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Impacts of rail transit access on land and housing values in China: a quantitative synthesis

机译：轨道交通接入对中国土地和住房价值的影响：定量合成

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摘要

Rail transit investment has been viewed as a prominent policy instrument for local and regional development. However, little is known about to what extent the theorised changes in land and housing values arising from rail transit access can be substantiated by evidence in a large developing country context. This paper presents a quantitative review of empirical studies that analysed the impacts of rail transit access on land and housing values in China. We review empirical analyses in 67 studies from 1997 to 2018 for which we encode quantitative results along with a range of theoretically combinations of spatially contextual characteristics, data and methodological-design characteristics. The results show that there are significant variations in the size estimates of effects of rail transit access across studies. Such variations are associated with rail project types, data and methodological designs. Our study provides the insights on what has already been known and what needs to be known on evaluating real estate consequences of rail transit improvements in developing countries.
机译：轨道交通投资已被视为当地和区域发展的突出政策工具。然而，关于从大型发展中国家背景下的证据证实了从多大程度上知道的土地和住房价值的理论改变程度。本文介绍了对实证研究的定量审查，分析了铁路交通接入对中国土地和住房价值的影响。我们在1997年至2018年审查了67项研究中的实证分析，我们编码定量结果以及空间上下文特征，数据和方法设计特征的一系列理论上的组合。结果表明，轨道交通接入跨越研究的影响估计存在显着变化。这种变化与铁路项目类型，数据和方法设计相关联。我们的研究提供了对已经已知的内容以及在发展中国家的铁路交通改善的房地产后果上需要了解的内容。

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