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dc.contributor.authorZhang, Minen_US
dc.contributor.authorYen, Barbara T. H.en_US
dc.date.accessioned2020-10-05T01:59:48Z-
dc.date.available2020-10-05T01:59:48Z-
dc.date.issued2020-07-01en_US
dc.identifier.issn0264-8377en_US
dc.identifier.urihttp://dx.doi.org/10.1016/j.landusepol.2020.104684en_US
dc.identifier.urihttp://hdl.handle.net/11536/154928-
dc.description.abstractThroughout the world, Bus Rapid Transit (BRT) has become a popular transit solution for cities wanting to improve urban mobility and economic opportunities through land and property value uplift (LVU). However, the relevant literature reports a mixed impact of BRT on land and property values. This research aims to explain the variation in impacts by conducting a meta-analysis of 23 empirical studies which have estimated the amount of LVU that is attributable to BRT. Using a random-effects model, four categories of factors that may influence estimates of BRT impacts are analysed: BRT system characteristics; land type and accessibility; research methods; and the spatial and temporal characteristics of the case study. Several factors were found to have a statistically significant impact on estimated LVU impacts from BRT systems including maturity of the BRT system; property or land; type of value (asking price, assessed price or sales price); the distance to BRT stations; the research method; and the geographical location of the BRT system. Using the quantifiability advantages of meta-analysis techniques, we further conducted a broad comparison between our results and the findings from one previous meta-analysis study on Rail-Based Transit (RBT), and discussed how the LVU impact differs between BRT and RBT. The findings from this research suggest several key recommendations for future studies into the impact of BRT on land and property values. They also inform policy analyses on transit funding through land and property value gains.en_US
dc.language.isoen_USen_US
dc.subjectBus Rapid Transiten_US
dc.subjectland value upliften_US
dc.subjectvalue captureen_US
dc.subjectmeta-analysisen_US
dc.subjectrandom effects modelen_US
dc.titleThe impact of Bus Rapid Transit (BRT) on land and property values: A meta-analysisen_US
dc.typeArticleen_US
dc.identifier.doi10.1016/j.landusepol.2020.104684en_US
dc.identifier.journalLAND USE POLICYen_US
dc.citation.volume96en_US
dc.citation.spage0en_US
dc.citation.epage0en_US
dc.contributor.department運輸與物流管理系 註:原交通所+運管所zh_TW
dc.contributor.departmentDepartment of Transportation and Logistics Managementen_US
dc.identifier.wosnumberWOS:000541149900007en_US
dc.citation.woscount0en_US
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