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Most of the literature on transit corridors, such as superhighways and tunnels, focuses on the positive externality of transit access (e.g., interstate access, transit station) and fails to isolate the negative externality of the corridor itself. This empirical study examines two situations: one...
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Identifying the New Zealand housing market characteristics, the study examined the determinants of residential property price, and showed how different the marginal impact of these factors was. A semi-long linear model was estimated to assess the impact of demand and supply related factors on...
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Home values have been found to be positively associated with park proximity and park quality. However, the affect of accessibility, defined as walkability around neighborhood parks, on home values is understudied. Using a hedonic model, this study investigates the association between park...
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