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• W2238004493 abstract "This study investigates the ex post impact of the Beijing-Shanghai high speed rail (BJHSR) on housing values. A dataset including 1,016 housing communities from the 22 cities along the BJHSR line are analyzed in the tradition of the hedonic pricing model using three estimation procedures: a robust ordinary-least square regression, a Box-Cox transformation technique and a spatial econometric model. After controlling for physical characteristics of housing property, neighboring environment and locational accessibility, the study finds that the establishment of the BJHSR service 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. This may be the results of the competitive nature of housing market in Chinese capital cities." @default.
• W2238004493 created "2016-06-24" @default.
• W2238004493 creator A5074107793 @default.
• W2238004493 creator A5086368014 @default.
• W2238004493 date "2014-01-01" @default.
• W2238004493 modified "2023-09-23" @default.
• W2238004493 title "Spatial Dynamics of the Chinese High Speed Rail: Impact Assessment on Real Estate Price" @default.
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• W2238004493 doi "https://doi.org/10.2139/ssrn.2532626" @default.
• W2238004493 hasPublicationYear "2014" @default.
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