Economic impact of a supply change in mass transit in urban areas : a Canadian example

DC FieldValueLanguage
dc.contributor.authorDubé, Jean-
dc.contributor.authorDes Rosiers, François-
dc.contributor.authorThériault, Marius-
dc.contributor.authorDib, Patricia-
dc.coverage.spatialQuébec (Québec)fr_CA
dc.description.abstractThis paper aims at estimating the economic impact of a supply change in the bus transit service in a Canadian city of medium size. By using a quasi-experiment approach and a difference-in-differences (DID) estimator, it evaluates the impact of the introduction of a rapid bus transit (RBT) in Quebec City (Canada) through a spatio-temporal analysis of house price variations. The hedonic price model shows that the new service generates an increase in house price ranging from 6.9% to 2.9%, for those properties located close to the service corridor where the population is quite dense and where the service was offered initially. Using sales transaction data and municipal assessment records from 1997, the effect on price is translated into an economic impact for the whole region. The paper shows that the improvement in public transit supply generates, for Quebec City, a significant fiscal impact estimated to $6 M and a plus-value for properties owners close to $35 M over 12 years. Finally, the implications of this kind of analysis for urban planning and development are discussed.fr_CA
dc.subjectPolicy evaluationfr_CA
dc.subjectRapid bus transitfr_CA
dc.subjectPublic transportationfr_CA
dc.subjectHedonic price modelfr_CA
dc.subjectDifference-in-differences estimatorfr_CA
dc.subjectEconomic impactfr_CA
dc.titleEconomic impact of a supply change in mass transit in urban areas : a Canadian examplefr_CA
dc.typeCOAR1_1::Texte::Périodique::Revue::Contribution à un journal::Article::Article de recherche-
dcterms.bibliographicCitationTransportation Research Part A, Vol. 45 (1), 46–62 (2011)fr_CA
dc.audienceProfesseurs (Enseignement supérieur)fr_CA
dc.subject.rvmService d'autobus expressfr_CA
dc.subject.rvmTransports publics -- Évaluation -- Modèles économétriquesfr_CA
dc.subject.rvmTransport -- Choix des modesfr_CA
dc.subject.rvmMigrations alternantes -- Aspect économiquefr_CA
rioxxterms.versionVersion of Recordfr_CA
Collection:Articles publiés dans des revues avec comité de lecture

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