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Subcenters, mode choice and transport policies: evidence form Nantes
[Nouvelles centralités, choix modal et politiques de déplacements : le cas nantais]

Author

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  • Rémy Le Boennec

    (LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - IEMN-IAE Nantes - Institut d'Économie et de Management de Nantes - Institut d'Administration des Entreprises - Nantes - UN - Université de Nantes)

  • Florent Sari

    (LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - IEMN-IAE Nantes - Institut d'Économie et de Management de Nantes - Institut d'Administration des Entreprises - Nantes - UN - Université de Nantes)

Abstract

In this paper based on empirical microeconomic choices of households, we use the hedonic pricing method to define the urban form of Nantes Métropole. The number of Central Business Districts (CBDs) should guide the second generation of transport policies in agglomerations subject to the LAURE law (law on air and the rational use of energy). Thus, if improved accessibility is capitalized into residential property values close to public transport, then strengthening the current incentive policy in favor of public transport networks and active modes seems appropriate to continue to limit the negative externalities generated by car trips in urban areas. Conversely, if improved accessibility is capitalized close to major roads, then a more coercive policy can take over in the form of an urban toll: this will generate revenue to subsequently improving the public transport network. In fact, the Spatial Durbin Model (SDM) reveals that Nantes situation matches neither the one nor the other of these patterns. In line with the theoretical background, acting on travel costs would nevertheless lead to a higher demand for centrality by house purchasers. So the major component of the local environmental policy could be a prior land-use policy involving a better control of space consumption at any point of the city, coupled with the potential implementation of an urban toll.

Suggested Citation

  • Rémy Le Boennec & Florent Sari, 2015. "Subcenters, mode choice and transport policies: evidence form Nantes [Nouvelles centralités, choix modal et politiques de déplacements : le cas nantais]," Post-Print hal-01657242, HAL.
  • Handle: RePEc:hal:journl:hal-01657242
    DOI: 10.46298/cst.12146
    Note: View the original document on HAL open archive server: https://hal.science/hal-01657242
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    Cited by:

    1. Dorothée Brécard & Rémy Le Boennec & Frédéric Salladarré, 2018. "Accessibility, local pollution and housing prices. Evidence from Nantes Métropole, France," Economie et Statistique / Economics and Statistics, Institut National de la Statistique et des Etudes Economiques (INSEE), issue 500-501-5, pages 97-115.
    2. Le Boennec, Rémy & Salladarré, Frédéric, 2017. "The impact of air pollution and noise on the real estate market. The case of the 2013 European Green Capital: Nantes, France," Ecological Economics, Elsevier, vol. 138(C), pages 82-89.
    3. Le Boennec, Rémy & Nicolaï, Isabelle & Da Costa, Pascal, 2019. "Assessing 50 innovative mobility offers in low-density areas: A French application using a two-step decision-aid method," Transport Policy, Elsevier, vol. 83(C), pages 13-25.
    4. Rémy Le Boennec & Sterenn Lucas, 2020. "Does a positive density perception increase the probability of living in the ideal housing type? Evidence from the Loire-Atlantique Département in France," Working Papers hal-02441513, HAL.
    5. Isabelle Nicolaï & Rémy Le Boennec, 2018. "Smart mobility providing smart cities," Post-Print halshs-01794612, HAL.

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