Transportation finance has been historically dominated by assessing taxes totransportation users and taxes on the general public. Innovative financing mechanismssuch as tax increment financing, special assessment districts, and others represent valuecapture techniques that tax property owners to...

China's price fluctuations increasingly exhibit significant structural characteristics, and since 2003, there have been several rounds of significant structural price rise. The degree of structural rise in the prices of industrial and agricultural products in China is not only higher than in the...

Based on the Chinese provincial panel data during the period 2003-2010, we conduct empirical test on whether China's rapidly rising prices of agricultural products narrow the urban-rural income gap. The empirical results indicate that the effects of rising agricultural prices on the urban-rural...

Based on the analysis methods of non-parametric Malmquist index and spatial econometrics as well as the panel data of provinces in 2007-2010, this paper estimates the efficiency of fiscal expenditure from local governments in china in terms of reducing the income gap between urban and rural...

We establish the two-sector economy model including the urban sector and the rural sector, derive the labor demand curve of the urban sector and rural sector under the condition of balanced production decisions with benefit maximization, and analyze the labor flow when in the short-term or...

Foreign real estate investment funds have recently been added to the practical investment opportunity sets of ordinary Japanese investors. This paper analyzes the additional diversification benefits of U.S. REITs and Australian listed property trusts (LPTs) for Japanese investors who already...

Literature regarding transit’s impact on land values reports mixed results concerning the economic benefits of accessibility to subway stations, specifically regarding commercial properties. After examining 731 commercial land values in Seoul, Korea, this study suggests a possible explanation...

Land use patterns and its change lie at the heart of modern theories of urban spatial structure, as land use deals essentially with the spatial aspects of all human activities on land and the way in which the earth's surface is adapted, or could be adapted, to serve human needs. People's print...

Transportation systems are the glue that binds together American cities. From the first boulevard, through the horse-drawn streetcars of the 19th Century, through the electric trolleys of the early 1900s, to the freeways of the post-World War II era, transportation investments have long played a...

It has become popular in recent days to suggest that rail mass transit investment can be a useful implementation lever for guiding urban growth (Calthorpe, 1993; Katz, 1993). It is often argued that rail mass transit extensions, along with supportive land use policies, will encourage higher...