The Many Dimensions of Historic Preservation Value: National and Local Designation, Internal and External Policy Effects
The Many Dimensions of Historic Preservation Value: National and Local Designation, Internal and External Policy Effects
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历史保护价值的多个维度：国家和地方指定、内部和外部政策影响
DOI：
10.1080/09599916.2017.1362027
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发表时间：
2017
影响因子：
1.9
通讯作者：
Tetsuharu Oba and Douglas S. Noonan
中科院分区：
文献类型：
--
作者：
兵頭周作;石垣文;角倉英明;市古太郎;大庭哲治;市古太郎;大庭哲治;市古太郎;市古太郎;大庭哲治;藤澤美恵子;Tetsuharu Oba and Douglas S. Noonan
这项分析研究了国家和地方历史保护登记方案的内部和外部政策影响。稳健的特征定价模型对于政策建议和理解房地产市场与城市遗产的关系至关重要。估计一个重复销售的享乐模型与邻里的趋势和空间混合模型，新颖的文献，提供了一个显着的改善，共同确定内部和外部的政策影响，比较国家和地方的指定，分离政策遗产的影响和估计模型的空间依赖性和趋势的享乐价格。历史指定变量，而往往是单独的模型中微不足道的，总是在解释不同的升值率联合显着。当地地区在模型中没有表现出一致的价格影响。位于国家区域内会带来价格溢价，随着时间的推移，首选型号规格会增加，而在指定后，国家区域的缓冲区价格会下降。模型规格的结果的敏感性提出了问题的替代方法的空间依赖性的数据在城市历史保护方面。历史街区的指定对物业营业额和翻新投资的影响的证据也进行了检查。
This analysis examines the internal and external policy effects of national and local register programmes for historic preservation. Robust hedonic pricing models are crucial to informing policy proposals and understanding how property markets relate to urban heritage. Estimating a repeat-sales hedonic model with neighbourhood trends and spatial mixed models, novel to this literature, offers a marked improvement in terms of jointly identifying internal and external policy effects, comparing national and local designations, separating policy from heritage effects and estimating models robust to spatial dependence and trends in hedonic prices. Historic designation variables, while often individually insignificant in the model, are always jointly significant in explaining varying appreciation rates. Local districts exhibit no consistent price impacts across the models. Being located inside a national district confers a price premium that increases over time in the preferred model specification, while prices fall in national districts’ buffers after designation. The sensitivity of results to model specification raises questions about alternative approaches to spatial dependence in the data in the urban historic preservation context. Evidence of the influence of historic district designation on property turnover and renovation investments is also examined.