The Impact of Bus Rapid Transit on Land Development: A Case Study of Beijing, China

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Nelson"> <meta name="citation_publication_date" content="2010/06/22"> <meta name="citation_journal_title" content="International Journal of Humanities and Social Sciences"> <meta name="citation_volume" content="4"> <meta name="citation_issue" content="6"> <meta name="citation_firstpage" content="1169"> <meta name="citation_lastpage" content="1179"> <meta name="citation_pdf_url" content="https://publications.waset.org/14464/pdf"> <link href="https://cdn.waset.org/favicon.ico" type="image/x-icon" rel="shortcut icon"> <link href="https://cdn.waset.org/static/plugins/bootstrap-4.2.1/css/bootstrap.min.css" rel="stylesheet"> <link href="https://cdn.waset.org/static/plugins/fontawesome/css/all.min.css" rel="stylesheet"> <link href="https://cdn.waset.org/static/css/site.css?v=150220211555" rel="stylesheet"> </head> <body> <header> <div class="container"> <nav class="navbar navbar-expand-lg navbar-light"> <a class="navbar-brand" href="https://waset.org"> <img src="https://cdn.waset.org/static/images/wasetc.png" alt="Open Science Research Excellence" title="Open Science Research Excellence" /> </a> <button class="d-block d-lg-none navbar-toggler ml-auto" type="button" data-toggle="collapse" data-target="#navbarMenu" aria-controls="navbarMenu" aria-expanded="false" aria-label="Toggle navigation"> <span class="navbar-toggler-icon"></span> </button> <div class="w-100"> <div class="d-none d-lg-flex flex-row-reverse"> <form method="get" action="https://waset.org/search" class="form-inline my-2 my-lg-0"> <input class="form-control mr-sm-2" type="search" placeholder="Search Conferences" value="" name="q" aria-label="Search"> <button class="btn btn-light my-2 my-sm-0" type="submit"><i class="fas fa-search"></i></button> </form> </div> <div class="collapse navbar-collapse mt-1" id="navbarMenu"> <ul class="navbar-nav ml-auto align-items-center" id="mainNavMenu"> <li class="nav-item"> <a class="nav-link" href="https://waset.org/conferences" title="Conferences in 2024/2025/2026">Conferences</a> </li> <li class="nav-item"> <a class="nav-link" href="https://waset.org/disciplines" title="Disciplines">Disciplines</a> </li> <li class="nav-item"> <a class="nav-link" href="https://waset.org/committees" rel="nofollow">Committees</a> </li> <li class="nav-item dropdown"> <a class="nav-link dropdown-toggle" href="#" id="navbarDropdownPublications" role="button" data-toggle="dropdown" aria-haspopup="true" aria-expanded="false"> Publications </a> <div class="dropdown-menu" aria-labelledby="navbarDropdownPublications"> <a class="dropdown-item" href="https://publications.waset.org/abstracts">Abstracts</a> <a class="dropdown-item" href="https://publications.waset.org">Periodicals</a> <a class="dropdown-item" href="https://publications.waset.org/archive">Archive</a> </div> </li> <li class="nav-item"> <a class="nav-link" href="https://waset.org/page/support" title="Support">Support</a> </li> </ul> </div> </div> </nav> </div> </header> <main> <div class="container mt-4"> <div class="row"> <div class="col-md-9 mx-auto"> <form method="get" action="https://publications.waset.org/search"> <div id="custom-search-input"> <div class="input-group"> <i class="fas fa-search"></i> <input type="text" class="search-query" name="q" placeholder="Author, Title, Abstract, Keywords" value=""> <input type="submit" class="btn_search" value="Search"> </div> </div> </form> </div> </div> <div class="row mt-3"> <div class="col-sm-3"> <div class="card"> <div class="card-body"><strong>Commenced</strong> in January 2007</div> </div> </div> <div class="col-sm-3"> <div class="card"> <div class="card-body"><strong>Frequency:</strong> Monthly</div> </div> </div> <div class="col-sm-3"> <div class="card"> <div class="card-body"><strong>Edition:</strong> International</div> </div> </div> <div class="col-sm-3"> <div class="card"> <div class="card-body"><strong>Paper Count:</strong> 33093</div> </div> </div> </div> <div class="card publication-listing mt-3 mb-3"> <h5 class="card-header" style="font-size:.9rem">The Impact of Bus Rapid Transit on Land Development: A Case Study of Beijing, China</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/search?q=Taotao%20Deng">Taotao Deng</a>, <a href="https://publications.waset.org/search?q=John%20D.%20Nelson"> John D. Nelson</a> </p> <p class="card-text"><strong>Abstract:</strong></p> <p>Bus Rapid Transit (BRT) has emerged as a cost-effective transport system for urban mobility. However its ability to stimulate land development remains largely unexplored. The study makes use of qualitative (interview method) and quantitative analysis (questionnaire survey and longitudinal analysis of property data) to investigate land development impact resulting from BRT in Beijing, China. The empirical analysis suggests that BRT has a positive impact on the residential and commercial property attractiveness along the busway corridor. The statistical analysis suggests that accessibility advantage conferred by BRT is capitalized into higher property price. The average price of apartments adjacent to a BRT station has gained a relatively faster increase than those not served by the BRT system. The capitalization effect mostly occurs after the full operation of BRT, and is more evident over time and particularly observed in areas which previously lack alternative mobility opportunity.</p> <iframe src="https://publications.waset.org/14464.pdf" style="width:100%; height:400px;" frameborder="0"></iframe> <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/search?q=accessibility" title="accessibility">accessibility</a>, <a href="https://publications.waset.org/search?q=Bus%20Rapid%20Transit%20%28BRT%29" title=" Bus Rapid Transit (BRT)"> Bus Rapid Transit (BRT)</a>, <a href="https://publications.waset.org/search?q=Beijing" title=" Beijing"> Beijing</a>, <a href="https://publications.waset.org/search?q=property%20value%20uplift" title="property value uplift">property value uplift</a> </p> <p class="card-text"><strong>Digital Object Identifier (DOI):</strong> <a href="https://doi.org/10.5281/zenodo.1083021" target="_blank">doi.org/10.5281/zenodo.1083021</a> </p> <a href="https://publications.waset.org/14464/the-impact-of-bus-rapid-transit-on-land-development-a-case-study-of-beijing-china" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/14464/apa" target="_blank" rel="nofollow" class="btn btn-primary btn-sm">APA</a> <a href="https://publications.waset.org/14464/bibtex" target="_blank" rel="nofollow" class="btn btn-primary btn-sm">BibTeX</a> <a href="https://publications.waset.org/14464/chicago" target="_blank" rel="nofollow" class="btn btn-primary btn-sm">Chicago</a> <a href="https://publications.waset.org/14464/endnote" target="_blank" rel="nofollow" class="btn btn-primary btn-sm">EndNote</a> <a href="https://publications.waset.org/14464/harvard" target="_blank" rel="nofollow" class="btn btn-primary btn-sm">Harvard</a> <a href="https://publications.waset.org/14464/json" target="_blank" rel="nofollow" class="btn btn-primary btn-sm">JSON</a> <a href="https://publications.waset.org/14464/mla" target="_blank" rel="nofollow" class="btn btn-primary btn-sm">MLA</a> <a href="https://publications.waset.org/14464/ris" target="_blank" rel="nofollow" class="btn btn-primary btn-sm">RIS</a> <a href="https://publications.waset.org/14464/xml" target="_blank" rel="nofollow" class="btn btn-primary btn-sm">XML</a> <a href="https://publications.waset.org/14464/iso690" target="_blank" rel="nofollow" class="btn btn-primary btn-sm">ISO 690</a> <a href="https://publications.waset.org/14464.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">4605</span> </span> <p class="card-text"><strong>References:</strong></p> <br>[1] Jarzab, J T, Lightbody, J. and Maeda, E. (2002) Characteristics of Bus Rapid Transit Projects: An Overview, Journal of Public Transportation, 5 (2), pp. 31-46. <br>[2] Hensher, D. A., Sustainable public transport systems: Moving towards a value for money and network-based approach and away from blind commitment, Transport Policy, 2007, 14, pp 98-102. <br>[3] Levinson, H., Zimmerman, S., Clinger, J., Rutherford, S., Smith, R. L., Cracknell, J. and Soberman, R., 2003a. TCRP Report 90: Bus Rapid Transit, Vol. 1, Case Studies in Bus Rapid Transit, Transportation Research Board of the National Academies, Washington, DC. <br>[4] Levinson, H., Zimmerman, S., Clinger, J., Gast, J., Rutherford, S. and Bruhn, E., 2003b. TCRP Report 90: Bus Rapid Transit, Vol. 2, Implementation Guidelines, Transportation Research Board of the National Academies, Washington, DC. <br>[5] Wright, L.and Hook, W. (2007) Bus Rapid Transit Planning Guide, Institute for Transportation & Development Policy, New York, USA. <br>[6] Enoch, M., Ison, S. and Ptter, S. (2004) Recapturing value from property owners and developers to finance public transport a review of possible mechanisms, Paper presented at the European Transport Conference 2004, October, Strasbourg. <br>[7] Banister, D. (2005) Property values and public transport investment, Paper presented at the European Transport Conference 2005, October, Strasbourg. <br>[8] Rodi'guez, D. A. and Targa, F. (2004) Value of accessibility to Bogot├í's Bus Rapid Transit system, Transport Reviews, 24 (5), 587-610. <br>[9] Cervero, R. and Kang, C. D. (2009) Bus Rapid Transit Impacts on Land Uses and Land Values in Seoul, South Korea, Working Paper UCB-ITS-VWP-2009-4, University of California at Berkeley. <br>[10] Rodr├¡guez, D. A. and Mojica, C. H. (2009) Capitalization of BRT network expansions effects into prices of non-expansion areas, Transportation Research Part A, 43, 560-571. <br>[11] Cervero, R. and Duncan, M. (2002) Land Value Impacts of Rail Transit Services in Los Angeles County, Report prepared for the National Association of Realtors and the Urban Land Institute. <br>[12] Federal Transit Administration (FTA) (2002) Evaluation Guidelines for Bus Rapid Transit Demonstration Projects. <br>[13] Callaghan, L. and Vincent, W. (2007) Preliminary evaluation of Metro Orange Line bus rapid transit project, Transportation Research Record, 2034, pp.37-44. <br>[14] Sammer, G., Roman, K. and Oliver, R. (2003) Final Report: TRANSECON: Urban Transport and local Socio-Economic development: Deliverable 7, GMA1-2000-27049 <br>[15] Royal Institution of Chartered Surveyors (RICS) (2002) Land Value and Public Transport : Stage 1 - Summary of findings, Royal Institution of Chartered Surveyor and Office of the Deputy Prime Minister. <br>[16] Al-Mosaind, M.A., Kenneth J. Dueker, and James G. Strathman. (1993) Light-Rail Transit Stations and Property Values: A Hedonic Price Approach, Transportation Research Record, 1400, pp. 90-94. <br>[17] Deng, T. T. and Nelson, J. D. (2010) The perception of Bus Rapid Transit: A passenger survey from Beijing Southern Axis Line 1, Paper presented at the 42nd Annual Conference of the Universities' Transport Studies Group, Plymouth, January. Paper Session 2A-2, CD ROM. <br>[18] Cervero, R. and Landis, J. (1993) "Assessing the Impacts of Urban Rail Transit on Local Real Estate Markets Using Quasi-Experimental Comparisons," Transportation Research 27A, 1:13-22. <br>[19] Bernick, M., Cervero, R. and Mentotti, V. (1994) Comparison of Rents at Transit-Based Housing Projects in Northern California, Working paper 624, University of California at Berkeley. <br>[20] Dueker, K. J. and Bianco, M. J. (1999) Light Rail Transit Impacts in Portland: The First Ten Years. Presented at Transportation Research Board, 78th Annual Meeting. <br>[21] Chesterton (2002) Second Property Market Activity (Final Report), Prepared for the Jubilee Line Extension Impact Study Unit, University of Westminster, London, http://www.wmin.ac.uk/transport/jle/wp (Accessed October 2009) <br>[22] Weinstein, B. L. and Clower, T. L. (2002) An assessment of the DART light rail transit on taxable property valuations and transit-oriented development, Center for Economic Development and Research, University of North Texas, Denton. <br>[23] Lane, R., Powell, T., Eyers, T., Paris, J., Lucas, K. and Jones, P. (2004) Final Report: Jubilee Line Extension (JLE) Summary Report, Prepared by Transport Studies Group, University of Westminster, For Transport for London and the Department for Transport, http://www.wmin.ac.uk/transport/jle/wp, Accessed March 2009. <br>[24] Gibbons, S. and Machin, S.J. (2005) Valuing rail access using transport innovations. Journal of Urban Economics, 57 (1). pp. 148-169. <br>[25] Du, H. B. and Mulley, C. (2007) The short-term land value impacts of urban rail transit: Quantitative evidence from Sunderland, UK. Land-use Policy, (24): 223-233. <br>[26] Darido, G. (2006) Bus Rapid Transit Developments in China: Perspectives from Research, Meetings, and Site Visits in April 2006, Federal Transit Administration, U.S. Department of Transportation, Washington. <br>[27] Munoz-Raskin, R. (2010) Walking accessibility to bus rapid transit: Does it affect property values? The case of Bogota', Colombia, Transport Policy, 17,pp. 72-84. <br>[28] Jones Lang Lasalle (2004) Land & Property Value Study: Assessing the Change in Land & Property Values Attributable to the Jubilee Line Extension, Pilot Study: Southwark & Canary Wharf, Transport for London http://home.wmin.ac.uk/transport/ Accessed in April, 2010. </div> </div> </div> </main> <footer> <div id="infolinks" class="pt-3 pb-2"> <div class="container"> <div style="background-color:#f5f5f5;" class="p-3"> <div class="row"> <div class="col-md-2"> <ul class="list-unstyled"> About <li><a href="https://waset.org/page/support">About Us</a></li> <li><a href="https://waset.org/page/support#legal-information">Legal</a></li> <li><a target="_blank" rel="nofollow" href="https://publications.waset.org/static/files/WASET-16th-foundational-anniversary.pdf">WASET celebrates its 16th foundational anniversary</a></li> </ul> </div> <div class="col-md-2"> <ul class="list-unstyled"> Account <li><a href="https://waset.org/profile">My Account</a></li> </ul> </div> <div class="col-md-2"> <ul class="list-unstyled"> Explore <li><a href="https://waset.org/disciplines">Disciplines</a></li> <li><a href="https://waset.org/conferences">Conferences</a></li> <li><a href="https://waset.org/conference-programs">Conference Program</a></li> <li><a href="https://waset.org/committees">Committees</a></li> <li><a href="https://publications.waset.org">Publications</a></li> </ul> </div> <div class="col-md-2"> <ul class="list-unstyled"> Research <li><a href="https://publications.waset.org/abstracts">Abstracts</a></li> <li><a href="https://publications.waset.org">Periodicals</a></li> <li><a href="https://publications.waset.org/archive">Archive</a></li> </ul> </div> <div class="col-md-2"> <ul class="list-unstyled"> Open Science <li><a target="_blank" rel="nofollow" href="https://publications.waset.org/static/files/Open-Science-Philosophy.pdf">Open Science Philosophy</a></li> <li><a target="_blank" rel="nofollow" href="https://publications.waset.org/static/files/Open-Science-Award.pdf">Open Science Award</a></li> <li><a target="_blank" rel="nofollow" href="https://publications.waset.org/static/files/Open-Society-Open-Science-and-Open-Innovation.pdf">Open Innovation</a></li> <li><a target="_blank" rel="nofollow" href="https://publications.waset.org/static/files/Postdoctoral-Fellowship-Award.pdf">Postdoctoral Fellowship Award</a></li> <li><a target="_blank" rel="nofollow" href="https://publications.waset.org/static/files/Scholarly-Research-Review.pdf">Scholarly Research Review</a></li> </ul> </div> <div class="col-md-2"> <ul class="list-unstyled"> Support <li><a href="https://waset.org/page/support">Support</a></li> <li><a href="https://waset.org/profile/messages/create">Contact Us</a></li> <li><a href="https://waset.org/profile/messages/create">Report Abuse</a></li> </ul> </div> </div> </div> </div> </div> <div class="container text-center"> <hr style="margin-top:0;margin-bottom:.3rem;"> <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank" class="text-muted small">Creative Commons Attribution 4.0 International License</a> <div id="copy" class="mt-2">© 2024 World Academy of Science, Engineering and Technology</div> </div> </footer> <a href="javascript:" id="return-to-top"><i class="fas fa-arrow-up"></i></a> <div class="modal" id="modal-template"> <div class="modal-dialog"> <div class="modal-content"> <div class="row m-0 mt-1"> <div class="col-md-12"> <button type="button" class="close" data-dismiss="modal" aria-label="Close"><span aria-hidden="true">×</span></button> </div> </div> <div class="modal-body"></div> </div> </div> </div> <script src="https://cdn.waset.org/static/plugins/jquery-3.3.1.min.js"></script> <script src="https://cdn.waset.org/static/plugins/bootstrap-4.2.1/js/bootstrap.bundle.min.js"></script> <script src="https://cdn.waset.org/static/js/site.js?v=150220211556"></script> <script> jQuery(document).ready(function() { /*jQuery.get("https://publications.waset.org/xhr/user-menu", function (response) { jQuery('#mainNavMenu').append(response); });*/ jQuery.get({ url: "https://publications.waset.org/xhr/user-menu", cache: false }).then(function(response){ jQuery('#mainNavMenu').append(response); }); }); </script> </body> </html>

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The Impact of Bus Rapid Transit on Land Development: A Case Study of Beijing, China