1CBD1[]hedonicpriceanalysismethod[]VonThünen(1826)Alonso(1964)(bid-rentcurve)VonThünenAlonso1964CBDCBDAlonsoCBDCBDAlonsoMuth1969)Mills1972)AtackandMargo(1998)AlonsoCBDCBDaccessibilityGeertmanandRitsemavanEck1995CBD178119701200433haoqianjin@fudan.edu.cn/670214200433jiech@fudan.edu.cn05JJD790003NSF7060100722004MackiewiezandRatajczak,1996CBDCBDAlonsoMok,ChanandCho(1995)Box-CoxCBD(distancegradient)DunseandJones(1998)GlasgowCBDCheshireandSheppard(1995)Cervero2001400m120%23%WeinsteinandClower(2002(Texas)1997200132.1%19.5%12.6%BowesandIhlanfeldt(2001)1997199823512CBD5004300500HaiderandMiller(2000)CBDPior2001GISJobanJoban20907369332.8017.77~24.59Soetal.(1997)24Lancaster1966Rosen1974111(,,,,,,,,,)imnPfXXYYZZu=LLL1iXmYnZ1uCropperetal(1988)11111101iimmnnXYZXYZPeeeeeeuαβϕαβϕα=LLL24235200610621/32110623201927175Alonso28236476391203711160709521623809/m24812/m23809+10037203/m210134/m217167/m21CBDCBD()8.86700.63636.885810.9781CBD16.862413.18561.1757.890.23350.4231010.34200.4745010.32080.4669010.52590.4994010.14150.34860182(,_,_,_,_,,)PfDRokRbuildTgoodTbadSu=3DCBD_Rok_Rbuild_,_TgoodTbadS2u2012345672ln____PDDRokRbuildTgoodTbadSuββββββββ=++++++++4GLSGeneralizedLeastSquareGLS1over-timewithin-groupvarianceCBD242R20.7288GLSR20.7440GLS[xtgls,panels(he)inStata]_Tbad_Tgood-0.7351_Tgood_Tbad_Tgood_RbuildStraszheim,197566D-0.0528-32.23-0.0937(-14.64)-0.0174(-26.00)D20.0005(19.95)0.0020(6.19)0.00003(0.63)9R_ok0.224522.050.2092(15.78)0.2416(11.56)T_good0.195114.690.139(8.75)0.0480(1.34)S0.294222.840.2441(16.37)0.6810(7.14)Constant9.3377420.599.6018(250.34)8.8111(172.25)Waldchi2(4)13232.052904.781118.12Probchi20.00000.00000.0000Loglikelihood-122.9966-64.2404-30.8103SampleSize241214121000Numberofgroups10662441CBD722CBDAlonso6CBD15.283CBD622.45%20.92%CBD24.16%200472006.641019.51%13.9%7CBD5CBD29.42%68.10%6ˆP3ˆˆ/exp()PPβ−2004.72006.6232.17.437CBD8Burgess1925Babcock1932CBDCBDCBDAlonsoCBD112232.127.43CBDCBDCBD[][4]2004..24(3):407-411[5]200230(4)431-436[7]Alonso,W.(1964).LocationandLandUse.Massachusetts:HarvardUniversityPress.[8]AtackJ,Margo,RA.(1998).Location,location,location!Thepricegradientforvacanturbanland:NewYork,1835to1900.JournalofRealEstateFinanceandEconomics,1998(2):151-72.[9]Babcock,F.M.(1932).TheValuationofRealEstate.NewYork:McGraw-Hill.[10]Bowes,D.R.andK.R.Ihlanfeldt(2001).IdentifyingtheImpactsofRailTransitStationsonResidentialPropertyValues.JournalofUrbanEconomics,2001,50(1):1-25.[11]Burnell,J.D.(1985).Industriallanduse,externalities,andresidentiallocation.UrbanStudies,1985,22:5,399-408.[12]Cervero,R.andM.Duncan(2001).RailTransit’sValue-Added:EffectsofProximitytoLightandCommuterRailTransitonCommercialLandValuesinSantaClaraCounty,California.UrbanLandInstituteNationalofAssociationofRealtorsWashington,D.C.June2001.[13]Cheshire,P.andS.Sheppard(1995).OnthePriceofLandandtheValueofAmenities.Economica62:247-67.[14]Cropper,M.L.,L.B.Deck,etal.(1988).OnTheChoiceofFunctionalFormforHedonicPriceFunctions.ReviewofEconomicsandStatistics70(4):668-75.[15]Dunse,N.andJones,C.(1998).AHedonicPriceofOfficeRents.JournalofProperty12ValuationandInvestment,16(3):297-312.[16]Geertman,S.C.M.andRitsema,vanEck,J.R.(1995).GISandmodelsofaccessibilitypotential:anapplicationinplanning.InternationalJournalofgeographicalInformationSystems,9,67-80.[17]Haider,M.andE.J.Miller(2000).EffectsofTransportationInfrastructureandLocationalElementsonResidentialRealEstateValues.ApplicationofSpatialAutoregressiveTechniques.TransportationResearchRecord,2000,1722:1-8.[18]Lancaster,K.J.(1966).Anewapproachtoconsumertheory.JournalofPoliticalEconomy,74:132-157.[19]Mackiewiez,A.andW.Ratajczak.(1996).Towardsanewdefinitionoftopologicalaccessibility.TransportationResearch30(1):47~79.[20]Mills,E.S.(1972).Studiesinthestructureoftheurbaneconomy.Baltimore,MD:TheJohnsHopkinsPress.[21]Muth,R.(1969).CityandHousing:TheSpatialPatternofUrbanResidentialLandUse.UniversityofChicagoPress,Chicago.[22]Mok,H.M.K.,P.P.K.Chan,andY.S.Cho(1995).AhedonicpricemodelforprivatepropertiesinHongKong.JournalofRealEstateFinanceandEconomics10:37-48.[23]Pior,M.Y.andE.Shimizu(2001).GIS-aidedEvaluationSystemforInfrastructureImprovements:FocusingonSimpleHedonicandRosen’sTwo-stepApproaches.Computers,EnvironmentandUrbanSystems,25:223-246.[24]Rosen,S.(1974).HedonicPricesandImplicitMarkets:ProductDifferentiationinPureCompetition.JournalofPoliticalEconomy82(1):34-55.[25]So,H.M.,R.Y.C.Tse,andS.Ganesan(1997).EstimatingtheInfluenceofTransportonHousePrices:EvidencefromHongKong.JournalofPropertyValuationandInvestment,15(1):40-47.[26]Straszheim,M.(1975),AnEconometricAnalysisoftheUrbanHousingMarket,NationalBureauofEconomicResearch,NewYork,NY.,.[27]Thünen,J.H.von(1826).DerIsolierteStaatinBeziehungaufLandwirtschaftundNationalökonomie.Hamburg:Perthes.Englishtranslation:TheIsolatedState.Oxford:PergammonPress(1966).[28]Weinstein