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Value capture beyond municipalities: transit-oriented development and inter-city passenger rail investment in China’s Pearl River Delta

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  • Li, Guicai
  • Luan, Xiaofan
  • Yang, Jiawen
  • Lin, Xiongbin

Abstract

Existing research rarely systematically reviews how China has funded or will fund expanding transit systems. We argue that fiscal regulations have shaped how China’s municipal governments plan for and invest in passenger rail services and land development around stations, and that policy reforms are necessary to bring successful transit-oriented development and transit operation for China’s next round of urbanization. Using Pearl River Delta (PRD) as the study case, we review the planning and funding processes for an inter-city passenger rail services, and reveal how a new funding and planning framework has been developed out of pre-existing organizational and legal constraints. The central piece of this innovation is a value capture framework beyond municipal boundaries, which tighten the connection between transit funding and transit-oriented development. The PRD experience has implications for other megaregions in China.

Suggested Citation

  • Li, Guicai & Luan, Xiaofan & Yang, Jiawen & Lin, Xiongbin, 2013. "Value capture beyond municipalities: transit-oriented development and inter-city passenger rail investment in China’s Pearl River Delta," Journal of Transport Geography, Elsevier, vol. 33(C), pages 268-277.
    • Handle: RePEc:eee:jotrge:v:33:y:2013:i:c:p:268-277
    DOI: 10.1016/j.jtrangeo.2013.08.015
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    References listed on IDEAS

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    Cited by:

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    2. Natacha Aveline-Dubach & Guillaume Blandeau, 2019. "The political economy of transit value capture: The changing business model of the MTRC in Hong Kong [L'économie politique de la captation de valeur foncière (Land value capture): le nouveau modèle," Post-Print halshs-02100616, HAL.
    3. Guillaume POUYANNE & Laëtitia GUILHOT & André MEUNIÉ, 2018. "L'usage de l'automobile et la structure spatiale en Chine : le modèle de ville compacte en question," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 48, pages 105-120.
    4. Li, Xijing & Zhang, Mengmeng & Wang, Jionghua, 2022. "The spatio-temporal relationship between land use and population distribution around new intercity railway stations: A case study on the Pearl River Delta region, China," Journal of Transport Geography, Elsevier, vol. 98(C).
    5. Weihang Gong & Jing (Victor) Li & Mee Kam Ng, 2021. "Deciphering Property Development around High-Speed Railway Stations through Land Value Capture: Case Studies in Shenzhen and Hong Kong," Sustainability, MDPI, vol. 13(22), pages 1-16, November.
    6. Eva Nedeliakova & Maria Hudakova & Matej Masar & Lenka Lizbetinova & Renata Stasiak-Betlejewska & Peter Šulko, 2020. "Sustainability of Railway Undertaking Services with Lean Philosophy in Risk Management—Case Study," Sustainability, MDPI, vol. 12(13), pages 1-28, June.
    7. Mu, Rui & de Jong, Martin, 2016. "A network governance approach to transit-oriented development: Integrating urban transport and land use policies in Urumqi, China," Transport Policy, Elsevier, vol. 52(C), pages 55-63.
    8. Xu, Tao & Zhang, Ming & Aditjandra, Paulus T., 2016. "The impact of urban rail transit on commercial property value: New evidence from Wuhan, China," Transportation Research Part A: Policy and Practice, Elsevier, vol. 91(C), pages 223-235.
    9. Abdi, Mohammad Hamed, 2021. "What the newcomers to transit-oriented development are confronted with? Evidence from Iranian policy and planning," Journal of Transport Geography, Elsevier, vol. 92(C).
    10. Natacha Aveline-Dubach & Guillaume Blandeau, 2019. "The political economy of transit value capture: The changing business model of the MTRC in Hong Kong," Urban Studies, Urban Studies Journal Limited, vol. 56(16), pages 3415-3431, December.

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