The metro (or underground railways) has become a backbone in the transit systems of many
cities. It has numerous externalities, such as ameliorating traffic congestion and enhancing …

Urban rail transit (URT) is shown to mitigate numerous contemporary urban problems (eg,
traffic congestion and environmental degradation). To reap such gains, many Chinese cities …

Many empirical applications aim to isolate the impact of implementing new public transport
on real estate uplift value. While their conclusions generally point to positive impact, due to …

High-speed rail (HSR) and land market has become a hot issue, however, the effects and
impact mechanisms of HSR have been little studied. Our study examines the impacts of HSR …

Despite several decades of research, the relationship between transit accessibility and land
values remains unclear. In practice, most research has focused on simple measures of …

This study uses property-level repeat sales transaction data to test for the presence of a
premium for single-family homes within half a mile of stations on the METRO Blue Line in …

The development of new and upgraded transport infrastructure projects are driving
economic benefits for business, the environment and society. Major transport projects can …

As the successful design and implementation of alternative mechanisms for funding transit
infrastructure, such as value-capture schemes, are becoming more critical, identifying the …

How to evaluate the comprehensive costs and benefits of urban light trains is a critical issue.
The difference-in-differences technique is widely used in the literature. However, the …

This study explores differences in the effects of rail transit investment across various types of
lands with different values and locations, using the development of Seoul Metro Line 9 …