IDEAS home Printed from https://ideas.repec.org/a/taf/transr/v40y2020i5p629-645.html
   My bibliography  Save this article

Impacts of rail transit access on land and housing values in China: a quantitative synthesis

Author

Listed:
  • Wenjie Wu
  • Siqi Zheng
  • Bing Wang
  • Minzhe Du

Abstract

Rail transit investment has been viewed as a prominent policy instrument for local and regional development. However, little is known about to what extent the theorised changes in land and housing values arising from rail transit access can be substantiated by evidence in a large developing country context. This paper presents a quantitative review of empirical studies that analysed the impacts of rail transit access on land and housing values in China. We review empirical analyses in 67 studies from 1997 to 2018 for which we encode quantitative results along with a range of theoretically combinations of spatially contextual characteristics, data and methodological-design characteristics. The results show that there are significant variations in the size estimates of effects of rail transit access across studies. Such variations are associated with rail project types, data and methodological designs. Our study provides the insights on what has already been known and what needs to be known on evaluating real estate consequences of rail transit improvements in developing countries.

Suggested Citation

  • Wenjie Wu & Siqi Zheng & Bing Wang & Minzhe Du, 2020. "Impacts of rail transit access on land and housing values in China: a quantitative synthesis," Transport Reviews, Taylor & Francis Journals, vol. 40(5), pages 629-645, July.
    • Handle: RePEc:taf:transr:v:40:y:2020:i:5:p:629-645
    DOI: 10.1080/01441647.2020.1747570
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/01441647.2020.1747570
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/01441647.2020.1747570?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Murakami, Jin & Villani, Caterina & Talamini, Gianni, 2021. "The capital value of pedestrianization in Asia's commercial cityscape: Evidence from office towers and retail streets," Transport Policy, Elsevier, vol. 107(C), pages 72-86.
    2. Yuan, Liang & Fan, Xiaoming, 2023. "As a Chinese saying goes, ‘To get rich, first pave the way’: The opening of high-speed rail and automobile consumption in China," Journal of Retailing and Consumer Services, Elsevier, vol. 73(C).
    3. Nij Tontisirin & Sutee Anantsuksomsri, 2021. "Measuring transit accessibility benefits and their implications on land value capture: a case study of the Bangkok Metropolitan Region," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 67(2), pages 415-449, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:transr:v:40:y:2020:i:5:p:629-645. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TTRV20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.