Analysis of the correlation between socio-economic development and land prices – a study of the Zagnańsk municipality
The aim of the paper was to analyse the correlation between socio-economic development and the prices of undeveloped real estate, as illustrated with the example of the Zagnańsk municipality (Silesia province, Kielce district). The level of the municipality’s socio-economic development was evaluated...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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University of Agriculture in Krakow
2018-05-01
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| Series: | Acta Scientiarum Polonorum. Formatio Circumiectus |
| Subjects: | |
| Online Access: | http://www.formatiocircumiectus.actapol.net/pub/17_2_87.pdf |
| _version_ | 1826911390947868672 |
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| author | Barbara Prus Karol Król Karolina Chrobot |
| author_facet | Barbara Prus Karol Król Karolina Chrobot |
| author_sort | Barbara Prus |
| collection | DOAJ |
| description | The aim of the paper was to analyse the correlation between socio-economic development and the prices of undeveloped real estate, as illustrated with the example of the Zagnańsk municipality (Silesia province, Kielce district). The level of the municipality’s socio-economic development was evaluated using the zero unitarization method, by means of the normalization of 12 diagnostic variables. The analysis of unit prices of properties was performed on the basis of data from the register of property prices and values, obtained from the District Office (Starostwo Powiatowe) in Kielce. Classification of administrative units was performed using the typology method. In order to determine the correlation between the level of development, and the prices of property as well as features that describe the surveyed object, Pearson’s correlation coefficient (also referred to as Pearson’s r) was applied. It was demonstrated that improving the conditions of socio-economic development significantly affects the increase in the prices of undeveloped land. |
| first_indexed | 2024-12-13T12:41:19Z |
| format | Article |
| id | doaj.art-53667fbfe5aa46a1abad8a9203198bb0 |
| institution | Directory Open Access Journal |
| issn | 1644-0765 |
| language | English |
| last_indexed | 2025-02-17T10:13:58Z |
| publishDate | 2018-05-01 |
| publisher | University of Agriculture in Krakow |
| record_format | Article |
| series | Acta Scientiarum Polonorum. Formatio Circumiectus |
| spelling | doaj.art-53667fbfe5aa46a1abad8a9203198bb02025-01-02T00:31:46ZengUniversity of Agriculture in KrakowActa Scientiarum Polonorum. Formatio Circumiectus1644-07652018-05-01172879410.15576/ASP.FC/2018.17.2.87Analysis of the correlation between socio-economic development and land prices – a study of the Zagnańsk municipalityBarbara Prus0Karol Król1Karolina Chrobot2Faculty of Environmental Engineering and Land Surveying, University of Agriculture in KrakowFaculty of Environmental Engineering and Land Surveying, University of Agriculture in KrakowFaculty of Environmental Engineering and Land Surveying, University of Agriculture in KrakowThe aim of the paper was to analyse the correlation between socio-economic development and the prices of undeveloped real estate, as illustrated with the example of the Zagnańsk municipality (Silesia province, Kielce district). The level of the municipality’s socio-economic development was evaluated using the zero unitarization method, by means of the normalization of 12 diagnostic variables. The analysis of unit prices of properties was performed on the basis of data from the register of property prices and values, obtained from the District Office (Starostwo Powiatowe) in Kielce. Classification of administrative units was performed using the typology method. In order to determine the correlation between the level of development, and the prices of property as well as features that describe the surveyed object, Pearson’s correlation coefficient (also referred to as Pearson’s r) was applied. It was demonstrated that improving the conditions of socio-economic development significantly affects the increase in the prices of undeveloped land.http://www.formatiocircumiectus.actapol.net/pub/17_2_87.pdfsocio-economic developmentreal estate marketland propertycorrelation analysistypology |
| spellingShingle | Barbara Prus Karol Król Karolina Chrobot Analysis of the correlation between socio-economic development and land prices – a study of the Zagnańsk municipality Acta Scientiarum Polonorum. Formatio Circumiectus socio-economic development real estate market land property correlation analysis typology |
| title | Analysis of the correlation between socio-economic development and land prices – a study of the Zagnańsk municipality |
| title_full | Analysis of the correlation between socio-economic development and land prices – a study of the Zagnańsk municipality |
| title_fullStr | Analysis of the correlation between socio-economic development and land prices – a study of the Zagnańsk municipality |
| title_full_unstemmed | Analysis of the correlation between socio-economic development and land prices – a study of the Zagnańsk municipality |
| title_short | Analysis of the correlation between socio-economic development and land prices – a study of the Zagnańsk municipality |
| title_sort | analysis of the correlation between socio economic development and land prices a study of the zagnansk municipality |
| topic | socio-economic development real estate market land property correlation analysis typology |
| url | http://www.formatiocircumiectus.actapol.net/pub/17_2_87.pdf |
| work_keys_str_mv | AT barbaraprus analysisofthecorrelationbetweensocioeconomicdevelopmentandlandpricesastudyofthezagnanskmunicipality AT karolkrol analysisofthecorrelationbetweensocioeconomicdevelopmentandlandpricesastudyofthezagnanskmunicipality AT karolinachrobot analysisofthecorrelationbetweensocioeconomicdevelopmentandlandpricesastudyofthezagnanskmunicipality |