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Willingness to pay for accessibility under the conditions of residential segregation

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  • Marko Kryvobokov

    (LET - Laboratoire d'économie des transports - UL2 - Université Lumière - Lyon 2 - ENTPE - École Nationale des Travaux Publics de l'État - CNRS - Centre National de la Recherche Scientifique)

  • Louafi Bouzouina

    (LET - Laboratoire d'économie des transports - UL2 - Université Lumière - Lyon 2 - ENTPE - École Nationale des Travaux Publics de l'État - CNRS - Centre National de la Recherche Scientifique)

Abstract

The hypothesis that different income groups have different willingness to pay for accessibility to the city centre is based on the standard monocentric model. This hypothesis is empirically tested with accessibility attributes in a hedonic model of apartment prices in the suburbs of the city of Lyon, France. The conditions of residential segregation are described, and apartment prices in the poor and the rich suburbs are analysed with regression techniques. Travel times to two urban centres are accounted for, as well as centrality and accessibility integral indexes. We found that in the selected areas the hypothesis is true. Spatial differences between the estimates for accessibility measures are significant. In more socially problematic areas, the willingness to pay for better accessibility is higher.

Suggested Citation

  • Marko Kryvobokov & Louafi Bouzouina, 2014. "Willingness to pay for accessibility under the conditions of residential segregation," Post-Print halshs-01082820, HAL.
  • Handle: RePEc:hal:journl:halshs-01082820
    DOI: 10.3846/1648715X.2013.864342
    Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-01082820
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    File URL: https://halshs.archives-ouvertes.fr/halshs-01082820/document
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    References listed on IDEAS

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    Cited by:

    1. Louafi Bouzouina & Nathalie Havet & Pascal Pochet, 2015. "Mobilité quotidienne des actifs résidant en zones urbaines sensibles et accès à l'emploi : Une analyse économétrique à partir de l'Enquête Ménages Déplacements de Lyon," Working Papers halshs-01143900, HAL.
    2. Ioannis Baraklianos & Louafi Bouzouina & Patrick Bonnel & Hind Aissaoui, 2020. "Does the accessibility measure influence the results of residential location choice modelling?," Transportation, Springer, vol. 47(3), pages 1147-1176, June.

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    Keywords

    Accessibility; Bid-rent function; Hedonic regression; Apartment price; Residential segregation;

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