Public Perceptions of Earthquake Risk and the Impact on Land Pricing: The Case of the Uemachi Fault Line in Japan
Public Perceptions of Earthquake Risk and the Impact on Land Pricing: The Case of the Uemachi Fault Line in Japan
复制标题
公众对地震风险的认知及其对土地定价的影响:以日本上町断层线为例
DOI:
10.1111/jere.12173
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发表时间:
2018
期刊:
影响因子:
--
通讯作者:
Yamaga Hisaki
中科院分区:
文献类型:
--
作者:
Gu Tao;Nakagawa Masayuki;Saito Makoto;Yamaga Hisaki
In this paper, we explore how land pricing reflects public perceptions of earthquake risk using officially appraised prices of land situated along the Uemachi fault, which lies on a north–south axis in the east of Japan’s Osaka Prefecture. We reveal that land pricing along this fault has only incorporated fault-driven earthquake risk since residents and policy-makers first realized its potential following damage to the southern part of Hyogo Prefecture in a January 1995 earthquake along the Rokko—Awaji fault (an event now known as the Hanshin—Awaji earthquake). We find evidence of a discount of 20% in nonresidential land prices for every kilometre closer to the Uemachi fault line since the Hanshin—Awaji earthquake.
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DOI:
10.2139/ssrn.1850671
发表时间:
2012-06
期刊:
Urban Research eJournal
影响因子:
--
作者:
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通讯作者:
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DOI:
10.4116/jaqua.39.375
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2000
期刊:
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DOI:
--
发表时间:
2006
期刊:
Journal of Property Investment & Finance 24(2)
影响因子:
--
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