Journal article

A logit-based model for measuring the effects of transportation infrastructure on land value

Saeed Asadi Bagloee, Mitra Heshmati, Madjid Tavana, Debora Di Caprio

TRANSPORTATION PLANNING AND TECHNOLOGY | TAYLOR & FRANCIS LTD | Published : 2017

Abstract

Mutual interactions between transportation and land use have long been debated. Despite progress made in computational technology, the study of these interactions is not adequately developed. The most important aspect of such interactions is given by the changes in land values due to changes in transportation infrastructures. We consider the behavioural features of these interactions along with the constraints on the land and/or zoning restrictions and propose a reliable model for the first time to predict land value changes with respect to changes in transportation facilities and accessibility. The proposed model is a logit-based mathematical programming methodology where the relative price..

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