The Impacts of Mass Transit Improvements on Residential Land Development Values: Evidence from the Bangkok Metropolitan Region

Sutee Anantsuksomsri, Nij Tontisirin

研究成果: Article

10 引用 (Scopus)

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This study examines the impacts of the new mass transit systems on the land values of residential development in the Bangkok Metropolitan Region, Thailand, using geographic information systems and spatial econometrics. The study finds that the proximity to mass transit stations spatially correlates with an increase in the prices of residential land. The benefits of the new mass transit stations, however, may not be equally distributed to the residents of Bangkok due to the lack of value-capture mechanisms such as a capital gains tax or a property tax. Policy implications regarding property taxation are also discussed.

元の言語English
ページ(範囲)195-216
ページ数22
ジャーナルUrban Policy and Research
33
発行部数2
DOI
出版物ステータスPublished - 2015 4 3
外部発表Yes

ASJC Scopus subject areas

  • Urban Studies
  • Geography, Planning and Development

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