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Borrowed sizes :
Borrowed sizes : A hedonic price approach to the value of network structure in public transport systems
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- Bohman, Helena (författare)
- Malmö universitet,Institutionen för Urbana Studier (US),K2–The Swedish Knowledge Centre for Public Transport
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- Nilsson, Désirée (författare)
- Malmö universitet,Institutionen för Urbana Studier (US),K2–The Swedish Knowledge Centre for Public Transport
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(creator_code:org_t)
- 2021-01-18
- 2021
- Engelska.
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Ingår i: Journal of Transport and Land Use. - : University of Minesota. - 1938-7849. ; 14:1, s. 87-103
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Abstract
Ämnesord
Stäng
- Property prices are known to be higher in places with high accessibility, such as in proximity to train stations and especially to commuter rail, than in places without this access. This study provides a better understanding of how regional accessibility, through the structure of railway networks, can influence local agglomeration economies by providing accessibility to large labor markets. Previous literature has shown a positive impact of proximity to railway stations on housing prices, and our study adds to the literature by analyzing the impact of network structure. We argue that public transport systems can support the benefits of city networks in line with Alonso’s concept of borrowed sizes (1973). Using network theory to measure accessibility provided by the network, we show that stations that provide accessibility to large labor markets across the region are perceived as more attractive by households. Cities in proximity to other cities are strengthened through their public transport links, which allow agglomeration benefits to be exploited by residents.
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
- SAMHÄLLSVETENSKAP -- Social och ekonomisk geografi -- Ekonomisk geografi (hsv//swe)
- SOCIAL SCIENCES -- Social and Economic Geography -- Economic Geography (hsv//eng)
Nyckelord
- hedonic price model
- network effect
- centrality
- labour market accessibility
- commuter rail
- Transportstudier
- Transportation studies
- Urban studies
- Urbana studier
- Real estate science
- Fastighetsvetenskap
Publikations- och innehållstyp
- ref (ämneskategori)
- art (ämneskategori)
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