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This study models the choices of Dutch railway users. We find a steeper negative distance effect on the utility of departure stations accessed by the non-motorized modes of walking and bicycle as compared to the motorized modes of car and public transport. Availability of parking places and...
Persistent link: https://www.econbiz.de/10009202407
This discussion paper resulted in an article in the <I>Journal of Real Estate Finance and Economics</I> (2006). Volume 35, pages 161-180.<P> Property values are affected by the properties’ physical, accessibility and environmental features. Railway stations function as nodes in transport networks and...</p></i>
Persistent link: https://www.econbiz.de/10011256894
This paper analyses the effect of railway investment on land prices and land use in a polycentric city under various regulatory regimes of land markets. The introduction of a faster mode of transport (train), accessible in discrete locations leads to an extended city size. The stations of the...
Persistent link: https://www.econbiz.de/10011257140
This discussion paper resulted in an article in the Transportation Research E</I> (2009). Volume 45, pages 270-283.<P> This study models the choices of Dutch railway users (aggregated at the 4 digit post code area) for access mode and departure railway stations. For each post code area a set of four...</p>
Persistent link: https://www.econbiz.de/10011257398
A hedonic pricing model is estimated to analyse the impact of railways on house prices in terms of distance to railway station, frequency of railway services and distance to the railway line. Correcting for a wide range of other determinants of house prices we find that dwellings very close to a...
Persistent link: https://www.econbiz.de/10011257549
A hedonic pricing model is estimated based on sales data from three metropolitan areas in the Netherlands (Amsterdam, Rotterdam and Enschede) to analyse the effect of railway accessibility on house prices. Railway accessibility is measured by both the distance to a railway station and an index...
Persistent link: https://www.econbiz.de/10009367623
In an efficient market, the levels of house prices reflect the values of value of physical, accessibility and environmental features corresponding to the house. The Dutch residential house market though could not be claimed to work under a perfectly efficient market; the prices can be diagnosed...
Persistent link: https://www.econbiz.de/10011324834
Property values are affected by the properties’ physical, accessibility and environmental features. Railway stations function as nodes in transport networks and places in an urban environment. They have accessibility and environmental impacts, which contribute to property value. The literature...
Persistent link: https://www.econbiz.de/10010325150
This study models the choices of Dutch railway users (aggregated at the 4 digit post code area) for access mode and departure railway stations. For each post code area a set of four access modes: car, public transport, bicycle and walking and a set three departure railway stations are...
Persistent link: https://www.econbiz.de/10010325178
A hedonic pricing model is estimated to analyse the impact of railways on house prices in terms of distance to railway station, frequency of railway services and distance to the railway line. Correcting for a wide range of other determinants of house prices we find that dwellings very close to a...
Persistent link: https://www.econbiz.de/10010325551