How much do users value a network expansion? Evidence from the public transit system in Singapore
We estimate the network effects of a public transit system by examining the impact of its expansion on housing prices. Our results show that a major expansion of Singapore's Mass Rapid Transit (MRT) system increased the price of apartments within 0.5 km of a pre-expansion station by 1.8% relati...
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التنسيق: | text |
اللغة: | English |
منشور في: |
Institutional Knowledge at Singapore Management University
2018
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الموضوعات: | |
الوصول للمادة أونلاين: | https://ink.library.smu.edu.sg/cis_research_all/4 https://ink.library.smu.edu.sg/context/cis_research_all/article/1003/viewcontent/1_s2.0_S0166046217304374_main.pdf |
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