TY  - JOUR
PY  - 2011//
TI  - The Impact of Rail Transport on Real Estate Prices: An Empirical Analysis of the Dutch Housing Market
JO  - Urban studies
A1  - Rietveld, Piet
A1  - Pels, Eric
A1  - Debrezion, Ghebreegziabiher
SP  - 997
EP  - 1015
VL  - 48
IS  - 5
N2  - A hedonic pricing model is estimated based on sales data from three metropolitan areas in the Netherlands (Amsterdam, Rotterdam and Enschede) to analyse the effect of railway accessibility on house prices. Railway accessibility is measured by both the distance to a railway station and an index of quality of railway services provided at the station. Two railway station considerations were taken: the nearest railway station and the most frequently chosen railway station. Correcting for a wide range of other determinants, the model based on the most frequently chosen station outperforms the model based on the nearest railway station in estimating the effect of railway accessibility. The dissimilarity between the results of the two models increases with the increase in the urbanisation level of the metropolitan area.<p /> 
LA  - 
SN  - 0042-0980
UR  - http://dx.doi.org/10.1177/0042098010371395
ID  - ref1
ER  -