An integrated causal framework to evaluate uplift value with an example on change in public transport supply

Jean Dubé, Julie Le Gallo, François Des Rosiers, Diègo Legros and Marie-Pier Champagne
Additional contact information
François Des Rosiers: ULaval - Université Laval [Québec]
Diègo Legros: LEDi - Laboratoire d'Economie de Dijon [Dijon] - UB - Université de Bourgogne - UBFC - Université Bourgogne Franche-Comté [COMUE]
Marie-Pier Champagne: ULaval - Université Laval [Québec]

Post-Print from HAL

Abstract: Many empirical applications aim to isolate the impact of implementing new public transport on real estate uplift value. While their conclusions generally point to positive impact, due to reduction in transportation cost, the methodological framework to investigate uplift value has largely evolved over time. This paper reviews the different methodological challenges in measuring causal uplift value and proposes an adjusted parametric approach inspired from the Alonso-Muth-Mills model, returning a complex 2-D price premium function allowing for spatial heterogeneous patterns of the average treatment effect. The proposed framework also accounts for other methodological challenges underlined by literature such as spatial autocorrelation, selectivity and representativity issues, and possible anticipation effects. To illustrate the importance of methodological choices on estimation results, the framework is applied to the case of the implementation of a bus rapid transit (BRT) system in Québec City, a medium-size Canadian city, as a specific case study.

Keywords: transport infrastructure; uplift value; causal analysis; Difference-in-differences; Propensity score matching; Selectivity bias (search for similar items in EconPapers)
Date: 2024-05-01
References: Add references at CitEc
Citations:

Published in Transportation Research Part E: Logistics and Transportation Review, 2024, 185 (online), pp.103500. ⟨10.1016/j.tre.2024.103500⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: An integrated causal framework to evaluate uplift value with an example on change in public transport supply (2024)
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:hal:journl:hal-04733196

DOI: 10.1016/j.tre.2024.103500

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD (hal@ccsd.cnrs.fr).