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Subject

Analysis of the Rent Determinant of the Closed School by Heckman Sample Selection Model
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헤크만의 표본선택모형을 이용한 폐교 임대료 결정요인 분석

논문 기본 정보

Type
Academic journal
Author
Younmin Ko (건국대학교) Yeonjae Lee (건국대학교) Myunghyun Kim (건국대학교)
Journal
한국부동산원 Journal of Real Estate Analysis Vol.9 No.3 KCI Accredited Journals
Published
2023.11
Pages
37 - 54 (18page)

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Result
Analysis of the Rent Determinant of the Closed School by Heckman Sample Selection Model
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Abstract· Keywords

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The purpose of this study is to analyze the rental rates of the closed school, focusing on contracting by negotiation. Previous studies on closed schools have focused on usage history or policy improvements, but research on rental rates has yet to be sufficiently addressed. Using whole population data on closed schools consisting of currently rented and not-yet-utilized as of March 1, 2022, provided by the Ministry of Education, this study empirically analyzed both the rental status and rental rates of closed schools. The study used a two stage Heckman model with the rental status and the natural logarithm of the rental rate as two dependent variables and school, location, and contract characteristics as key independent variables. The study finds that contracting by negotiation has a negative effect on closed school rental rates. This study provides a new perspective on rental rates for space users and new ideas for establishing a re-utilization plan for the government. Furthermore, by examining the factors that influence the rental status, this study suggests more effective ways to promote the utilization of closed schools.

Contents

Abstract
Ⅰ. 서론
Ⅱ. 선행연구 고찰
Ⅲ. 실증모형
Ⅳ. 실증분석
Ⅴ. 결론
참고문헌
국문초록

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