Reconsidering the Impact of Access to Transit on Local Land Markets

Redfearn, Christian L.; METRANS Transportation Center (Calif.); University of Southern California. Sol Price School of Public Policy

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Reconsidering the Impact of Access to Transit on Local Land Markets

2015-09-01
By Redfearn, Christian L.

[PDF-2.04 MB]

English

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Details:

Creators:

Redfearn, Christian L.
Corporate Creators:

METRANS Transportation Center (Calif.) ; University of Southern California. Sol Price School of Public Policy

METRANS Transportation Center (Calif.) ; University of Southern California. Sol Price School of Public Policy Less -
Corporate Contributors:

United States. Department of Transportation. University Transportation Centers (UTC) Program ; United States. Department of Transportation. Office of the Assistant Secretary for Research and Technology ; California Department of Transportation. Division of Research, Innovation and System Information

United States. Department of Transportation. University Transportation Centers (UTC) Program ; United States. Department of Transportation. Office of the Assistant Secretary for Research and Technology ; California Department of Transportation. Division of Research, Innovation and System Information Less -
Subject/TRT Terms:

[+]

Access Demand Differences-in-differences Employment Land Use Rail Transit Rail Transit Stations Value Capture
Resource Type:

Tech Report
Geographical Coverage:

Los Angeles County (California) ; United States

Los Angeles County (California) ; United States Less -
Corporate Publisher:

METRANS Transportation Center (Calif.)
Abstract:

This research assesses the impact of new passenger rail stations on changes in land use intensity in Los Angeles County. In the county, employment outside downtown is concentrated in nodes with 3.2 million jobs (about half of all jobs in the metropolitan area). Making use of the employment centers as units of analysis reveals significant growth in both employment and population density around new stations. These results are useful for policy makers interested in assessing the indirect benefits of investment in new stations. The results are also informative for those using the Differences-in-differences approach in urban settings. While the effects of new stations are significant and positive, there is marked heterogeneity across stations, suggesting that more research is needed to understand the link between new stations and subsequent changes in land use.
Format:

PDF
Funding:

METRANS 11-08
Collection(s):

University Transportation Centers
Main Document Checksum:

[+]

urn:sha256:ddbb405bfc8f5e165e4a4a4a759361f7450de8450f044ea3c4bee1fe430b1067
Download URL:

https://rosap.ntl.bts.gov/view/dot/67886/dot_67886_DS1.pdf
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Reconsidering the Impact of Access to Transit on Local Land Markets

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