Abstract Define a transportation improvement's “impact zone” as the area within which resident households and business firms regularly utilize the improvement. Three simple parables suggest that the increases in impact-zone land rents that usually accompany improvements do not accurately reflect its benefits. Seemingly modest variations in the demand and supply relationships that characterize impact-zone residents can have major effects on the relationship between benefits received and the land-rent changes that are measured. Generally speaking, increases in impact-zone land rents substantially understate benefits unless these benefits are small either absolutely (because the improvement is modest) or relatively (because the impact zone is part of a homogeneous area of much larger size).


    Access

    Access via TIB

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

    Land rents and transport improvements: Some urban parables


    Contributors:

    Published in:

    Publication date :

    1993




    Type of media :

    Article (Journal)


    Type of material :

    Print


    Language :

    English



    Classification :

    BKL:    55.80 Verkehrswesen, Transportwesen: Allgemeines / 74.75 Verkehrsplanung, Verkehrspolitik
    Local classification TIB:    535/7000



    Estimating Space Rents and Land Values in Alberta

    Hunt, JD / Silva, A / Abraham, JE | IEEE | 2019


    ON RENTS

    V. V. Mnishko | DOAJ | 2016

    Free access

    Streetcars and Real Estate Rents with Implications for Transit and Land Use Planning

    Nelson, Arthur C. / Hibberd, Robert | Transportation Research Record | 2019


    Transit and Real Estate Rents

    Nelson, Arthur C. | Transportation Research Record | 2017