Housing price network effects from public transit investment : evidence from Vancouver / by Alex W. Chernoff and Andrea Craig. : FB3-5/2018-18E-PDF
“This paper estimates the equilibrium effects of a large, publicly funded investment in rapid transit on housing price differentials between neighborhoods within and outside the transit corridor, based on our study of the expansion of the Vancouver SkyTrain rapid transit network over the period 2001–11. This includes the `Millennium Line' and `Canada Line' expansions, public investments totaling $3.2 billion. We use micro data from Canadian censuses (2001 and 2006) and the National Household Survey (2011), which include information on households' place of work and residence and other socio-economic variables. We combine these data with geographic information systems (GIS) data on the SkyTrain expansion sourced from the South Coast British Columbia Transportation Authority"--Non-technical summary, p. [1].
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publications.gc.ca/pub?id=9.856136&sl=1
| Ministère/Organisme | Bank of Canada. |
|---|---|
| Titre | Housing price network effects from public transit investment : evidence from Vancouver / by Alex W. Chernoff and Andrea Craig. |
| Titre de la série | Bank of Canada staff working paper, 1701-9397 ; 2018-18 |
| Type de publication | Série - Voir l'enregistrement principal |
| Langue | [Anglais] |
| Format | Électronique |
| Document électronique | |
| Note(s) | "April 2018." Includes bibliographical references (p. 16-17). Includes abstract in French. |
| Information sur la publication | [Ottawa] : Bank of Canada, 2018. |
| Auteur / Contributeur | Chernoff, Alex W. Craig, Andrea. |
| Description | ii, 25 p. : col. maps. |
| Numéro de catalogue |
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| Descripteurs | Housing Prices Public transit |
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