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Spatial effects of urban rail upgrades

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  • Grimes, Arthur
  • Young, Chris

Abstract

We examine spatial impacts of major upgrades to an existing urban passenger rail service. The upgrades, to Auckland’s Western Line, were announced in 2005. Anticipated benefits of upgrades should be factored into people’s location and pricing decisions following announcement. Using a difference-in-difference regression approach coupled with a repeat-sales methodology, we test the hypotheses that house prices appreciated following the announcement and that the degree of appreciation reflected proximity to rail stations. We also test whether a specific transport-related urban redevelopment affected house price appreciation. We find statistically significant rises in values of houses located near stations upon announcement of the upgrades, with spatially non-linear effects reflecting both positive and negative amenity impacts.

Suggested Citation

  • Grimes, Arthur & Young, Chris, 2013. "Spatial effects of urban rail upgrades," Journal of Transport Geography, Elsevier, vol. 30(C), pages 1-6.
    • Handle: RePEc:eee:jotrge:v:30:y:2013:i:c:p:1-6
    DOI: 10.1016/j.jtrangeo.2013.02.003
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    10. Kay, Andrew I. & Noland, Robert B. & DiPetrillo, Stephanie, 2014. "Residential property valuations near transit stations with transit-oriented development," Journal of Transport Geography, Elsevier, vol. 39(C), pages 131-140.
    11. Yang, Jiawen & Chen, Junxian & Le, Xiaohui & Zhang, Qin, 2016. "Density-oriented versus development-oriented transit investment: Decoding metro station location selection in Shenzhen," Transport Policy, Elsevier, vol. 51(C), pages 93-102.
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    13. Camins-Esakov, Jacob & Vandegrift, Donald, 2018. "Impact of a light rail extension on residential property values," Research in Transportation Economics, Elsevier, vol. 67(C), pages 11-18.
    14. Liang, Cong & Huang, Yaoxuan & Yip, Tsz Leung & Li, Victor Jing, 2022. "Does rail transit development gentrify neighborhoods? Evidence from Hong Kong," Transportation Research Part A: Policy and Practice, Elsevier, vol. 155(C), pages 354-372.
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    16. Seya, Hajime & Yoshida, Takahiro & Tsutsumi, Morito, 2016. "Ex-post identification of geographical extent of benefited area by a transportation project: Functional data analysis method," Journal of Transport Geography, Elsevier, vol. 55(C), pages 1-10.
    17. Fesselmeyer, Eric & Liu, Haoming, 2018. "How much do users value a network expansion? Evidence from the public transit system in Singapore," Regional Science and Urban Economics, Elsevier, vol. 71(C), pages 46-61.
    18. D’Arcangelo, Filippo Maria & Percoco, Marco, 2015. "Housing rent and road pricing in Milan: Evidence from a geographical discontinuity approach," Transport Policy, Elsevier, vol. 44(C), pages 108-116.
    19. Comber, Sam & Arribas-Bel, Dani, 2017. "“Waiting on the train”: The anticipatory (causal) effects of Crossrail in Ealing," Journal of Transport Geography, Elsevier, vol. 64(C), pages 13-22.

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