Housing impact of long-distance high speed rail

.

Chapter 4 in High Speed Rail and China’s New Economic Geography, 2019, pp 100-125 from Edward Elgar Publishing

Abstract: Chapter 4 investigates the impact of long-distance HSR on housing prices in China. The analysis focuses on the 1,016 housing communities in 22 cities along the Beijing-Shanghai HSR line. The tradition of the hedonic pricing model was adopted using three estimation procedures: a robust ordinary-least squares regression, a Box-Cox transformation technique and a spatial econometric model. After controlling for the physical characteristics of housing property, the neighboring environment and locational accessibility, the study finds that the establishment of the Beijing-Shanghai HSR line has a considerable regional impact (including local effects and spillover effects) on housing values in medium and small cities but a negligible impact in larger capital cities.

Keywords: Asian Studies; Economics and Finance; Geography; Urban and Regional Studies (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.elgaronline.com/view/9781785366031/chapter04.xhtml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:17024_4

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().