Volume / Issue
Journal of architecture and plannin Volume11, 2
Article An Impact Analysis of Housing Prices from the Taiwan High Speed Rail System Opening-an Example of Hs
Author Chich-Ping Hu

The great public construction project has promoted private industrial activities persistently to bring out great fervor in real estate investments since 2007 when Taiwan High Speed Rail was managed regularly in 2007.  Housing is a indispensible good as well as heterogeneious good which includes implicit attributes can be capitalized into real estate’s price.  The results demonstrate: first, the event of HsinChu station management has found to positively influence on real estate price within its area whose marginal price is 299 thousand new Taiwan dollars under significance level; second, under significance level, relative attributes such as house age, distance from HsinChu Station, and distance from HsinChu County sport park are negatively correlated; relative attributes such as house weight, floor area, and the shortest distance from local petrol station are positively correlated with housing price.

Keywords Taiwan High Speed Rail; Real Estate Investments; Heterogeneious; Hedonic Price.
Pages pp. 77-88

Adelman, I., and Griliches, Z., 1961, “On the Index of Quality Change”, Journal of the American Statistical Association, 56, 535-548.

Andersson, D. E., Shyr, O. F., and Fu, J., 2010, “Does High-Speed Rail Accessibility Influence Residential Property Prices? Hedonic Estimates from Southern Taiwan”, Journal of Transport Geography, 18(1), 166-174.

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Chang, C. E., 1995, A Study of the Housing Price Index in Taiwan, Commissioned research report of the Council for Economic Planning and Development, Executive Yuan, unpublished.

Court, A. T., 1939, “Hedonic Price Indexes with Automotive Examples”, in The Dynamics of Automobile Demand, New York: Routledge,148-174.

Goodman, Allen C., 1978, “Hedonic Prices, Price Indices and Housing Markets”, Journal of Urban Economics, 5(Oct.), 471-484.

Lancaster, K. J., 1966, “A New Approach to Consumer Theory”, The Journal of Political Economy, 74(2), 132-157.

Li, Y. T., 2005, An Assessment of the Effects of Transit-Oriented Development Strategies on Housing Price in Taipei MRT Station Areas, Master thesis, Institute of Urban Planning, National Cheng Kung University.

Nakamura, H, and Ueda, T., 1989, “The Impacts of the Shinkansen on Regional Development”, in The Fifth World Conference on Transport Research, Yokohama, 1989, III, Western Periodicals, Ventura, California.

Tse, Raymond, Y. C., 2000, “Estimating Neighborhood Effects in House Prices: towards a New Hedonic Model Approach”, Urban Studies, 39(7), 1165-1180.

Tseng, C. W., 2006, The Comparisons of Different Transportation Infrastructures Impacts on Property Price:Empirical Studies of Metro Nangang Line and Civic Boulevard in Taipei City, Master thesis, Graduate Institute of Urban Planning, National Taipei University.

Vickerman, R., 1997, “High-speed Rail in Europe: Experience and Issues for Future Development”, The Annals of Regional Science, 31(1) 21-38.

Wang, Y. I., 2006, The Analysis of Influence Factors in the Land Use Changes along Metro line—An Empirical Study of the Metro Blue Line, Master thesis, Institute of Traffic and Transportation, National Chiao Tung University.

Yang, T. H., 1995, The Research of Housing Price Index, Master thesis, Department of Land Economics, National Chengchi University.

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Journal of architecture and plannin Volume11, 2
Article The Operational Problems of the Transaction Cost Approach: Lessons from Institutional Efficiency in
Author Hai Feng Hu

In the evaluation of institutional efficiencies, one of the focuses of the literature has always been on comparing transaction costs. However, the transaction cost approach has not been easy to implement. By using examples based on a comparison of the efficiencies of two land use conversion systems, this paper argues that transaction costs should take market participants into consideration both “collectively” and “individually”. From the perspective of all individuals together, the transaction cost approach must first be based on the Marshall Efficiency criterion, so that we can judge institutional efficiency by calculating the change in the overall surplus. From the perspective of each individual, we cannot ignore the premise of catallactics, by which exchanges are processes based on voluntary agreement among persons. If we do, we might draw a wrong conclusion because of a logical error. In addition, in considering that individuals are subjects of economic behavior and that transaction costs are subjective and in turn difficult to measure, efficiency should not be compared simply by measuring the transaction fees involved in an institution. In other words, even though the idea of a transaction cost approach seems to be clear and promising, it is not operational in judging the efficiency of an institution.

Keywords efficiency; transaction cost; land use conversion
Pages pp. 89-110

Buchanan, J. M., 1969, Cost and Choice: An Inquiry in Economics Theory, Chicago: University of Chicago Press.

Buchanan, J. M., 1986, Liberty, Market and State, New York: New York University Press.

Chang, C., 1991, Modern Property Rights Economics, Shanghai: Joint Publishing.

Chang, C.H., Hsu, C. T., Liu, Y. C., and Wu, T. M., 1998, Economics, Taipei: Hanlu Publishing Co. Ltd..

Chen, C. J., 2009, “A Discussion of the Effectiveness of Real Estate Information Systems from the Perspective of Transaction Costs: A Case Study of Public Sector Information Systems”, Land Issues Research Quarterly, 8 (4): 84-90.

Chen, C. Y., 2010, “The Changing Conception of Public Goods and Urban Governance--From Neo-classical to New Institutional Economics”, Journal of Geographical Science, 58: 65-88.

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De Pinto, A. and Nelson, G. C., 2009, “Land Use Change with Explicit Data: A Dynamic Approach,” Environmental and Resource Economics, 43(2): 209-229.

Edited by Urban and Housing Development Department, Council for Economic Planning and Development, Executive Yuan, 2003, Operating Manuals for Land Use Conversion, Taipei: Council for Economic Planning and Development, Executive Yuan.

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Ghoshal, S. and Moran, P., 1996, “Bad for practice: a critique of transaction cost theory,” Academy of Management Review, 21(1): 13-47.

Hastings, E.M. and Adams, D., 2005, “Facilitating Urban Renewal: Changing Institutional Arrangements and Land Assembly in Hong Kong,” Property Management, 23(2): 110-121.

Henger, R. and Bizer, K., 2010, “Tradable Planning Permits for Land-Use Control in Germany,” Land Use Policy, 27(3):843-852.

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Hsia, T. P., 1991, The Ultimate Foundation of Economic Science, Taipei: Yuan-Liou Publishing Co. Ltd. Original work: Mises, L. E., 1962, The Ultimate Foundation of Economic Science: An Essay on Method, Princeton, New Jersey: Van Nostrand.

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Hsieh, T. L., Huang, Y. H., Chen, Y. P., and Cheng, L. P., 1995, The Fatal Conceit, Taipei: Yuan-Liou Publishing Co. Ltd. Original work: Hayek, F.A., 1992, The Fatal Conceit, Chicago: University of Chicago Press.

Hsiung, P. Y., 2003, Xiong Ping-yuan: Walking Through the Law, Taipei: China Times Publishing Company.

Hsu, C. H., Chang, L., and Lin, W. C., 2001, Economics,Taipei: Wun Ching Publishign Group. Original work: Parkin, M., 2000, Economics, 5th ed, US: Pearson Education, Inc.

Hsu, P. H., 2006, “Transaction Costs, Power Imbalance and Political Process-An Analysis of Environmental Dispute of Industrial Park in Taiwan”, Journal of Building and Planning, 13: 17-32.

Hu, H. F. and Chang, T. C., 2008, “The Efficiency of Land Use Conversion,” in the Lauren C. H. and Susan M. O. (eds), Local sustainable Urban Development in a Globalized World, England: Ashgate Publishing Limited, 77-92.

Hu, H. F., 2003, “Government's Land Use Conversion Policy: A Property Right Perspective”, The Chinese Public Administration Review, 13 (1): 57-96.

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Lai, T. Y., 1997, A Study of the Feedback Methods for Land Use Conversion, Taipei: National Joint Association of Construction Investment Association and Trade Association of Taiwan, R.O.C..

Lin, H. P., and Chen, C. W., 1999, “The Analysis and Estimation of Transaction Costs-The Experience from a Simulation of Negotiation”, Journal of Housing Studies, 8: 21-46.

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Tseng, C. M., 2008, “The Impact of Spatial Externalities, Transaction Costs, and Land Readjustment on Residential Land Prices - Evidence from Tainan City”, Journal of Housing Studies, 17 (1): 23-50.

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Wu, T. C., 2003, “A Study on the Impact of Land Use Development Control on the Decision-making of Land Development”, Journal of Planning, 30: 1-14.

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Journal of architecture and plannin Volume11, 2
Article Using buoyancy ventilation strategy to improve indoor thermal environment and ventilation performanc
Author Yin-Hao Chiu, Yu-Ze Tai, Meng-Fang Wu

According to the Green Building Labeling System in Taiwan, energy saving is the most important factor among the four aspects of evaluations including ecology, energy saving, healthy and waste reduction.  This indicates the importance of indoor environment.  Taiwan is located at subtropical climate.  There are approximately 4 months of a year when the outdoor temperature is lower than the indoor temperature.  This advantage can be used to adapt the thermal comfort indoors and improve the indoor quality.  For the building without air conditioning, natural ventilation is very good strategy.  If natural ventilation strategy can be properly designed, it can not only decrease the dependence of air conditioning but also reduce the energy use.  In order to correctly design naturally ventilated building, design tool is needed for instance wind tunnel, math model, computational fluid dynamics (CFD)…etc.  Compared to others, CFD is the tool commonly used in many fields.  The reason why CFD is popular is the rapid development of computer engineering.  The use of CFD technology can predict the air flow pattern, temperature stratification…etc.  Thus, due to the CFD calculation, the opening size and location can be determined for increasing the comfort condition of a building.  Data obtained from the CFD can be referred at the design stage.  The investigation mainly aims to analyse the indoor physical environment by means of CFD in order to determine the passive design strategy.  General findings of the study show that high wind speed can provide better air change rate whatever the indoor flux and air opening conditions.  The high air change rate can efficiently reduce the indoor temperature and improve the indoor environment.  Under the same wind speed, the air change rate is depended on the heat flux of a room which depicts that buoyancy ventilation can be a useful strategy.

Keywords Computational fluid dynamics, Natural ventilation, Passive design, Air change rate
Pages pp. 111-136

Chen, Y. C., 2008, Wind Tunnel Experiments of Wind-driven Ventilation, Master thesis, Department of Civil Engineering, National Central University.

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Liu, P. C., 2007, Evaluation of Buoyancy-Driven Ventilation in Atrium Buildings Using Computational Fluid Dynamics and Reduced-scale Air Model, Master thesis, Tainan: Department of Architecture, National Cheng Kong University.

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Yang, L. T., 2005, A study on the influence of Box-Windows on Natural Ventilation--CFD Simulation of the Elementary school classroom building, Master thesis, Taipei: Department of Architecture, National Taiwan University of Science and Technology.

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Journal of architecture and plannin Volume11, 2
Article A simple metheod to evaluate trading area space structure of downtown business district based on exc
Author Kan-Chung Huang

It seems that pedestrian excursion behavior is not well recognized in downtown business districts. “Distance and allocation between attractors” and “effects of major axis, secondary axis, and building passage”, which related to the problems of relationship between facilities allocation and pedestrian excursion are extraordinarily unclear. This study adopted follow-up-pedestrian survey to collect data, Commeraial Zone of Kaohsiung City as a research field, and the pedestrian trip collected from 594 group samples, total 1330 pedestrians, were used to decide “basic scale unit”. Furthermore, excursion areas are modeled and classified to display pedestrians’ excursion situation and structure of street space, and construction strategy at empirical area could be provided. This study found that the major component to form a excursion unit is the existence of a core area. Consequently, constructions to core areas are more important than that to street networks, which include major axis, secondary axis and building passage. This study also found that major axis with high pedestrian rate can not certainly form a excursion unit without secondary axis.

Keywords space structure of trading area, pedestrian trip, core area, excursion unit, Shiinkuchan.
Pages pp. 137-159

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