Institutional barriers to financing transit-oriented development in China: Analyzing informal land value capture strategies
Author
Abstract
Suggested Citation
DOI: 10.1016/j.tranpol.2019.07.010
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Robert Cervero & Jin Murakami, 2009. "Rail and Property Development in Hong Kong: Experiences and Extensions," Urban Studies, Urban Studies Journal Limited, vol. 46(10), pages 2019-2043, September.
- Yang, Jiawen & Quan, Jige & Yan, Bin & He, Canfei, 2016. "Urban rail investment and transit-oriented development in Beijing: Can it reach a higher potential?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 89(C), pages 140-150.
- Xianwei Fan & Dan Zheng & Minjun Shi, 2016. "How Does Land Development Promote China’s Urban Economic Growth? The Mediating Effect of Public Infrastructure," Sustainability, MDPI, vol. 8(3), pages 1-12, March.
- Cervero, Robert & Day, Jennifer, 2008. "Suburbanization and transit-oriented development in China," Transport Policy, Elsevier, vol. 15(5), pages 315-323, September.
- Xu, Tao & Zhang, Ming & Aditjandra, Paulus T., 2016. "The impact of urban rail transit on commercial property value: New evidence from Wuhan, China," Transportation Research Part A: Policy and Practice, Elsevier, vol. 91(C), pages 223-235.
- Lichtenberg, Erik & Ding, Chengri, 2009.
"Local officials as land developers: Urban spatial expansion in China,"
Journal of Urban Economics, Elsevier, vol. 66(1), pages 57-64, July.
- Lichtenberg, Erik & Ding, Chengri, 2008. "Local Officials as Land Developers: Urban Spatial Expansion in China," Working Papers 6834, University of Maryland, Department of Agricultural and Resource Economics.
- Yang, Jiawen & Chen, Junxian & Le, Xiaohui & Zhang, Qin, 2016. "Density-oriented versus development-oriented transit investment: Decoding metro station location selection in Shenzhen," Transport Policy, Elsevier, vol. 51(C), pages 93-102.
- Corinne Mulley, 2014. "Accessibility and Residential Land Value Uplift: Identifying Spatial Variations in the Accessibility Impacts of a Bus Transitway," Urban Studies, Urban Studies Journal Limited, vol. 51(8), pages 1707-1724, June.
- Fulong Wu, 2018. "Planning centrality, market instruments: Governing Chinese urban transformation under state entrepreneurialism," Urban Studies, Urban Studies Journal Limited, vol. 55(7), pages 1383-1399, May.
- Erwin van der Krabben, 2009. "A Property Rights Approach to Externality Problems: Planning Based on Compensation Rules," Urban Studies, Urban Studies Journal Limited, vol. 46(13), pages 2869-2890, December.
- Oliver E. Williamson, 2000. "The New Institutional Economics: Taking Stock, Looking Ahead," Journal of Economic Literature, American Economic Association, vol. 38(3), pages 595-613, September.
- Jeffrey P. Cohen & Cletus C. Coughlin & Lesli S. Ott, 2009. "Auctions as a vehicle to reduce airport delays and achieve value capture," Review, Federal Reserve Bank of St. Louis, vol. 91(Nov), pages 569-588.
- Mu, Rui & Jong, Martin de, 2012. "Establishing the conditions for effective transit-oriented development in China: the case of Dalian," Journal of Transport Geography, Elsevier, vol. 24(C), pages 234-249.
- Zhang, Ming & Wang, Lanlan, 2013. "The impacts of mass transit on land development in China: The case of Beijing," Research in Transportation Economics, Elsevier, vol. 40(1), pages 124-133.
- Papa, Enrica & Bertolini, Luca, 2015. "Accessibility and Transit-Oriented Development in European metropolitan areas," Journal of Transport Geography, Elsevier, vol. 47(C), pages 70-83.
- Medda, Francesca, 2012. "Land value capture finance for transport accessibility: a review," Journal of Transport Geography, Elsevier, vol. 25(C), pages 154-161.
- Knowles, Richard D., 2012. "Transit Oriented Development in Copenhagen, Denmark: from the Finger Plan to Ørestad," Journal of Transport Geography, Elsevier, vol. 22(C), pages 251-261.
- Dubé, Jean & Thériault, Marius & Des Rosiers, François, 2013. "Commuter rail accessibility and house values: The case of the Montreal South Shore, Canada, 1992–2009," Transportation Research Part A: Policy and Practice, Elsevier, vol. 54(C), pages 49-66.
- Sun, Jun & Chen, Tian & Cheng, Zuchen & Wang, Cynthia C. & Ning, Xin, 2017. "A financing mode of Urban Rail transit based on land value capture: A case study in Wuhan City," Transport Policy, Elsevier, vol. 57(C), pages 59-67.
- Ling Hin Li, 2015. "State or market: the role of the government in urban village regeneration in China," International Journal of Urban Sciences, Taylor & Francis Journals, vol. 19(2), pages 157-167, July.
- Deng, Taotao & Nelson, John D., 2013. "Bus Rapid Transit implementation in Beijing: An evaluation of performance and impacts," Research in Transportation Economics, Elsevier, vol. 39(1), pages 108-113.
- Hiroaki Suzuki & Robert Cervero & Kanako Iuchi, 2013. "Transforming Cities with Transit : Transit and Land-Use Integration for Sustainable Urban Development [Transformando las ciudades con el transporte público : integración del transporte público y el," World Bank Publications - Books, The World Bank Group, number 12233.
- Hiroaki Suzuki & Jin Murakami & Yu-Hung Hong & Beth Tamayose, 2015. "Financing Transit-Oriented Development with Land Values : Adapting Land Value Capture in Developing Countries," World Bank Publications - Books, The World Bank Group, number 21286.
- Li Tian, 2006. "Impacts of Transport Projects on Residential Property Values in China: Evidence from Two Projects in Guangzhou," Journal of Property Research, Taylor & Francis Journals, vol. 23(4), pages 347-365, October.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Vergel-Tovar, C. Erik, 2023. "Understanding barriers and opportunities for promoting transit-oriented development with bus rapid transit in Bogotá and Quito," Land Use Policy, Elsevier, vol. 132(C).
- Zhongguo Xu & Yuefei Zhuo & Guan Li & Rong Liao & Cifang Wu, 2019. "Towards a Valuation and Taxation Information Model for Chinese Rural Collective Construction Land," Sustainability, MDPI, vol. 11(23), pages 1-21, November.
- Yang, Jiawen & Su, Pinren & Cao, Jason, 2020. "On the importance of Shenzhen metro transit to land development and threshold effect," Transport Policy, Elsevier, vol. 99(C), pages 1-11.
- Brightnes Risimati & Trynos Gumbo & James Chakwizira, 2021. "Spatial Integration of Non-Motorized Transport and Urban Public Transport Infrastructure: A Case of Johannesburg," Sustainability, MDPI, vol. 13(20), pages 1-17, October.
- Weihang Gong & Jing (Victor) Li & Mee Kam Ng, 2021. "Deciphering Property Development around High-Speed Railway Stations through Land Value Capture: Case Studies in Shenzhen and Hong Kong," Sustainability, MDPI, vol. 13(22), pages 1-16, November.
- Sciara, Gian-Claudia & Waxman, Andrew & Buchanan, Ross, 2024. "State legislator views on funding 21st century Transportation:Important problems, missed connections," Transport Policy, Elsevier, vol. 150(C), pages 206-218.
- Hayati Sari Hasibuan & Mari Mulyani, 2022. "Transit-Oriented Development: Towards Achieving Sustainable Transport and Urban Development in Jakarta Metropolitan, Indonesia," Sustainability, MDPI, vol. 14(9), pages 1-17, April.
- Huanming Wang & Xiaoyun Sun & Yu Shi, 2024. "Commercial investment in public–private partnerships: the impact of government characteristics," Local Government Studies, Taylor & Francis Journals, vol. 50(1), pages 230-260, January.
- Abdi, Mohammad Hamed, 2021. "What the newcomers to transit-oriented development are confronted with? Evidence from Iranian policy and planning," Journal of Transport Geography, Elsevier, vol. 92(C).
- Ramezani, Sara & Nastaran, Mahin & Nooraie, Homayoon & Otsuki, Kei, 2023. "The role of the institutional environment in land use planning in Iran: A conceptual framework," Land Use Policy, Elsevier, vol. 135(C).
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.- Zhao, Pengjun & Yang, Hanzi & Kong, Lu & Liu, Yunshu & Liu, Di, 2018. "Disintegration of metro and land development in transition China: A dynamic analysis in Beijing," Transportation Research Part A: Policy and Practice, Elsevier, vol. 116(C), pages 290-307.
- Ibraeva, Anna & Correia, Gonçalo Homem de Almeida & Silva, Cecília & Antunes, António Pais, 2020. "Transit-oriented development: A review of research achievements and challenges," Transportation Research Part A: Policy and Practice, Elsevier, vol. 132(C), pages 110-130.
- Abdi, Mohammad Hamed, 2021. "What the newcomers to transit-oriented development are confronted with? Evidence from Iranian policy and planning," Journal of Transport Geography, Elsevier, vol. 92(C).
- Sharma, Rohit & Newman, Peter, 2018. "Can land value capture make PPP's competitive in fares? A Mumbai case study," Transport Policy, Elsevier, vol. 64(C), pages 123-131.
- Liang, Yue & Du, Mengbing & Wang, Xiangxiao & Xu, Xiwei, 2020. "Planning for urban life: A new approach of sustainable land use plan based on transit-oriented development," Evaluation and Program Planning, Elsevier, vol. 80(C).
- Li, Xinjian & Love, Peter E.D. & Luo, Hanbin & Fang, Weili, 2022. "A systemic model for implementing land value capture to support urban rail transit infrastructure projects," Transportation Research Part A: Policy and Practice, Elsevier, vol. 156(C), pages 90-112.
- Muhammad Aamir Basheer & Luuk Boelens & Rob van der Bijl, 2020. "Bus Rapid Transit System: A Study of Sustainable Land-Use Transformation, Urban Density and Economic Impacts," Sustainability, MDPI, vol. 12(8), pages 1-22, April.
- Jyothi Chava & Peter Newman, 2016. "Stakeholder Deliberation on Developing Affordable Housing Strategies: Towards Inclusive and Sustainable Transit-Oriented Developments," Sustainability, MDPI, vol. 8(10), pages 1-21, October.
- Dziauddin, Mohd Faris, 2019. "Estimating land value uplift around light rail transit stations in Greater Kuala Lumpur: An empirical study based on geographically weighted regression (GWR)," Research in Transportation Economics, Elsevier, vol. 74(C), pages 10-20.
- 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.
- Xu, Tao & Zhang, Ming & Aditjandra, Paulus T., 2016. "The impact of urban rail transit on commercial property value: New evidence from Wuhan, China," Transportation Research Part A: Policy and Practice, Elsevier, vol. 91(C), pages 223-235.
- Wang, Weifang & van Noorloos, Femke & Spit, Tejo, 2020. "Stakeholder power relations in Land Value Capture: comparing public (China) and private (U.S.) dominant regimes," Land Use Policy, Elsevier, vol. 91(C).
- Li, Guicai & Luan, Xiaofan & Yang, Jiawen & Lin, Xiongbin, 2013. "Value capture beyond municipalities: transit-oriented development and inter-city passenger rail investment in China’s Pearl River Delta," Journal of Transport Geography, Elsevier, vol. 33(C), pages 268-277.
- Mu, Rui & de Jong, Martin, 2016. "A network governance approach to transit-oriented development: Integrating urban transport and land use policies in Urumqi, China," Transport Policy, Elsevier, vol. 52(C), pages 55-63.
- Ahmad Adeel & Bruno Notteboom & Ansar Yasar & Kris Scheerlinck & Jeroen Stevens, 2021. "Insights into the Impacts of Mega Transport Infrastructures on the Transformation of Urban Fabric: Case of BRT Lahore," Sustainability, MDPI, vol. 13(13), pages 1-32, July.
- Ahmad Adeel & Bruno Notteboom & Ansar Yasar & Kris Scheerlinck & Jeroen Stevens, 2021. "Sustainable Streetscape and Built Environment Designs around BRT Stations: A Stated Choice Experiment Using 3D Visualizations," Sustainability, MDPI, vol. 13(12), pages 1-21, June.
- Weihang Gong & Jing (Victor) Li & Mee Kam Ng, 2021. "Deciphering Property Development around High-Speed Railway Stations through Land Value Capture: Case Studies in Shenzhen and Hong Kong," Sustainability, MDPI, vol. 13(22), pages 1-16, November.
- Ying Liang & Wei Song & Xiaofeng Dong, 2021. "Evaluating the Space Use of Large Railway Hub Station Areas in Beijing toward Integrated Station-City Development," Land, MDPI, vol. 10(11), pages 1-22, November.
- Natacha Aveline-Dubach & Guillaume Blandeau, 2019. "The political economy of transit value capture: The changing business model of the MTRC in Hong Kong," Urban Studies, Urban Studies Journal Limited, vol. 56(16), pages 3415-3431, December.
- Li, Jianyi & Huang, Hao, 2020. "Effects of transit-oriented development (TOD) on housing prices: A case study in Wuhan, China," Research in Transportation Economics, Elsevier, vol. 80(C).
More about this item
Keywords
TOD; Institutional barriers; Land value capture; Informality in planning; China;All these keywords.
Statistics
Access and download statisticsCorrections
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:eee:trapol:v:82:y:2019:i:c:p:1-10. 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/30473/description#description .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.