Multi-Peaked Urban Land Values: City of Akron Case

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dc.creator Dutt, Ashok K. en_US
dc.creator Khan, Abdullah Al-Mamun en_US 2006-07-07T02:00:42Z 2006-07-07T02:00:42Z 1982-06 en_US
dc.identifier.citation The Ohio Journal of Science. v82, n3 (June, 1982), 114-119 en_US
dc.identifier.issn 0030-0950 en_US
dc.description Author Institution: Department of Geography and Urban Studies, University Akron en_US
dc.description.abstract Using 1977 data for the City of Akron, this paper examines the spatial relationships between assessed land value and selected variables, including distance from the Central Business District (CBD). A simple correlation analysis demonstrates a very weak inverse relationship between land value and distance. The inverse relationship between commercial land value and distance is only relatively stronger than other relationships, while in the case of residential land value, the relationship is positive. The results from a stepwise multiple regression also suggest that distance from CBD cannot predict urban land value. Land use category, intensity of use, and lot size were identified as important variables influencing land value, but not strong predictors. While analyzing the residuals from regression, the study demonstrated marked regional differences in the relationships and confirmed them through separate sectoral analysis. Suburbanization and the development of multiple centers led to significant changes in the distance — land value relationship, producing a multi-peaked land value surface with higher residential land values in the periphery. en_US
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dc.language.iso en_US
dc.title Multi-Peaked Urban Land Values: City of Akron Case en_US