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Walking accessibility to bus rapid transit: Does it affect property values? The case of Bogotá, Colombia

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  1. Mulley, Corinne & Ma, Liang & Clifton, Geoffrey & Yen, Barbara & Burke, Matthew, 2016. "Residential property value impacts of proximity to transport infrastructure: An investigation of bus rapid transit and heavy rail networks in Brisbane, Australia," Journal of Transport Geography, Elsevier, vol. 54(C), pages 41-52.
  2. Tobias Pfutze & Carlos Rodríguez-Castelán & Daniel Valderrama, 2023. "Urban transport infrastructure and household welfare: evidence from Colombia," Empirical Economics, Springer, vol. 65(3), pages 1409-1432, September.
  3. Jonas Eliasson & Fredrik Kopsch & Svante Mandell & Mats Wilhelmsson, 2020. "Transport Mode and the Value of Accessibility–A Potential Input for Sustainable Investment Analysis," Sustainability, MDPI, vol. 12(5), pages 1-14, March.
  4. Kim, Jae Hong & Li, Xiangyu, 2021. "Building more housing near transit: A spatial analysis of residential densification dynamics," Transport Policy, Elsevier, vol. 114(C), pages 15-24.
  5. Navarrete-Hernandez, Pablo & Christopher Zegras, P., 2023. "Mind the perception gap: The impact of bus rapid transit infrastructure on travelers’ perceptions of affective subjective well-being," Transportation Research Part A: Policy and Practice, Elsevier, vol. 172(C).
  6. 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.
  7. Guzman, Luis A. & Enríquez, Hernán Darío & Hessel, Phillip, 2021. "BRT system in Bogotá and urban effects: More residential land premiums?," Research in Transportation Economics, Elsevier, vol. 90(C).
  8. Li, Zheng, 2018. "The impact of metro accessibility on residential property values: An empirical analysis," Research in Transportation Economics, Elsevier, vol. 70(C), pages 52-56.
  9. Filippova, Olga & Sheng, Mingyue, 2020. "Impact of bus rapid transit on residential property prices in Auckland, New Zealand," Journal of Transport Geography, Elsevier, vol. 86(C).
  10. Deng, Taotao & Ma, Mulan & Nelson, John D., 2016. "Measuring the impacts of Bus Rapid Transit on residential property values: The Beijing case," Research in Transportation Economics, Elsevier, vol. 60(C), pages 54-61.
  11. Viguie, V. & Hallegatte, S., 2014. "Urban infrastructure investment and rent-capture potentials," Policy Research Working Paper Series 7067, The World Bank.
  12. Zhang, Min & Yen, Barbara T.H., 2020. "The impact of Bus Rapid Transit (BRT) on land and property values: A meta-analysis," Land Use Policy, Elsevier, vol. 96(C).
  13. 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.
  14. Acton, Blake & Le, Huyen T.K. & Miller, Harvey J., 2022. "Impacts of bus rapid transit (BRT) on residential property values: A comparative analysis of 11 US BRT systems," Journal of Transport Geography, Elsevier, vol. 100(C).
  15. 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.
  16. İsmail ÖNDEN & Nurbanu DOĞAN & Fahrettin EELDEMİR, 2018. "Hızlı Otobüs Taşımacılığı İçin İstasyon Lokasyonlarının Belirlenmesine Yönelik Yaklaşımlar," Istanbul Management Journal, Istanbul University Business School, vol. 29(85), pages 41-58, December.
  17. Delmelle, Elizabeth Cahill & Casas, Irene, 2012. "Evaluating the spatial equity of bus rapid transit-based accessibility patterns in a developing country: The case of Cali, Colombia," Transport Policy, Elsevier, vol. 20(C), pages 36-46.
  18. Mai, Nhat Chi, 2018. "도이모이 이후 베트남의 주거 이동, 선택, 가격 결정요인 연구: 호치민시 사례 중심으로," OSF Preprints 6kdfy, Center for Open Science.
  19. Mulley, Corinne & Tsai, Chi-Hong (Patrick), 2016. "When and how much does new transport infrastructure add to property values? Evidence from the bus rapid transit system in Sydney, Australia," Transport Policy, Elsevier, vol. 51(C), pages 15-23.
  20. 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.
  21. Wei Li & Kenneth Joh, 2017. "Exploring the synergistic economic benefit of enhancing neighbourhood bikeability and public transit accessibility based on real estate sale transactions," Urban Studies, Urban Studies Journal Limited, vol. 54(15), pages 3480-3499, November.
  22. Banick, Robert & Heyns, Andries M. & Regmi, Suraj, 2021. "Evaluation of rural roads construction alternatives according to seasonal service accessibility improvement using a novel multi-modal cost-time model: A study in Nepal's remote and mountainous Karnali," Journal of Transport Geography, Elsevier, vol. 93(C).
  23. Guzman, Luis A. & Oviedo, Daniel & Rivera, Carlos, 2017. "Assessing equity in transport accessibility to work and study: The Bogotá region," Journal of Transport Geography, Elsevier, vol. 58(C), pages 236-246.
  24. Zhang, Min & Yen, Barbara T.H. & Mulley, Corinne & Sipe, Neil, 2020. "An investigation of the open-system Bus Rapid Transit (BRT) network and property values: The case of Brisbane, Australia," Transportation Research Part A: Policy and Practice, Elsevier, vol. 134(C), pages 16-34.
  25. Dubé, Jean & Andrianary, Eugénie & Assad-Déry, François & Poupart, Janie & Simard, Justine, 2018. "Exploring difference in value uplift resulting from new bus rapid transit routes within a medium size metropolitan area," Journal of Transport Geography, Elsevier, vol. 72(C), pages 258-269.
  26. Jin Han Park & Dong Kun Lee & Chan Park & Ho Gul Kim & Tae Yong Jung & Songyi Kim, 2017. "Park Accessibility Impacts Housing Prices in Seoul," Sustainability, MDPI, vol. 9(2), pages 1-14, January.
  27. Olaru, Doina & Mulley, Corinne & Smith, Brett & Ma, Liang, 2017. "Policy-led selection of the most appropriate empirical model to estimate hedonic prices in the residential market," Journal of Transport Geography, Elsevier, vol. 62(C), pages 213-228.
  28. Nkurunziza, Alphonse & Zuidgeest, Mark & Brussel, Mark & Van den Bosch, Frans, 2012. "Spatial variation of transit service quality preferences in Dar-es-Salaam," Journal of Transport Geography, Elsevier, vol. 24(C), pages 12-21.
  29. Bocarejo, Juan Pablo & Portilla, Ingrid & Pérez, Maria Angélica, 2013. "Impact of Transmilenio on density, land use, and land value in Bogotá," Research in Transportation Economics, Elsevier, vol. 40(1), pages 78-86.
  30. Shanaka Herath, 2021. "Elevating the Value of Urban Location: A Consumer Preference-Based Approach to Valuing Local Amenity Provision," Land, MDPI, vol. 10(11), pages 1-14, November.
  31. Qing Shen & Simin Xu & Jiang Lin, 2018. "Effects of bus transit-oriented development (BTOD) on single-family property value in Seattle metropolitan area," Urban Studies, Urban Studies Journal Limited, vol. 55(13), pages 2960-2979, October.
  32. Hong, Liu & Yan, Yongze & Ouyang, Min & Tian, Hui & He, Xiaozheng, 2017. "Vulnerability effects of passengers' intermodal transfer distance preference and subway expansion on complementary urban public transportation systems," Reliability Engineering and System Safety, Elsevier, vol. 158(C), pages 58-72.
  33. Rodriguez, Daniel A. & Vergel-Tovar, Erik & Camargo, William F., 2016. "Land development impacts of BRT in a sample of stops in Quito and Bogotá," Transport Policy, Elsevier, vol. 51(C), pages 4-14.
  34. Cordera, Ruben & Coppola, Pierluigi & dell'Olio, Luigi & Ibeas, Ángel, 2019. "The impact of accessibility by public transport on real estate values: A comparison between the cities of Rome and Santander," Transportation Research Part A: Policy and Practice, Elsevier, vol. 125(C), pages 308-319.
  35. Zhiwei Liu & Jianrong Liu, 2023. "Shared Autonomous Vehicles as Last-Mile Public Transport of Metro Trips," Sustainability, MDPI, vol. 15(19), pages 1-15, October.
  36. 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.
  37. Amarin Siripanich & Taha Hossein Rashidi & Emily Moylan, 2019. "Interaction of Public Transport Accessibility and Residential Property Values Using Smart Card Data," Sustainability, MDPI, vol. 11(9), pages 1-24, May.
  38. 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.
  39. Rui Zhao & Linchuan Yang & Xinrong Liang & Yuanyuan Guo & Yi Lu & Yixuan Zhang & Xinyun Ren, 2019. "Last-Mile Travel Mode Choice: Data-Mining Hybrid with Multiple Attribute Decision Making," Sustainability, MDPI, vol. 11(23), pages 1-15, November.
  40. Zolnik, Edmund J. & Malik, Ammar & Irvin-Erickson, Yasemin, 2018. "Who benefits from bus rapid transit? Evidence from the Metro Bus System (MBS) in Lahore," Journal of Transport Geography, Elsevier, vol. 71(C), pages 139-149.
  41. Yanez-Pagans, Patricia & Martinez, Daniel & Mitnik, Oscar A. & Scholl, Lynn & Vazquez, Antonia, 2018. "Urban Transport Systems in Latin America and the Caribbean: Challenges and Lessons Learned," IZA Discussion Papers 11812, Institute of Labor Economics (IZA).
  42. Ducksu Seo & You Seok Chung & Youngsang Kwon, 2018. "Price Determinants of Affordable Apartments in Vietnam: Toward the Public–Private Partnerships for Sustainable Housing Development," Sustainability, MDPI, vol. 10(1), pages 1-17, January.
  43. Lindau, Luis Antonio & Hidalgo, Dario & de Almeida Lobo, Adriana, 2014. "Barriers to planning and implementing Bus Rapid Transit systems," Research in Transportation Economics, Elsevier, vol. 48(C), pages 9-15.
  44. Linlin Zhang & Tao Zhou & Chao Mao, 2019. "Does the Difference in Urban Public Facility Allocation Cause Spatial Inequality in Housing Prices? Evidence from Chongqing, China," Sustainability, MDPI, vol. 11(21), pages 1-20, November.
  45. Patricia Yañez-Pagans & Daniel Martinez & Oscar A. Mitnik & Lynn Scholl & Antonia Vazquez, 2019. "Urban transport systems in Latin America and the Caribbean: lessons and challenges," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 28(1), pages 1-25, December.
  46. Mai, Nhat Chi, 2018. "Residential Mobility, Housing Choice, and Price Determinants in Transitional Vietnam: The Case of Ho Chi Minh City," OSF Preprints j7wvh, Center for Open Science.
  47. Yang, Linchuan & Chu, Xiaoling & Gou, Zhonghua & Yang, Hongtai & Lu, Yi & Huang, Wencheng, 2020. "Accessibility and proximity effects of bus rapid transit on housing prices: Heterogeneity across price quantiles and space," Journal of Transport Geography, Elsevier, vol. 88(C).
  48. Qingchun Liu & Peixiong Zhao & Yan Xiao & Xin Zhou & Jun Yang, 2022. "Walking Accessibility to the Bus Stop: Does It Affect Residential Rents? The Case of Jinan, China," Land, MDPI, vol. 11(6), pages 1-17, June.
  49. Efthymiou, D. & Antoniou, C., 2013. "How do transport infrastructure and policies affect house prices and rents? Evidence from Athens, Greece," Transportation Research Part A: Policy and Practice, Elsevier, vol. 52(C), pages 1-22.
  50. Cervero, Robert & Dai, Danielle, 2014. "BRT TOD: Leveraging transit oriented development with bus rapid transit investments," Transport Policy, Elsevier, vol. 36(C), pages 127-138.
  51. Yefu Chen & Junfeng Jiao, 2022. "Are There Transit Deserts in Europe? A Study Focusing on Four European Cases through Publicly Available Data," Sustainability, MDPI, vol. 14(20), pages 1-16, October.
  52. Zhang, Min, 2023. "Value uplift from transit investment-Property value or land value? A case study of the Gold Coast light rail system in Australia," Transport Policy, Elsevier, vol. 132(C), pages 88-98.
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