ABSTRACT This study estimates hedonic house price models for an inland city of Seoul and a coastal city of Pusan using spatial regression with successful bidding price data of court auction during the period from January 2006 to December 2014. Among hedonic attributes such as floor area, building age, total floor level, living floor level, direction of the window of the living room, proximity to natural environment, scenic views and others employed in this study, our main focus is on scenic views. As a result of our empirical analysis, the most preferred view turns out to be a water-related view such as a broad river view in Seoul or an ocean view in Pusan. A mountain view, affecting negatively in a coastal city like Pusan which is adjacent to the beautiful ocean, has positive influence in Seoul, since it is an inland city with no ocean in sight with only a river running across the heart of the city which is surrounded by mountains serving as its boundary. While a building view in Seoul has negative effect on the price, it affects positively in Pusan.

中文翻译：

---

韩国内陆与沿海城市风景名胜价值的比较研究

摘要本研究使用空间回归和2006年1月至2014年12月期间法院拍卖的成功竞标价格数据，估算了首尔内陆城市和釜山沿海城市的享乐价格模型。享乐属性包括建筑面积，建筑物年龄，总楼层数，起居楼层，起居室窗户的方向，与自然环境的接近程度，风景和本研究中使用的其他因素，我们主要关注风景。根据我们的经验分析，最首选的视图是与水有关的视图，例如首尔的宽阔河景或釜山的海景。在与美丽的海洋相邻的釜山这样的沿海城市，山景受到负面影响，在首尔产生了积极影响，因为它是一个内陆城市，看不到海洋，只有一条河流横穿城市的心脏，四周被群山所包围。虽然首尔的建筑景观对价格有负面影响，但在釜山却有正面影响。