Quantifying the Indirect Benefits of Transport Infrastructures and Value Capture Ways in Transportation

(整期优先)网络出版时间:2001-04-14
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Urbantransportationiscloselyrelatedtolanduse.Thechangesoftransportationcostandaccessibilityhaveadirectimpactonlanduseandlandprices.Landexploitationandlanduseplayaroleofredistributingtrafficflowintheurbandistricts.]Realpropertyvaluesareregardedasasolecomprehensiveindexrepresentingallthebenefitsgeneratedbytransportinvestment.Wehaveappliedthetheoryoftimevalueontransportationtolandpricemodeltoevaluatetheincreasedvalueofrealestateresultingfromimprovedaccessibility.Agencyresponsibleforthedevelopmentofurbantransportinfrastructurecancapturepartofthefinancialbenefitgainedbyrealestatedevelopmentthroughavarietyofvaluecapture.Thisenablesustotransferindirectbenefitoftransportinfrastructureconstructiontotransportenterpriseandachieveabenigncyclebetweenurbantransportinvestmentandlandexploitation.