Property Price Impacts of Environment-Friendly Transport Accessibility in Chinese Cities

This book seeks to shed light on the role of environment-friendly transport accessibility in determining property prices in Chinese cities. Many environment-friendly transport modes, including walking, metro, bus rapid transit (BRT), and bus are examined. Spatial econometric models, quantile regress...

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Bibliographic Details
Main Author: Yang, Linchuan
Format: eBook
Language:English
Published: Singapore Springer Nature Singapore 2021, 2021
Edition:1st ed. 2021
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Description
Summary:This book seeks to shed light on the role of environment-friendly transport accessibility in determining property prices in Chinese cities. Many environment-friendly transport modes, including walking, metro, bus rapid transit (BRT), and bus are examined. Spatial econometric models, quantile regression models, and machine learning techniques are used. This book contributes to people's understanding of the relationship between environmental-friendly transport accessibility and property prices. Moreover, it is of value to policymakers, including (1) informing urban planners/designers to plan/design cities with an adequate level of environment-friendly transport accessibility; (2) offering an evidence-based approach to implementing value capture schemes for financing investments in urban infrastructure; and (3) providing the basis for mitigating the negative externality of proximity to the transit corridor, jointly constructing comprehensive hospitals and other compatible amenities, and so forth
Physical Description:XII, 182 p. 20 illus., 15 illus. in color online resource
ISBN:9789811688331