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    Title: 新北市綠住宅標章與價格分析
    Green Building Label and Price Analysis in New Taipei City
    Authors: 任翔澤
    Ren, Siang-Ze
    Contributors: 胡偉民
    任翔澤
    Ren, Siang-Ze
    Keywords: 綠建築標章
    特徵價格模型
    溢價率
    Green Building Label
    Hedonic Price Model
    Price Premium
    Date: 2021
    Issue Date: 2021-08-04 16:02:14 (UTC+8)
    Abstract: 本文以新北市為例,探討台灣綠建築標章對住宅大樓交易價值的影響,更深入分析 標章等級與九大評分指標中溢價率與申請率存在落差的現象。本研究結合綠建築標章資 料、實價登錄交易資料及內政部地標圖資分析不動產市場的交易,並全面採用文獻中六 種常見之特徵價格模型。估計結果發現,六種特徵價格模型在線性型態以調整後的半對 數轉換模型解釋力最佳;非線性型態以平方 Box-Cox 轉換模型最佳。為了與國內文獻 對話,以半對數模型為例,本研究發現取得綠認證能為住宅大樓帶來 5.6%~7.6%溢價率; 以標章五等級來分析,結果顯示溢價率並未隨等級遞增,且溢價率最低者為銀級標章的 5.33%而同時是建商最傾向取得的等級。為解釋此一現象,本文另針對樣本數相對充裕 的銀級綠住宅樣本,以九大評分指標搭配各指標申請率與指標特徵(屬於外顯或內隱) 來分析,發現「基地保水」指標呈現低溢價率卻擁有高申請率的供需誘因分歧,推測是 該指標的外顯特徵關乎日常使用所需而導致。綜上,本研究認為此供需誘因分歧是導致 銀級標章溢價率低落的重要原因,如果要鼓勵建物提升綠建築等級,除了檢討容積獎勵 政策外,亦可從改變必備指標數量或評分權重分配來達到供需一致。
    This study aims to explore the influence of Taiwan Green Building Label (EEWH) on the transaction value of residential buildings in New Taipei City, and further analyzes the difference between price premium rate and application rate of both rating level and evaluation indicators. Using abundant data to construct the real estate transaction market, including the green building label data, actual transaction price registration data, and the landmark location data. Estimations adopt six common hedonic price models from the literature. Result shows that the semi-log model performed the best in adjusted R2 of linear form; the quadratic Box- Cox model performed the best of non-linear forms. Take the semi-log model as an example, obtaining green certification appears 5.6% to 7.6% premium rate for residential buildings. Further analysis based on the five-rating level, result shows that the premium rate doesn’t increase with the rating level. The lowest premium rate is 5.33% of Silver level, while it’s also the level that builders are most inclined to obtain. To explain this phenomenon, this study estimates nine-evaluation indicators of Silver-level samples, interpreting the result by application rate of each indicator and characteristics of the indicator is either apparently or implicitly. Result shows that the Base-Water Retention indicator appears the split-incentive of supply and demand with a low premium rate but a high application rate. The split-incentive is speculated as a result of the apparent characteristic of this indicator is related to daily needs. In conclusion, this study considers the split-incentive is the main reason that led to the low premium rate of the silver label. Therefore, to encourage buildings to getting higher green building level, it is suggested to change the number of necessary indicators or the distribution of evaluation weights to achieve consistency.
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    Description: 碩士
    國立政治大學
    財政學系
    107255033
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G0107255033
    Data Type: thesis
    DOI: 10.6814/NCCU202100853
    Appears in Collections:[財政學系] 學位論文

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