Showing 1 - 10 of 32
Over 140 billion CNY (1GBP=10CNY) has been spent between 2000 and 2012 in Beijing on the construction of new rail transit lines. This massive public investment allows me to examine the consequences of transport improvements for land prices near rail stations. Using unique vacant parcel-specific...
Persistent link: https://www.econbiz.de/10011125946
Development of urban transport infrastructures is a key policy focus---particularly in countries like China which have experienced fast urbanisation over the past decade. While existing studies provide marginal values for rail access on the real estate market, little is known about the...
Persistent link: https://www.econbiz.de/10011126107
Using parks as an example, this paper explores the robustness and sources of spatial variation in the estimated amenity values using an extended geographically weighted regression (GWR) technique. This analysis, illustrated with estimates using geo-coded data from Beijing’s residential land...
Persistent link: https://www.econbiz.de/10011126352
This policy paper is concerned with rural policy. It spells out the lessons for rural policy that emerge from recent SERC research.
Persistent link: https://www.econbiz.de/10011126067
Steve Gibbons describes how a series of influential CEP studies has confirmed the widespread belief that there is a link between house prices and the quality of local schools – and explains the nuances of the findings and their significance for public policy for education, cities and social...
Persistent link: https://www.econbiz.de/10011126167
In most countries economic prosperity is very unevenly distributed across space: regions, cities and neighbourhoods seem to be very unequal, whether we look at average earnings, employment, education or almost any other socio-economic outcome. Regional, urban and neighbourhood policies are often...
Persistent link: https://www.econbiz.de/10011126214
This policy note spells out lessons for rural policy that emerge from recent SERC research. It summarises a SERC policy paper available at http://www.spatialeconomics.ac.uk/textonly/SERC/publications/download/sercpp008.pdf
Persistent link: https://www.econbiz.de/10011126471
We argue that identification problems bedevil most applied spatial research. Spatial econometrics solves these problems by deriving estimators assuming that functional forms are known and by using model comparison techniques to let the data choose between competing specifications. We argue that...
Persistent link: https://www.econbiz.de/10010745382
Geographical distance between parental home and college poses a potential barrier to higher education entry, and could be a deciding factor when choosing between institutions. Some students may be constrained in their education choices because they cannot afford to leave home, or have personal...
Persistent link: https://www.econbiz.de/10010745731
This paper estimates the impact of recorded domestic property crime on property prices in the London area. Crimes in the Criminal Damage category have a significant negative impact on prices. Burglaries have no measurable impact on prices, even after allowing for the potential dependence of...
Persistent link: https://www.econbiz.de/10010745875