Spatial Resilience In Healthcare: Examining The Nexus Between Medical Resource Diversity and Real Estate Patterns

Yu-An Yang and Tony ShunTe Yuo

ERES from European Real Estate Society (ERES)

Abstract: Resilience, defined as the ability of a system or community to rapidly adapt, recover, and maintain functionality in the face of stress, disasters, or changes, holds paramount significance in the healthcare domain. This study explores the application of resilience concepts to fortify the healthcare system's capacity to address diverse challenges and crises. The research focuses on the intricate interplay among medical resource diversity, population distribution, and real estate dynamics, delving into the spatial patterns of healthcare configurations.Medical resource diversity, encompassing various healthcare institutions and specialties, plays a crucial role in meeting diverse healthcare needs. Often considered an indicator of urban development, medical resources are reflected in the capitalization of real estate. Employing an integrative methodology involving multi-stage spatial data mining and a two-stage floating catchment area approach, this research evaluates the current spatial proximity of overall medical resources in vertical healthcare supply and medical specialties. The study, based on distinct population structures, assesses developmental disparities and current distributions of medical resources across regions, ensuring rational resource allocation.To provide a comprehensive understanding, the study emphasizes the impact of healthcare configurations on real estate dynamics. It employs multi-scale geographically weighted regression analysis to examine how medical resource diversity, spatial distribution, and proximity influence real estate prices in nearby communities. The discussion underscores the intricate relationships between healthcare configurations and real estate dynamics, providing valuable insights for optimizing resource allocation, enhancing community well-being, and understanding the broader capitalization implications.This research is funded by the Ministry of Science and Technology 111-2410-H-305 -055 -MY2

Keywords: Hierarchical healthcare facilities; Medical Resource Accessibility; Population Structure; Real Estate Market (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2024-01-01
New Economics Papers: this item is included in nep-ure
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