The Impact of a Mass Rapid Transit System on Neighborhood Housing Prices: An Application of Difference-In-Difference and Spatial Econometrics
This study discusses the impact of the mass rapid transit (MRT) system’s construction and operation on neighborhood housing prices. Estimations were conducted by considering the spatial dependence of housing prices and using a difference-in-difference (DD) method that incorporated the spatial lag mo...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2020-03-01
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| Series: | Real Estate Management and Valuation |
| Subjects: | |
| Online Access: | https://doi.org/10.2478/remav-2020-0003 |