Jump to Main Content
Schools, land markets and spatial effects
- Dong, Guanpeng, Wu, Wenjie
- Land use policy 2016 v.59 pp. 366-374
- elementary schools, markets, middle schools, models, prices, universities, China
- This paper uses a spatial modeling approach to explore the capitalisation effect of proximity to schools on land markets. The results suggest that adjacency to primary schools leads to considerable price premiums but there are no significant effects on middle schools and universities. The results also provide some reassurance that spatial simulations offer a useful representation of localised variations in values attached to proximity to schools in Beijing, China.