Welcome to the National Transport Library Catalogue

Normal view MARC view

Rail Transit Impacts on Land Use : Evidence from Shanghai, China Pan, Haixiao ; Zhang, Ming

By: Contributor(s): Series: ; 2048Publication details: Transportation Research Record: Journal of the Transportation Research Board, 2008Description: s. 16-25ISBN:
  • 9780309113212
Subject(s): Bibl.nr: VTI P8167:2048Location: Abstract: China has experienced a major boom in rail transit development in the past 10 years. Yet the evidence that rail transit is shaping urban travel and land development in Chinese cities has been scarcely studied and reported to the outside world. This paper attempts to fill the knowledge gap through a Shanghai case study. Evidence from Shanghai on changes in land use associated with rail transit is consistent with what the classical urban economics theory suggests: higher development intensity and more capital-intensive land uses occur in more accessible areas near train stations. Hedonic price modeling shows that the transit proximity premium amounts to approximately 152 yuan/m‚² for every 100 m closer to a metro station. In Shanghai, rail transit is a magnet that attracts new development or redevelopment to areas that the system covers. The rail transit system is therefore shaping urban expansion and restructuring Shanghai; this will in turn lead to efficient use of the limited urban land resources.
Item type: Reports, conferences, monographs
Holdings
Current library Status
Statens väg- och transportforskningsinstitut Available

China has experienced a major boom in rail transit development in the past 10 years. Yet the evidence that rail transit is shaping urban travel and land development in Chinese cities has been scarcely studied and reported to the outside world. This paper attempts to fill the knowledge gap through a Shanghai case study. Evidence from Shanghai on changes in land use associated with rail transit is consistent with what the classical urban economics theory suggests: higher development intensity and more capital-intensive land uses occur in more accessible areas near train stations. Hedonic price modeling shows that the transit proximity premium amounts to approximately 152 yuan/m‚² for every 100 m closer to a metro station. In Shanghai, rail transit is a magnet that attracts new development or redevelopment to areas that the system covers. The rail transit system is therefore shaping urban expansion and restructuring Shanghai; this will in turn lead to efficient use of the limited urban land resources.