WEKO3
アイテム
Biases in commercial appraisal-based Property price indexes in Tokyo -Lessons from Japan experience in Bubble period-
https://doi.org/10.18901/00000428
https://doi.org/10.18901/0000042883720a28-f5e2-4aef-b58f-50481958fc74
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
wp48 (920.8 kB)
|
.png)
|
| Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
|---|---|---|---|---|---|---|
| 公開日 | 2014-03-06 | |||||
| タイトル | ||||||
| タイトル | Biases in commercial appraisal-based Property price indexes in Tokyo -Lessons from Japan experience in Bubble period- | |||||
| タイトル | ||||||
| タイトル | Biases in commercial appraisal-based Property price indexes in Tokyo -Lessons from Japan experience in Bubble period- | |||||
| 言語 | en | |||||
| 言語 | ||||||
| 言語 | eng | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Hedonic approach | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Structural change | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Valuation eroor problem | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Smoothing problem | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Client influence problem | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Appraisal based price indexes | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Transaction based price indexes | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Public land prices | |||||
| 資源タイプ | ||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_6501 | |||||
| 資源タイプ | departmental bulletin paper | |||||
| ID登録 | ||||||
| ID登録 | 10.18901/00000428 | |||||
| ID登録タイプ | JaLC | |||||
| 著者名 |
清水, 千弘
× 清水, 千弘× 西村, 清彦× 渡辺, 努 |
|||||
| 著者名（英） |
Shimizu, Chihiro
× Shimizu, Chihiro× Nishimura, Kiyohiko G.× Watanabe, Tsutomu |
|||||
| 抄録 | ||||||
| 内容記述タイプ | Abstract | |||||
| 内容記述 | This paper seeks to investigate the nature and magnitude of the distortion in appraisal land price information according to change in the market, with a special focus on the Government’s Published Land Prices. In Japan, there is an item of land price information, the so-called Koji-Chika (PLPS: Published Land Price Information System), that is a survey of fair market value by qualified appraisers. The valuation error of this land price information was analyzed using the following method. First, hedonic price indexes were constructed based on both actual transaction prices and the Published Land Prices, they were then compared to detect possible distortions in the governmental price information. The possibility of structural change in the Japanese real estate markets was also studied and its effect on price indexes was considered. Analysis of the Tokyo metropolitan area took place between 1975 and 1999. Large and systematic discrepancies between actual transaction prices and the Published Land Prices were identified, which might suggest that there are serious problems with the governmental information system. It is believed that it is necessary to consider this issue in the context of the entire real estate appraisal system in Japan. | |||||
| 書誌情報 |
経済社会総合研究センター Working Paper en : RIPESS Working Paper 巻 48, p. 1-33, 発行日 2012-10-15 |
|||||
| 出版者 | ||||||
| 出版者 | 麗澤大学経済社会総合研究センター | |||||
