scholarly journals Automobile usage and urban rail transit expansion: evidence from a natural experiment in Beijing, China

2016 ◽  
Vol 21 (5) ◽  
pp. 557-580 ◽  
Author(s):  
Lunyu Xie
Keyword(s):  
Natural Experiment ◽  
Urban Rail Transit ◽  
Rail Transit ◽  
Diary Data ◽  
Urban Rail ◽  
Travel Diary ◽  
Before And After ◽  
The Cross ◽  
The Impact ◽  
Beijing China

AbstractUsing individual travel diary data collected before and after a rail transit expansion in urban Beijing, the impact of urban rail accessibility improvement on the usage of rail transit, automobiles, buses, walking and bicycling, as well as the cross-area externality induced by congestion alleviation, is estimated. The results show that rail transit usage significantly increased for commuters residing in the affected areas and that the additional rail passengers were previously auto users, rather than bus passengers. The cross-area externality is estimated as small, which implies that the congestion alleviation was not large enough (yet) to change the travel mode choices of commuters residing in areas that did not experience the improvement. Furthermore, the results show that neither the number of commute work trips nor their length increased, indicating that the quantity of travel was not increased by the rail transit expansion.

scholarly journals Study on the Impact of Urban Rail Transit on Tourism Economy in Guangdong Based on Urban Functional Network Model

2021 ◽  
Vol 283 ◽  
pp. 02047
Author(s):  
Du Kangsheng ◽  
Huang Xiang ◽  
Luo Weitao ◽  
Meng Yingying ◽  
Zhou Yanjun ◽  
...  
Keyword(s):  
Network Model ◽  
Urban Rail Transit ◽  
Functional Network ◽  
Rail Transit ◽  
Urban Rail ◽  
Before And After ◽  
Urban Planning And Development ◽  
Tourism Economy ◽  
Economic Ties ◽  
The Impact

Urban rail transit is a new type of rail transit, between railway and urban rail transit, mainly used to solve the traffic problems between cities. By using the urban functional network model, this paper analyzes the complementary coefficient changes of Guangzhou, Zhuhai and Macao before and after the completion of urban rail transit in Guangdong Province. Through quantitative data, it intuitively shows the objective changes brought by urban rail transit to urban planning and development, and also brings development space for urban tourism economy, and deepens the economic ties between cities.

Mechanism Analysis of the Impact on Chinese Urban Rail Transit Construction on the Surrounding Real Estate Prices

2012 ◽  
Vol 178-181 ◽  
pp. 1866-1869
Author(s):  
Jian Liang Lv ◽  
Ying Jiang
Keyword(s):  
Real Estate ◽  
Land Development ◽  
Value Added ◽  
Urban Rail Transit ◽  
Rail Transit ◽  
Mechanism Analysis ◽  
The Real Estate ◽  
Urban Rail ◽  
Real Estate Prices ◽  
The Impact

This paper first studies the real estate prices and and its effecting factors, and point out the construction of urban rail transit effects large on its surrounding real estate prices. Then, the paper clarifies the theoretical basis of its effects, and finally analyzes mechanism that construction of rail transit can make its surrounding real estate value-added. The urban rail transit construction can improve surrounding property accessibility, the residents travel convenient, increasing the intense of land development, changing nature of land use, adjusting industrial layout, accelerating expanded urbanized areas, raising employment opportunities, promoting socio-economic prosperity and development. It provides reference for the reasonable allocation of late-stage value-added benefits, and people can get a comprehensive and systematic understanding of the impact of urban rail transit construction and its surrounding real estate prices.

scholarly journals Evaluation of the land value-added benefit brought by urban rail transit: The case in Changsha, China

2021 ◽  
Vol 14 (1) ◽  
pp. 563-582
Author(s):  
Wenbin Tang ◽  
Qingbin Cui ◽  
Feilian Zhang ◽  
Hongyan Yan
Keyword(s):  
Impact Strength ◽  
Value Added ◽  
Urban Rail Transit ◽  
Strategy Development ◽  
Rail Transit ◽  
Land Value ◽  
Value Capture ◽  
Urban Rail ◽  
Added Benefit ◽  
The Impact

Accurate evaluation of land value-added benefit brought by urban rail transit (URT) is critical for project investment decision making and value capture strategy development. Early studies have focused on the value impact strength under the assumption of the same impact range for all stations. However, the value impact range at different stations may vary owing to different accessibilities. Therefore, the present study releases this assumption and incorporates the changed impact range into the land value-added analysis. It presents a method to determine the range of land value-added impact and sample selection using the generalized transportation cost model, then spatial econometric models are further developed to estimate the impact strength. On the basis of these models, the entire value-added benefit brought by URT is evaluated. A case study of the Changsha Metro Line 2 in China is discussed to demonstrate the procedure, model, and analysis of spatial impact. The empirical analysis shows a dumbbell-shaped impact on the land value-added benefit along the transit line with a distance-dependent pattern at each station. In addition, the land value-added benefit from Changsha Metro Line 2 reached 12.099 billion USD. Lastly, two main value-added benefit capture modes are discussed, namely, land integration development and special land tax.

scholarly journals Study on the Influence of Urban Rail Transit on the Value of Real Estate Based on Information System

2015 ◽  
Vol 9 (1) ◽  
pp. 73-80
Author(s):  
Jiao Lichao
Keyword(s):  
Information System ◽  
Real Estate ◽  
Real Estate Market ◽  
Urban Rail Transit ◽  
Rail Transit ◽  
Market Information ◽  
The Real ◽  
The Real Estate ◽  
Urban Rail ◽  
The Impact

Urban rail transit has strong transportation capability, but little environmental pollution. Besides, it also saves land resource. These advantages make the urban rail transit gradually becomes an effective measure to solve city traffic problems. In order to analyze the impact of the scope and extent of urban rail transit on the real estate, this paper first introduces the composition of real estate market information system, explains the process of how the urban rail transit influences the value of real estate by taking the 1st project of line 1 of Zhengzhou urban rail transit in Henan province for example, finds the semi logarithmic model which has the best regression effects with three hedonic price models and the collected data from the real estate market information system, and finally works out the added value of real estate generated by the above urban rail transit.

scholarly journals Does Urban Rail Transit Discourage People from Owning and Using Cars? Evidence from Beijing, China

2018 ◽  
Vol 2018 ◽  
pp. 1-11 ◽  
Author(s):  
Shasha Liu ◽  
Enjian Yao ◽  
Toshiyuki Yamamoto
Keyword(s):  
Travel Distance ◽  
Urban Rail Transit ◽  
Mediating Effect ◽  
Car Ownership ◽  
Lower Probability ◽  
Rail Transit ◽  
Car Use ◽  
Urban Rail ◽  
Catchment Areas ◽  
Beijing China

With the rapid urbanization and motorization, many cities are developing urban rail transit (URT) to reduce car dependence. This paper explores the URT effect on car ownership and use based on the home-based work tour data in Beijing, China. Considering the mediating effects of car ownership and travel distance simultaneously, we develop a structural equation model to examine the complex relationship among URT, car ownership, travel distance, and car use. The results indicate that URT plays an important role in reducing car dependence. Living within URT catchment areas by itself is not significantly associated with car ownership and use, but if the workplace is near a URT station, people are less likely to own and use cars. People who both live and work near URT station areas have lower probability of owning and using cars. Moreover, car ownership and travel distance mediate the relationship between URT and car use, and the mediating effect of car ownership is greater than travel distance. Our study verifies that URT does discourage people from owning and using cars, which may have important implications for developing cities to make response to the ongoing motorization.

Impact of Urban Rail Transit on Residential Property Values in Hangzhou

2014 ◽  
Vol 580-583 ◽  
pp. 1306-1310
Author(s):  
Lian Fa Ruan ◽  
Jing Ping Yin
Keyword(s):  
Property Values ◽  
Positive Influence ◽  
Hedonic Pricing ◽  
Urban Rail Transit ◽  
Residential Property ◽  
Rail Transit ◽  
Transit System ◽  
Urban Rail ◽  
Residential Property Values ◽  
The Impact

This research investigates the impact of the first metro line (Line 1) in Hangzhou on its station-area residential property values. A hedonic pricing model shows that Line 1 had a statistically significant and positive effect on residential prices in its operation period. Compared with its construction phase, the impact did not change significantly, indicating that metro rail transit had a long-term positive influence on the station-area property values. These findings suggest that such capitalization is likely to lead to high-density and transportation-oriented development. While planning the urban rail transit system, such impact should be fully considered.

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