Land Pricing Model: Price Re-evaluation Due to the Erosion and Climate Change Effects
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F20%3A84177" target="_blank" >RIV/60460709:41110/20:84177 - isvavai.cz</a>
Result on the web
<a href="https://online.agris.cz/" target="_blank" >https://online.agris.cz/</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.7160/aol.2020.1204xx." target="_blank" >10.7160/aol.2020.1204xx.</a>
Alternative languages
Result language
angličtina
Original language name
Land Pricing Model: Price Re-evaluation Due to the Erosion and Climate Change Effects
Original language description
The aim of this study is to derive and apply the hedonic approach for determining and updating official land prices with respect to e.g. the impact of climate change that has occurred in the conditions of the Czech Republic in recent years. Pricing using the hedonic method is based on capturing individual factors separately. The evaluated soil ecological unit code consists of a 5-digit numerical code, which expresses the affiliation to the climate region (0-9, see table 1), the main soil unit (0-78), the slope of the land and the orientation to the point of the compass (0-9) and also the depth of the soil profile and skeletality (0-9). The derived hedonic pricing model is estimated using heteroscedasticity corrected estimator. The fitted model shows considerably high explanatory power and together with high parameter significance for majority of dummy variables (soil characteristics) as well as with theoretical and logical consistency represent a tool for new official land price settings in the proc
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
<a href="/en/project/QK1920280" target="_blank" >QK1920280: Innovation of the Evaluated Soil-Ecological Units (BPEJ) for state administration needs.</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
AGRIS on-line Papers in Economics and Informatics
ISSN
1804-1930
e-ISSN
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Volume of the periodical
12
Issue of the periodical within the volume
4
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
11
Pages from-to
111-121
UT code for WoS article
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EID of the result in the Scopus database
2-s2.0-85108170428