The effect of new metro stations on local land use and housing prices: The case of Wuhan, China
作者: Ronghui TanQingsong HeKehao ZhouPeng Xie
作者单位: 1College of Management and Economics, Tianjin University, No.92, Weijin Road, Nankai District, Tinjin 300072, PR China
2School of Resource and Environment Science, Wuhan University, No.129, Luoyu Road, Hongshan District, Wuhan 430079, Hubei Province, PR China
3School of Econimics and Management, Tianjin Chengjian University, Jinjing Road, Xiqing District, Tianjin 300072, PR China
刊名: Journal of Transport Geography, 2019, Vol.79
来源数据库: Elsevier Journal
DOI: 10.1016/j.jtrangeo.2019.102488
关键词: Metro station proximityLand useHousing priceHedonic pricing model
英文摘要: Abstract(#br)The metro system is an important means of transportation for urban residents in mega-cities in China, where not all families can afford an automobile and there are policy restrictions on private cars. Numerous empirical studies have investigated the implicit prices of metro stations in China. However, few have systematically examined the influence of the proximity of a metro station on housing prices. More importantly, the potential endogeneity of metro station placement is always neglected, which means that the validity of the reported causal effects of the distance to the metro station on housing prices must be questioned. To investigate whether households value being close to a metro station because closeness generates fundamentally positive externalities, we analyze the...
全文获取路径: Elsevier  (合作)
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影响因子:1.942 (2012)

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关键词翻译
关键词翻译
  • prices 行情
  • housing 外壳
  • local 局部的
  • pricing 定价
  • China 中国
  • proximity 邻近
  • Metro 地下铁道
  • station 测点
  • metro 地下铁道
  • model 模型