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- W2078708085 abstract "The purpose of this paper is to develop a method to estimate benefits and costs using capital gains of property value and to present the balance sheet of benefits and costs of related agents and interest groups. First in order to identify the relationship between the benefits of a railway project and the capital gains, the study discusses how the effects of the project spread out and how they change the land price. Then the study proposes to estimate the capital gain of property value by three approaches. i. e, i) land price function, ii) real estate appraisal method, and iii) the study area and control area comparison method to measure the benefits of the project for ex-post analysis. Secondly to estimate the future land use and the lard price with and without the railway project, land use and transport model is developed for ex-ante analysis. These results demonstrate the applicability of the method to estimate equitable cost bearing for urban railway improvements." @default.
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- W2078708085 date "1986-01-20" @default.
- W2078708085 modified "2023-09-24" @default.
- W2078708085 title "THE ESTIMATION OF CAPITAL GAINS OF PROPERTY VALUE FOR EQUITABLE COST BEARING OF URBAN RAILWAY IMPROVEMENT" @default.
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- W2078708085 doi "https://doi.org/10.2208/jscej.1986.135" @default.
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