Transit’s Value-Added Effects: Light and Commuter Rail Services and Commercial Land Values

By Robert Cervero, Michael Duncan. 2002

332 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/f65f2352c950b196f2255fbfab7585243b9ebf82

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In Economics and Econometrics

Citations in the corpus

Forty years of modelling rapid transit’s land value uplift in North America: moving beyond the tip of the iceberg (2016, background): “However, several studies have consistently found positive and statistically significant land value effects associated with this system (Cervero & Duncan, 2002a, 2002b; Weinberger, 2001).”
Place value: place quality and its impact on health, social, economic and environmental outcomes (2018, background): “riCs (2016) Place-making and value better place-making in residential areas Place-making adds economic value although the size of the premium varies widely Yang, song, and Choi (2016) Commercial land use and residential values Commercial activity in residential areas beyond a very local area marked ”
An Evaluation of the Accessibility Benefits of Commuter Rail in Eastern Massachusetts using Spatial Hedonic Price Functions (2006, background): “Other studies have measured local accessibility while controlling for regional accessibility by measuring proximity to the labor force ( Cervero & Duncan 2002a ), or by measuring the average journey-to-work commuting time of the census tract where the property is located (Voith 1993).”
Hedonic Price Effects of Pedestrian- and Transit-Oriented Development (2011, background): “, Cervero and Duncan (2002) show that price premiums for commercial property vary with the degree of regional access provided by different transit technologies.”
Quantification of the non-transport benefits resulting from rail investment (2011, methodology): “Cervero and Duncan (2002) in their study of commuter and light rail impacts examined the impact of four variables on the estimated price per square foot of individual “parcels” of land.”
Rail Transit Impacts on Land Use (2008, background): “Cervero and Duncan’s study of BRT in Los Angeles, California, found that residential properties near BRT stops sold for less.”