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        인천 송도경제자유구역의 아파트 가격변화가 연수구 아파트 가격에 미치는 영향분석

        김천권(Kim, Cheon Kwuan),박택준(Park, Taek Jun) 韓國不動産學會 2011 不動産學報 Vol.44 No.-

        1. CONTENTS (1) RESEARCH OBJECTIVES The main purpose of this paper is to estimate the effect of apartment price in Songdo Economic Free Zone (SEFZ) on the price of apartment in Yeonsoo-Gu Incheon, at the aggregate level. (2) RESEARCH METHOD To analyze the effect of apartment price in SEFZ on the price of apartment in Yeonsoo-Gu, graphic, correlation and regression techniques are used. Empirical analysis was performed to measure the change in apartment price of Yeonsoo Gu, using regression models with three independent variables; apartment price of SEFZ, Incheon business index and MB(Myung Bak Lee) regime dummy. (3) RESEARCH FINDINGS Our empirical research shows that there is a time lag of 11 months to meet the peak effect in change of apartment price in SEFZ on the change in apartment price in Yeonsoo area. Also, research indicates that the local market condition strongly influences the performance of local real estate market while the coefficient of the MB regime dummy shows a positive (+) sign. 2. RESULTS The research result shows that there is a co-movement in apartment prices between Yeonsoo-Gu and Songdo Economic Free Zone and the apartment price in SEFZ spills over across Yeonsoo area.

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