IDEAS home Printed from https://ideas.repec.org/a/eee/lauspo/v104y2021ics0264837721000727.html
   My bibliography  Save this article

Measuring retailers’ perceptions of new metro stations inauguration

Author

Listed:
  • Pagliara, Francesca
  • Russo, Lucia
  • Aria, Massimo

Abstract

The choice of locating a retail store in a given area is among the most important decisions that retailers have to make for the long term success of their business. A good location allows for easy access, attracts customers and increases sales. This paper proposes an ex-ante analysis by measuring retailers’ perceptions with respect to the inauguration of new metro stations. Main findings show that the increase of accessibility brought by new interventions in the transit system increases the attractiveness of the area for retailer’s shops location choice. The evaluation of the attitudes of prospective retailers represents original insights into the dynamics of transit networks and the economic viability of local retailers.

Suggested Citation

  • Pagliara, Francesca & Russo, Lucia & Aria, Massimo, 2021. "Measuring retailers’ perceptions of new metro stations inauguration," Land Use Policy, Elsevier, vol. 104(C).
  • Handle: RePEc:eee:lauspo:v:104:y:2021:i:c:s0264837721000727
    DOI: 10.1016/j.landusepol.2021.105349
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0264837721000727
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.landusepol.2021.105349?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Gibbons, Stephen & Lyytikäinen, Teemu & Overman, Henry G. & Sanchis-Guarner, Rosa, 2019. "New road infrastructure: The effects on firms," Journal of Urban Economics, Elsevier, vol. 110(C), pages 35-50.
    2. Golob, Thomas F., 2003. "Structural equation modeling for travel behavior research," Transportation Research Part B: Methodological, Elsevier, vol. 37(1), pages 1-25, January.
    3. Mejia-Dorantes, Lucia & Paez, Antonio & Vassallo, Jose Manuel, 2012. "Transportation infrastructure impacts on firm location: the effect of a new metro line in the suburbs of Madrid," Journal of Transport Geography, Elsevier, vol. 22(C), pages 236-250.
    4. Grace Lee & Edwin Chan, 2008. "The Analytic Hierarchy Process (AHP) Approach for Assessment of Urban Renewal Proposals," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 89(1), pages 155-168, October.
    5. Mingardo, G. & van Meerkerk, J., 2012. "Is parking supply related to turnover of shopping areas? The case of the Netherlands," Journal of Retailing and Consumer Services, Elsevier, vol. 19(2), pages 195-201.
    6. Tyrinopoulos, Yannis & Antoniou, Constantinos, 2008. "Public transit user satisfaction: Variability and policy implications," Transport Policy, Elsevier, vol. 15(4), pages 260-272, July.
    7. Xu, Tao & Zhang, Ming & Aditjandra, Paulus T., 2016. "The impact of urban rail transit on commercial property value: New evidence from Wuhan, China," Transportation Research Part A: Policy and Practice, Elsevier, vol. 91(C), pages 223-235.
    8. Gary Pivo & Jeffrey D. Fisher, 2011. "The Walkability Premium in Commercial Real Estate Investments," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 39(2), pages 185-219, June.
    9. Zheng, Siqi & Hu, Xiaoke & Wang, Jianghao & Wang, Rui, 2016. "Subways near the subway: Rail transit and neighborhood catering businesses in Beijing," Transport Policy, Elsevier, vol. 51(C), pages 81-92.
    10. Cascetta, Ennio & Cartenì, Armando, 2014. "The hedonic value of railways terminals. A quantitative analysis of the impact of stations quality on travellers behaviour," Transportation Research Part A: Policy and Practice, Elsevier, vol. 61(C), pages 41-52.
    11. Holl, Adelheid, 2004. "Manufacturing location and impacts of road transport infrastructure: empirical evidence from Spain," Regional Science and Urban Economics, Elsevier, vol. 34(3), pages 341-363, May.
    12. Cervero, Robert, 1994. "Transit-based housing in California: evidence on ridership impacts," Transport Policy, Elsevier, vol. 1(3), pages 174-183, June.
    13. Richard Voith, 1991. "Transportation, Sorting and House Values," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 19(2), pages 117-137, June.
    14. Lee Cronbach, 1951. "Coefficient alpha and the internal structure of tests," Psychometrika, Springer;The Psychometric Society, vol. 16(3), pages 297-334, September.
    15. Monecke, Armin & Leisch, Friedrich, 2012. "semPLS: Structural Equation Modeling Using Partial Least Squares," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 48(i03).
    16. Nocera, Silvio & Fabio, Alberto & Cavallaro, Federico, 2020. "The adoption of grid transit networks in non-metropolitan contexts," Transportation Research Part A: Policy and Practice, Elsevier, vol. 132(C), pages 256-272.
    17. Tenenhaus, Michel & Vinzi, Vincenzo Esposito & Chatelin, Yves-Marie & Lauro, Carlo, 2005. "PLS path modeling," Computational Statistics & Data Analysis, Elsevier, vol. 48(1), pages 159-205, January.
    18. Ben-Akiva, Moshe & McFadden, Daniel & Train, Kenneth & Börsch-Supan, Axel, 2002. "Hybrid Choice Models: Progress and Challenges," Sonderforschungsbereich 504 Publications 02-29, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Peng Dai & Song Han & Guannan Fu & Hui Fu & Yanjun Wang, 2023. "Optimization Path of Metro Commercial Passageway Based on Computational Analysis," Sustainability, MDPI, vol. 15(14), pages 1-20, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Donny Oktavian Syah, 2019. "Identifying vertical partnership among automotive component companies: empirical evidence from automotive industry in Jabodetabek, Indonesia," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 8(1), pages 1-25, December.
    2. Mandhani, Jyoti & Nayak, Jogendra Kumar & Parida, Manoranjan, 2020. "Interrelationships among service quality factors of Metro Rail Transit System: An integrated Bayesian networks and PLS-SEM approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 140(C), pages 320-336.
    3. Champagne, Marie-Pier & Dubé, Jean, 2023. "The impact of transport infrastructure on firms’ location decision: A meta-analysis based on a systematic literature review," Transport Policy, Elsevier, vol. 131(C), pages 139-155.
    4. Allen, Jaime & Muñoz, Juan Carlos & Ortúzar, Juan de Dios, 2018. "Modelling service-specific and global transit satisfaction under travel and user heterogeneity," Transportation Research Part A: Policy and Practice, Elsevier, vol. 113(C), pages 509-528.
    5. Ahmad Adeel & Bruno Notteboom & Ansar Yasar & Kris Scheerlinck & Jeroen Stevens, 2021. "Sustainable Streetscape and Built Environment Designs around BRT Stations: A Stated Choice Experiment Using 3D Visualizations," Sustainability, MDPI, vol. 13(12), pages 1-21, June.
    6. Mohsin, Asad & Lengler, Jorge & Aguzzoli, Roberta, 2015. "Staff turnover in hotels: Exploring the quadratic and linear relationships," Tourism Management, Elsevier, vol. 51(C), pages 35-48.
    7. Holl, Adelheid, 2016. "Highways and productivity in manufacturing firms," Journal of Urban Economics, Elsevier, vol. 93(C), pages 131-151.
    8. Mayer, Thierry & Trevien, Corentin, 2017. "The impact of urban public transportation evidence from the Paris region," Journal of Urban Economics, Elsevier, vol. 102(C), pages 1-21.
    9. Jomnonkwao, Sajjakaj & Ratanavaraha, Vatanavongs, 2016. "Measurement modelling of the perceived service quality of a sightseeing bus service: An application of hierarchical confirmatory factor analysis," Transport Policy, Elsevier, vol. 45(C), pages 240-252.
    10. Cervero, Robert & Duncan, Michael, 2008. "Residential Self Selection and Rail Commuting: A Nested Logit Analysis," University of California Transportation Center, Working Papers qt72p9n6qt, University of California Transportation Center.
    11. Syyed Adnan Raheel Shah & Naveed Ahmad & Yongjun Shen & Ali Pirdavani & Muhammad Aamir Basheer & Tom Brijs, 2018. "Road Safety Risk Assessment: An Analysis of Transport Policy and Management for Low-, Middle-, and High-Income Asian Countries," Sustainability, MDPI, vol. 10(2), pages 1-30, February.
    12. Sergeja Slapničar & Adriana Rejc Buhovac, 2014. "Identifying temporal relationships within multidimensional performance measurement," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 15(5), pages 978-993, November.
    13. Santoso, Djoen San & Yajima, Masaru & Sakamoto, Kunihiro & Kubota, Hisashi, 2012. "Opportunities and strategies for increasing bus ridership in rural Japan: A case study of Hidaka City," Transport Policy, Elsevier, vol. 24(C), pages 320-329.
    14. Ioannis BARAKLIANOS & Louafi BOUZOUINA & Patrick BONNEL, 2018. "The impact of accessibility on the location choices of the business services. Evidence from Lyon urban area," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 48, pages 85-104.
    15. Assemi, Behrang & Hickman, Mark, 2018. "Relationship between heavy vehicle periodic inspections, crash contributing factors and crash severity," Transportation Research Part A: Policy and Practice, Elsevier, vol. 113(C), pages 441-459.
    16. Adu-Gyamfi, Albert, 2020. "Planning for peri urbanism: Navigating the complex terrain of transport services," Land Use Policy, Elsevier, vol. 92(C).
    17. Chang, Huibin & Indra, Debarshi & Maiti, Abhradeep, 2023. "Metropolitan area heterogeneity and the impact of road infrastructure improvements on VMT," Transportation Research Part A: Policy and Practice, Elsevier, vol. 175(C).
    18. Joseph F. Hair & G. Tomas M. Hult & Christian M. Ringle & Marko Sarstedt & Kai Oliver Thiele, 2017. "Mirror, mirror on the wall: a comparative evaluation of composite-based structural equation modeling methods," Journal of the Academy of Marketing Science, Springer, vol. 45(5), pages 616-632, September.
    19. Jian Yang & Jian Ming Luo & Ivan Ka Wai Lai, 2021. "Construction of Leisure Consumer Loyalty from Cultural Identity—A Case of Cantonese Opera," Sustainability, MDPI, vol. 13(4), pages 1-16, February.
    20. Shmueli, Galit & Ray, Soumya & Velasquez Estrada, Juan Manuel & Chatla, Suneel Babu, 2016. "The elephant in the room: Predictive performance of PLS models," Journal of Business Research, Elsevier, vol. 69(10), pages 4552-4564.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:lauspo:v:104:y:2021:i:c:s0264837721000727. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joice Jiang (email available below). General contact details of provider: https://www.journals.elsevier.com/land-use-policy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.