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Investigating the impact of recession on transportation cost capitalization: a spatial analysis

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  • Efthymiou, D.
  • Antoniou, C.

Abstract

The unprecedented economic crisis experienced by Greece is fertile ground for research at myriad levels. In this paper, the authors aim to investigate the effects of the crisis on real estate prices by measuring the impact of transportation infrastructure location. For the purposes of this research, on-line real estate data collected in 2011, when the consequences of the crisis were still uncertain, and in 2013, when a significant decline had been observed, are combined.

Suggested Citation

  • Efthymiou, D. & Antoniou, C., 2015. "Investigating the impact of recession on transportation cost capitalization: a spatial analysis," Journal of Transport Geography, Elsevier, vol. 42(C), pages 1-9.
    • Handle: RePEc:eee:jotrge:v:42:y:2015:i:c:p:1-9
    DOI: 10.1016/j.jtrangeo.2014.10.009
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    References listed on IDEAS

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    3. Ulfarsson, Gudmundur F. & Steinbrenner, Anne & Valsson, Trausti & Kim, Sungyop, 2015. "Urban household travel behavior in a time of economic crisis: Changes in trip making and transit importance," Journal of Transport Geography, Elsevier, vol. 49(C), pages 68-75.
    4. Arturo Bujanda & Thomas M. Fullerton, 2017. "Impacts of transportation infrastructure on single-family property values," Applied Economics, Taylor & Francis Journals, vol. 49(51), pages 5183-5199, November.
    5. Comber, Sam & Arribas-Bel, Dani, 2017. "“Waiting on the train”: The anticipatory (causal) effects of Crossrail in Ealing," Journal of Transport Geography, Elsevier, vol. 64(C), pages 13-22.

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