IDEAS home Printed from https://ideas.repec.org/p/lre/wpaper/lares_2013_784-1003-1-rv.html
   My bibliography  Save this paper

Transportation System And Land Price: An Investigation About Its Relationship Based On Spatial Analysis

Author

Listed:
  • Cláudia A.Soares Machado
  • Mariana A. Giannotti
  • Juliana A. Kolling
  • Luiz A. Manfré
  • Eunice Barbosa
  • José Alberto Quintanilha

Abstract

Lack of urban accessibility and mobility are transportation systems problems caused, mainly, by the saturation of the road system capacity. This is materialized in terms of congestions, pollution and traffic accidents, threatening the life quality and competitiveness of urban areas, as well as have negatively affected sustainable development. The costs arising from such imperfection of the transportation system (externalities) affect, among other economic sectors, the real estate market. One of the reasons is the absence of planning support tools. In order to fill this gap, this paper aims to investigate geoprocessing tools to land use – land price analysis, through transportation database.The article discusses how the concentration of origins and destinations of urban trips shape land use and influence land price. The study area São Paulo City, a megacity with more than 11 million inhabitants, and the database consists of a thematic map of land use generated through remote sensing satellite imagery classification, data from an Origin / Destination Home-interview Survey held in 2007 by the São Paulo Metropolitan Company (METRÔ - public company responsible for operating the subway trains), São Paulo city highway network, and georeferenced data about the official value of land and edification provided by the Municipality of São Paulo (2010).It is performed a spatial analysis by using origins – destinations data, and is identified the areas with the high number of urban trips, the accessibility and mobility are assessed, and is compared with the land price that the municipality uses in order to calculate fees and taxes. Besides, the socioeconomic aspects of the traffic zones such as number of jobs, number of households, information about the population (average family income, education, gender, age, etc.), amount of school enrollment, and so on, are taken into account in order to characterize the sites regarding to real estate market.

Suggested Citation

  • Cláudia A.Soares Machado & Mariana A. Giannotti & Juliana A. Kolling & Luiz A. Manfré & Eunice Barbosa & José Alberto Quintanilha, 2013. "Transportation System And Land Price: An Investigation About Its Relationship Based On Spatial Analysis," LARES lares_2013_784-1003-1-rv, Latin American Real Estate Society (LARES).
    • Handle: RePEc:lre:wpaper:lares_2013_784-1003-1-rv
    as

    Download full text from publisher

    File URL: https://lares.architexturez.net/doc/lares-2013-784-1003-1-rv
    Download Restriction: no
    File URL: https://lares.architexturez.net/system/files/LARES_2013_784-1003-1-RV.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. John G. Dillard & Todd H. Kuethe & Craig Dobbins & Michael Boehlje & Raymond J. G. M. Florax, 2013. "The Impacts of the Tax-Deferred Exchange Provision on Farm Real Estate Values," Land Economics, University of Wisconsin Press, vol. 89(3), pages 479-489.
    2. Allen, W. Bruce & Liu, Dong & Singer, Scott, 1993. "Accesibility measures of U.S. metropolitan areas," Transportation Research Part B: Methodological, Elsevier, vol. 27(6), pages 439-449, December.
    3. Koster, Hans R.A. & Rouwendal, Jan, 2013. "Agglomeration, commuting costs, and the internal structure of cities," Regional Science and Urban Economics, Elsevier, vol. 43(2), pages 352-366.
    4. Ibeas, Ángel & Cordera, Ruben & dell’Olio, Luigi & Coppola, Pierluigi & Dominguez, Alberto, 2012. "Modelling transport and real-estate values interactions in urban systems," Journal of Transport Geography, Elsevier, vol. 24(C), pages 370-382.
    5. Oliver Shyr & David Emanuel Andersson & Jamie Wang & Taiwei Huang & Olivia Liu, 2013. "Where Do Home Buyers Pay Most for Relative Transit Accessibility? Hong Kong, Taipei and Kaohsiung Compared," Urban Studies, Urban Studies Journal Limited, vol. 50(12), pages 2553-2568, September.
    6. Robert E. Lucas & Esteban Rossi-Hansberg, 2002. "On the Internal Structure of Cities," Econometrica, Econometric Society, vol. 70(4), pages 1445-1476, July.
    7. John Matthews & Geoffrey Turnbull, 2007. "Neighborhood Street Layout and Property Value: The Interaction of Accessibility and Land Use Mix," The Journal of Real Estate Finance and Economics, Springer, vol. 35(2), pages 111-141, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Paolo Veneri, 2018. "Urban spatial structure in OECD cities: Is urban population decentralising or clustering?," Papers in Regional Science, Wiley Blackwell, vol. 97(4), pages 1355-1374, November.
    2. Kantor, Yuval & Rietveld, Piet & van Ommeren, Jos, 2014. "Towards a general theory of mixed zones: The role of congestion," Journal of Urban Economics, Elsevier, vol. 83(C), pages 50-58.
    3. Andrés Domínguez, 2021. "Homicide rates and housing prices in Cali and Bogotá, D. C," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 40(83), pages 643-677, August.
    4. Xu, Shu-Xian & Liu, Tian-Liang & Huang, Hai-Jun & Wang, David Z.W., 2021. "Optimizing the number of employment subcenters to decentralize a congested city," Regional Science and Urban Economics, Elsevier, vol. 90(C).
    5. Mitra, Suman K. & Saphores, Jean-Daniel M., 2016. "The value of transportation accessibility in a least developed country city – The case of Rajshahi City, Bangladesh," Transportation Research Part A: Policy and Practice, Elsevier, vol. 89(C), pages 184-200.
    6. Garrido-da-Silva, Liliana & Castro, Sofia B.S.D. & Correia-da-Silva, João, 2022. "Location of housing and industry around city centre amenities," Regional Science and Urban Economics, Elsevier, vol. 95(C).
    7. Kaida Chen & Hanliang Lin & Lingyun Liao & Yichen Lu & Yen-Jong Chen & Zehua Lin & Linxi Teng & Aifang Weng & Tianqi Fu, 2022. "Nonlinear Rail Accessibility and Road Spatial Pattern Effects on House Prices," Sustainability, MDPI, vol. 14(8), pages 1-24, April.
    8. Gerard H Dericks & Hans R A Koster, 2021. "The billion pound drop: the Blitz and agglomeration economies in London [The economics of density: evidence from the Berlin wall]," Journal of Economic Geography, Oxford University Press, vol. 21(6), pages 869-897.
    9. Du, Rui & Zheng, Siqi, 2020. "Agglomeration, housing affordability, and new firm formation: The role of subway network," Journal of Housing Economics, Elsevier, vol. 48(C).
    10. Grover,Arti & Lall,Somik V., 2016. "Jobs in the city : explaining urban spatial structure in Kampala," Policy Research Working Paper Series 7655, The World Bank.
    11. Fei Li & Christopher Kajetan Wyczalkowski, 2023. "How buses alleviate unemployment and poverty: Lessons from a natural experiment in Clayton County, GA," Urban Studies, Urban Studies Journal Limited, vol. 60(13), pages 2632-2650, October.
    12. Paulo B. Brito, 2022. "The dynamics of growth and distribution in a spatially heterogeneous world," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 21(3), pages 311-350, September.
    13. Stephan Heblich & Stephen J Redding & Daniel M Sturm, 2020. "The Making of the Modern Metropolis: Evidence from London," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(4), pages 2059-2133.
    14. Hirte, Georg & Tscharaktschiew, Stefan, 2018. "The impact of anti-congestion policies and the role of labor-supply margins," CEPIE Working Papers 04/18, Technische Universität Dresden, Center of Public and International Economics (CEPIE).
    15. Pierre M. Picard & Takatoshi Tabuchi, 2010. "City with forward and backward linkages," Working Papers 2010/34, Institut d'Economia de Barcelona (IEB).
    16. Stephen J. Redding, 2010. "The Empirics Of New Economic Geography," Journal of Regional Science, Wiley Blackwell, vol. 50(1), pages 297-311, February.
    17. Rutger-Jan Lange & Coen N. Teulings, 2021. "The option value of vacant land: Don't build when demand for housing is booming," Tinbergen Institute Discussion Papers 21-022/IV, Tinbergen Institute.
    18. Gabriel M. Ahlfeldt & Stephen J. Redding & Daniel M. Sturm & Nikolaus Wolf, 2015. "The Economics of Density: Evidence From the Berlin Wall," Econometrica, Econometric Society, vol. 83, pages 2127-2189, November.
    19. Cartenì, Armando & Pariota, Luigi & Henke, Ilaria, 2017. "Hedonic value of high-speed rail services: Quantitative analysis of the students’ domestic tourist attractiveness of the main Italian cities," Transportation Research Part A: Policy and Practice, Elsevier, vol. 100(C), pages 348-365.
    20. Stephen J. Redding & Esteban Rossi-Hansberg, 2017. "Quantitative Spatial Economics," Annual Review of Economics, Annual Reviews, vol. 9(1), pages 21-58, September.

    More about this item

    Keywords

    land use / land price; satellite imagery; spatial analysis; transportation system; urban origins and destinations;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    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:lre:wpaper:lares_2013_784-1003-1-rv. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/laresea.html .

    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.