating local parks are suggested.

Suggested Citation

  • Xiaolu Gao & Yasushi Asami, 2001. "The External Effects of Local Attributes on Living Environment in Detached Residential Blocks in Tokyo," Urban Studies, Urban Studies Journal Limited, vol. 38(3), pages 487-505, March.
  • Handle: RePEc:sae:urbstu:v:38:y:2001:i:3:p:487-505
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    Cited by:

    1. Chihiro Shimizu & Kiyohiko G. Nishimura & Yasushi Asami, 2003. "Measuring the Cost of Imperfect Information in the Tokyo Housing Market," CIRJE F-Series CIRJE-F-238, CIRJE, Faculty of Economics, University of Tokyo.
    2. Nakagawa, Masayuki & Saito, Makoto & Yamaga, Hisaki, 2007. "Earthquake risk and housing rents: Evidence from the Tokyo Metropolitan Area," Regional Science and Urban Economics, Elsevier, vol. 37(1), pages 87-99, January.
    3. Sadayuki, Taisuke, 2018. "Measuring the spatial effect of multiple sites: An application to housing rent and public transportation in Tokyo, Japan," Regional Science and Urban Economics, Elsevier, vol. 70(C), pages 155-173.
    4. Masayuki Nakagawa & Makoto Saito & Hisaki Yamaga, 2009. "Earthquake Risks And Land Prices: Evidence From The Tokyo Metropolitan Area," The Japanese Economic Review, Japanese Economic Association, vol. 60(2), pages 208-222, June.
    5. Taisuke Sadayuki, 2017. "Measuring the spatial effect of multiple sites," RIEEM Discussion Paper Series 1703, Research Institute for Environmental Economics and Management, Waseda University.
    6. Taisuke Sadayuki, 2020. "The externality of a mortality incident within an apartment building: cases of homicide, suicide and fire deaths," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 22(1), pages 21-38, January.

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