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Impact of Transmilenio on density, land use, and land value in Bogotá

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  • Bocarejo, Juan Pablo
  • Portilla, Ingrid
  • Pérez, Maria Angélica

Abstract

While urban sprawl has been the general growth pattern in most developing cities worldwide, the city of Bogotá has undergone a process of densification in specific areas in the past decade. Using a differences-in-differences methodology, we have shown that the bus rapid transit (BRT) network, Transmilenio, built in this period is one of the variables that account for this higher density. Areas served by Transmilenio, especially those in the periphery that have been provided with feeder bus routes, have a higher growth than zones without access to this system. Using a similar methodology for assessing the growth of newly built areas, we have not found a clear relation between the BRT and recent evolution of residential, commercial, or work areas. However, recent scientific literature confirms an impact of the BRT on land value.

Suggested Citation

  • Bocarejo, Juan Pablo & Portilla, Ingrid & Pérez, Maria Angélica, 2013. "Impact of Transmilenio on density, land use, and land value in Bogotá," Research in Transportation Economics, Elsevier, vol. 40(1), pages 78-86.
    • Handle: RePEc:eee:retrec:v:40:y:2013:i:1:p:78-86
    DOI: 10.1016/j.retrec.2012.06.030
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    7. Qing Shen & Simin Xu & Jiang Lin, 2018. "Effects of bus transit-oriented development (BTOD) on single-family property value in Seattle metropolitan area," Urban Studies, Urban Studies Journal Limited, vol. 55(13), pages 2960-2979, October.
    8. Guzman, Luis A. & Escobar, Francisco & Peña, Javier & Cardona, Rafael, 2020. "A cellular automata-based land-use model as an integrated spatial decision support system for urban planning in developing cities: The case of the Bogotá region," Land Use Policy, Elsevier, vol. 92(C).
    9. Beaudoin, Justin & Tyndall, Justin, 2023. "The effect of bus rapid transit on local home prices," Research in Transportation Economics, Elsevier, vol. 102(C).
    10. Combs, Tabitha S. & Rodríguez, Daniel A., 2014. "Joint impacts of Bus Rapid Transit and urban form on vehicle ownership: New evidence from a quasi-longitudinal analysis in Bogotá, Colombia," Transportation Research Part A: Policy and Practice, Elsevier, vol. 69(C), pages 272-285.
    11. Svitlana Pyrohova & Jiafei Hu & Jonathan Corcoran, 2023. "Urban land use transitions: Examining change over 19 years using sequence analysis. The case of South-East Queensland, Australia," Environment and Planning B, , vol. 50(9), pages 2579-2593, November.
    12. Lionjanga, Nahungu & Venter, Christo, 2018. "Does public transport accessibility enhance subjective well-being? A study of the City of Johannesburg," Research in Transportation Economics, Elsevier, vol. 69(C), pages 523-535.
    13. Cervero, Robert B., 2013. "Linking urban transport and land use in developing countries," The Journal of Transport and Land Use, Center for Transportation Studies, University of Minnesota, vol. 6(1), pages 7-24.
    14. Oviedo Hernandez, Daniel & Dávila, Julio D., 2016. "Transport, urban development and the peripheral poor in Colombia — Placing splintering urbanism in the context of transport networks," Journal of Transport Geography, Elsevier, vol. 51(C), pages 180-192.
    15. Lindau, Luis Antonio & Hidalgo, Dario & de Almeida Lobo, Adriana, 2014. "Barriers to planning and implementing Bus Rapid Transit systems," Research in Transportation Economics, Elsevier, vol. 48(C), pages 9-15.
    16. Patricia Yañez-Pagans & Daniel Martinez & Oscar A. Mitnik & Lynn Scholl & Antonia Vazquez, 2019. "Urban transport systems in Latin America and the Caribbean: lessons and challenges," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 28(1), pages 1-25, December.
    17. Isabel K. Parés-Ramos & Nora L. Álvarez-Berríos & T. Mitchell Aide, 2013. "Mapping Urbanization Dynamics in Major Cities of Colombia, Ecuador, Perú, and Bolivia Using Night-Time Satellite Imagery," Land, MDPI, vol. 2(1), pages 1-23, February.
    18. Yang, Linchuan & Chu, Xiaoling & Gou, Zhonghua & Yang, Hongtai & Lu, Yi & Huang, Wencheng, 2020. "Accessibility and proximity effects of bus rapid transit on housing prices: Heterogeneity across price quantiles and space," Journal of Transport Geography, Elsevier, vol. 88(C).
    19. Ernesto López-Morales & Claudia Sanhueza & Sebastián Espinoza & Felipe Ordenes & Hernán Orozco, 2019. "Rent gap formation due to public infrastructure and planning policies: An analysis of Greater Santiago, Chile, 2008–2011," Environment and Planning A, , vol. 51(7), pages 1536-1557, October.
    20. Gao, Huina, 2019. "Public land leasing, public productive spending and economic growth in Chinese cities," Land Use Policy, Elsevier, vol. 88(C).
    21. Cervero, Robert & Dai, Danielle, 2014. "BRT TOD: Leveraging transit oriented development with bus rapid transit investments," Transport Policy, Elsevier, vol. 36(C), pages 127-138.
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    23. Merlin, Louis A. & Singer, Matan & Levine, Jonathan, 2021. "Influences on transit ridership and transit accessibility in US urban areas," Transportation Research Part A: Policy and Practice, Elsevier, vol. 150(C), pages 63-73.

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