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이상용 ( Lee Sang-yong ),서채영 ( Seo Chae-young ) 한국지역사회발전학회 2021 地域社會開發硏究 Vol.46 No.1
The construction of Sejong City was carried out as a measure to secure the balanced development of the land and national competitiveness. The change in the spatial structure of Sejong City due to the dispersion of national administration is having an effect on the living space. In this study, in order to evaluate the influence on apartment sale price using regional characteristic variables, regional characteristics such as transaction volume, number of moving-in buyers, and consumer price index were considered, and regional characteristics were analyzed through interest rates and money supply of economic variables. As a result of the Granger causal relationship analysis, the apartment sale price in Sejong is affected by the transaction volume and the consumer price index. This can identify factors that are closely related to the formation of apartment prices in terms of the consumer price, which reflects transaction volume and psychological indices in regional characteristics. Result of Shock Response As a result of the shock response of Sejong City, transaction volume, consumer price index, interest rate, and money supply have a positive (+) effect on the initial apartment sale price, and have a continuous influence thereafter. However, the number of electrons has a negative (-) effect. In the case of Sejong City, it is necessary to conduct a study that separates real residents and investors, and it is necessary to improve predictability through continuous research on apartment prices.
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