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THE IMPACT OF PUBLIC BIKE STATION ON RESIDENTIAL HOUSING PRICE IN TAIPEI CITY
| 题名： | THE IMPACT OF PUBLIC BIKE STATION ON RESIDENTIAL HOUSING PRICE IN TAIPEI CITY |
| 正文语种： | 中文 |
| 作者： | 江穎慧 |
| 关键词： | Public bike;Housing price;Spatial econometrics;Quantile regression |
| 摘要： | Due to global warming, energy shortage as well as other environmental issues, the culture of bike sharing in Taiwan has taken shape gradually in recent years. There are over 200 stations of Public Bike System (Youbike) in Taipei with over 40 million citizens that have used it. Such green transportation facility is environmentally friendly and provides the ease of short-distance transit. Not only does it expands the service area of the mass rapid transit system, but also promotes the development of locations or shopping areas near bike stations. Many reports about traffic or mass transportation reveal that improvements in transport would bring positive effects on nearby housing prices. Therefore, this paper focuses on the influence of bike sharing system on property values. The transaction data in this study is adapted from Actual Price Registration of Real Estate in Taipei City in the period of October 2012 to December 2015 along with 212 locations of bike stations. The regression modeling results showed that, that setting up the PBS stations would improve traffic accessibility around the area, the quality of the living environment in the urban area, and increase the MRT station and other transport facilities' service area. In addition, it also brings positive and significant effects on the price of residential housing close to the stations. |
| 期刊名称： | 运输计划 |
| 出版年： | 2017 |
| 期： | 04 |
| 页码： | 399-428 |
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