The aim of this thesis is to compare specific parts of the value systems in Hungary and Taiwan. Although there have been many cultural comparisons between Asia and Europe these are often undertaken with a broad focus such as comparing ¡§east and west.¡¨ The decision to focus the current study on Hungary and Taiwan was made because these two countries have not been included in direct comparisons, meaning that an opportunity to contribute new knowledge is a real possibility. The two countries are different in that while Taiwan is only a third of the size of Hungary, it has nearly two and a half times the population of Hungary. This huge difference in population density contributes to differences in housing values, but the main focus of this study is value differences. This study investigates the Budapest and Kaohsiung housing market using hedonic price functions (HDF) in order to investigate whether hypothesized differences in consumer preferences are reflected in market price data.
Suburbanization is a process that is occurring in Hungary, much as it is throughout the rest of Europe despite the fact that Hungary¡¦s earlier history as part of the communist east block makes the nation slightly different from Western Europe. While this process is based on doing what is necessary to find larger living quarters at an affordable price, similar consumer activity is not typical of Taiwan¡¦s housing market. One characteristic of Hungary that differentiates it from Western Europe is that it has one of the highest percentages of single-family housing in Europe. In contrast, this type of dwelling is very uncommon in Taiwan.
Differences in data availability for the cities involved make precise comparisons difficult, but these difficulties can be partially redressed through the use of hedonic price estimation.
| Identifer | oai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0713109-170257 |
| Date | 13 July 2009 |
| Creators | Kettinger, Zoltan |
| Contributors | Yen-Jong Chen, David Emanuel Andersson, Oliver F. Shyr |
| Publisher | NSYSU |
| Source Sets | NSYSU Electronic Thesis and Dissertation Archive |
| Language | English |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0713109-170257 |
| Rights | restricted, Copyright information available at source archive |
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