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Spatial effects of urban rail upgrades

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  • Grimes, Arthur
  • Young, Chris

Abstract

We examine spatial impacts of major upgrades to an existing urban passenger rail service. The upgrades, to Auckland’s Western Line, were announced in 2005. Anticipated benefits of upgrades should be factored into people’s location and pricing decisions following announcement. Using a difference-in-difference regression approach coupled with a repeat-sales methodology, we test the hypotheses that house prices appreciated following the announcement and that the degree of appreciation reflected proximity to rail stations. We also test whether a specific transport-related urban redevelopment affected house price appreciation. We find statistically significant rises in values of houses located near stations upon announcement of the upgrades, with spatially non-linear effects reflecting both positive and negative amenity impacts.

Suggested Citation

  • Grimes, Arthur & Young, Chris, 2013. "Spatial effects of urban rail upgrades," Journal of Transport Geography, Elsevier, vol. 30(C), pages 1-6.
    • Handle: RePEc:eee:jotrge:v:30:y:2013:i:c:p:1-6
    DOI: 10.1016/j.jtrangeo.2013.02.003
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    Cited by:

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    6. Filippova, Olga & Sheng, Mingyue, 2020. "Impact of bus rapid transit on residential property prices in Auckland, New Zealand," Journal of Transport Geography, Elsevier, vol. 86(C).
    7. He, Sylvia Y., 2020. "Regional impact of rail network accessibility on residential property price: Modelling spatial heterogeneous capitalisation effects in Hong Kong," Transportation Research Part A: Policy and Practice, Elsevier, vol. 135(C), pages 244-263.
    8. Fesselmeyer, Eric & Liu, Haoming, 2016. "How Do Users Value a Network Expansion? Evidence from the Public Transit System in Singapore," IZA Discussion Papers 10142, Institute of Labor Economics (IZA).
    9. Arthur Grimes & Eyal Apatov & Larissa Lutchman & Anna Robinson, 2014. "Infrastructure’s Long-Lived Impact on Urban Development: Theory and Empirics," Working Papers 14_11, Motu Economic and Public Policy Research.
    10. Billy Southern, 2023. "The impact of a rail network on socioeconomic inclusion: A ward-level analysis of Liverpool," Local Economy, London South Bank University, vol. 38(3), pages 199-225, May.
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    13. Kay, Andrew I. & Noland, Robert B. & DiPetrillo, Stephanie, 2014. "Residential property valuations near transit stations with transit-oriented development," Journal of Transport Geography, Elsevier, vol. 39(C), pages 131-140.
    14. Liang, Cong & Huang, Yaoxuan & Yip, Tsz Leung & Li, Victor Jing, 2022. "Does rail transit development gentrify neighborhoods? Evidence from Hong Kong," Transportation Research Part A: Policy and Practice, Elsevier, vol. 155(C), pages 354-372.
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    17. Fesselmeyer, Eric & Liu, Haoming, 2018. "How much do users value a network expansion? Evidence from the public transit system in Singapore," Regional Science and Urban Economics, Elsevier, vol. 71(C), pages 46-61.
    18. D’Arcangelo, Filippo Maria & Percoco, Marco, 2015. "Housing rent and road pricing in Milan: Evidence from a geographical discontinuity approach," Transport Policy, Elsevier, vol. 44(C), pages 108-116.
    19. Comber, Sam & Arribas-Bel, Dani, 2017. "“Waiting on the train”: The anticipatory (causal) effects of Crossrail in Ealing," Journal of Transport Geography, Elsevier, vol. 64(C), pages 13-22.

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