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Accessibility Changes and Urban House Price Appreciation: A Constrained Optimization Approach to Determining Distance Effects

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  • Smersh, Greg T.
  • Smith, Marc T.

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  • Smersh, Greg T. & Smith, Marc T., 2000. "Accessibility Changes and Urban House Price Appreciation: A Constrained Optimization Approach to Determining Distance Effects," Journal of Housing Economics, Elsevier, vol. 9(3), pages 187-196, September.
    • Handle: RePEc:eee:jhouse:v:9:y:2000:i:3:p:187-196
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    1. Bradford Case & Henry O. Pollakowski & Susan M. Wachter, 1991. "On Choosing Among House Price Index Methodologies," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 19(3), pages 286-307, September.
    2. Case, Karl E & Shiller, Robert J, 1989. "The Efficiency of the Market for Single-Family Homes," American Economic Review, American Economic Association, vol. 79(1), pages 125-137, March.
    3. Archer*, Wayne R. & Gatzlaff+, Dean H. & Ling*, David C., 1996. "Measuring the Importance of Location in House Price Appreciation," Journal of Urban Economics, Elsevier, vol. 40(3), pages 334-353, November.
    4. Crone, Theodore M. & Voith, Richard P., 1992. "Estimating house price appreciation: A comparison of methods," Journal of Housing Economics, Elsevier, vol. 2(4), pages 324-338, December.
    5. Richard Voith, 1991. "Transportation, Sorting and House Values," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 19(2), pages 117-137, June.
    6. Gatzlaff Dean H. & Ling David C., 1994. "Measuring Changes in Local House Prices: An Empirical Investigation of Alternative Methodologies," Journal of Urban Economics, Elsevier, vol. 35(2), pages 221-244, March.
    7. Dean H. Gatzlaff & Marc T. Smith, 1993. "The Impact of the Miami Metrorail on the Value of Residences near Station Locations," Land Economics, University of Wisconsin Press, vol. 69(1), pages 54-66.
    8. Gatzlaff, Dean H & Haurin, Donald R, 1997. "Sample Selection Bias and Repeat-Sales Index Estimates," The Journal of Real Estate Finance and Economics, Springer, vol. 14(1-2), pages 33-50, Jan.-Marc.
    9. Wang, Ferdinand T. & Zorn, Peter M., 1997. "Estimating House Price Growth with Repeat Sales Data: What's the Aim of the Game?," Journal of Housing Economics, Elsevier, vol. 6(2), pages 93-118, June.
    10. Meese, Richard A & Wallace, Nancy E, 1997. "The Construction of Residential Housing Price Indices: A Comparison of Repeat-Sales, Hedonic-Regression and Hybrid Approaches," The Journal of Real Estate Finance and Economics, Springer, vol. 14(1-2), pages 51-73, Jan.-Marc.
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    2. Haiyong Zhang & Sanqin Mao & Xinyu Wang, 2021. "How Much Are People Willing to Pay for Clean Air? Analyzing Housing Prices in Response to the Smog Free Tower in Xi’an," IJERPH, MDPI, vol. 18(19), pages 1-16, September.
    3. Vifill KARLSSON, 2010. "The Relationship of House Price and Transportation Improvements: A General Case for Iceland; a Large but Thinly Populated European Country," Regional and Urban Modeling 284100024, EcoMod.
    4. Ti-Ching Peng & Ying-Hui Chiang, 2015. "The non-linearity of hospitals' proximity on property prices: experiences from Taipei, Taiwan," Journal of Property Research, Taylor & Francis Journals, vol. 32(4), pages 341-361, December.
    5. Jacek Batóg & Iwona Foryś & Radosław Gaca & Michał Głuszak & Jan Konowalczuk, 2019. "Investigating the Impact of Airport Noise and Land Use Restrictions on House Prices: Evidence from Selected Regional Airports in Poland," Sustainability, MDPI, vol. 11(2), pages 1-18, January.
    6. Agnieszka Szczepańska, 2021. "Transport Accessibility in a Suburban Zone and Its Influence on the Local Real Estate Market: A Case Study of the Olsztyn Functional Urban Area (Poland)," Land, MDPI, vol. 10(5), pages 1-17, April.
    7. Or Levkovich & Jan Rouwendal & Ramona Marwijk, 2016. "The effects of highway development on housing prices," Transportation, Springer, vol. 43(2), pages 379-405, March.
    8. Vifill KARLSSON, 2010. "Modern Industrial Structure and Development of House PriceÂ’s Spatial Disparity: A General Case for Iceland; a Large but Thinly Populated European Country," Regional and Urban Modeling 284100023, EcoMod.
    9. Luhui Qi & Liqi Jia & Yubin Luo & Yuanyi Chen & Minggang Peng, 2022. "The External Characteristics and Mechanism of Urban Road Corridors to Agglomeration: Case Study for Guangzhou, China," Land, MDPI, vol. 11(7), pages 1-17, July.
    10. Vifill Karlsson, 2011. "The Relationship of Housing Prices and Transportation Improvements: Location and Marginal Impact," Spatial Economic Analysis, Taylor & Francis Journals, vol. 6(2), pages 223-241.
    11. Gjestland, Arnstein & McArthur, David Philip & Osland, Liv & Thorsen, Inge, 2014. "The suitability of hedonic models for cost-benefit analysis: Evidence from commuting flows," Transportation Research Part A: Policy and Practice, Elsevier, vol. 61(C), pages 136-151.
    12. Papon, Francis & Nguyen-Luong, Dany & Boucq, Elise, 2015. "Should any new light rail line provide real estate gains, or not? The case of the T3 line in Paris," Research in Transportation Economics, Elsevier, vol. 49(C), pages 43-54.
    13. Ekaterina Chernobai & Michael Reibel & Michael Carney, 2011. "Nonlinear Spatial and Temporal Effects of Highway Construction on House Prices," The Journal of Real Estate Finance and Economics, Springer, vol. 42(3), pages 348-370, April.
    14. Yang Xiao & Chris Webster & Scott Orford, 2016. "Identifying house price effects of changes in urban street configuration: An empirical study in Nanjing, China," Urban Studies, Urban Studies Journal Limited, vol. 53(1), pages 112-131, January.
    15. Tae-Kyung Kim & Mark W Horner, 2003. "Exploring Spatial Effects on Urban Housing Duration," Environment and Planning A, , vol. 35(8), pages 1415-1429, August.
    16. Dubé, Jean & Legros, Diègo & Devaux, Nicolas, 2018. "From bus to tramway: Is there an economic impact of substituting a rapid mass transit system? An empirical investigation accounting for anticipation effect," Transportation Research Part A: Policy and Practice, Elsevier, vol. 110(C), pages 73-87.

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