[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-625576-105":3,"doc-detail-625576-en":80,"detail-sidebar-cat-0-en-105":98},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":73,"head_meta":75,"extra_data":77,"updated_unix":79},105,"en","accessibility-dynamics-and-location-premia-do-land-values-follow-accessibility-changes","Accessibility dynamics and location premia - Do land values follow accessibility changes?","","Transportation network structures and the accessibility patterns they generate shape urban spatial structure and land prices. Evidence on the cross-sectional link between location and land value is abundant, yet limited on how that relationship evolves over time, particularly with disaggregate accessibility measures. Using Minneapolis–St Paul home-sales data from 2000–2005 and mode-specific accessibility indicators, the study estimates dynamic marginal effects via a representative-house approach. Cross-sectional models show positive accessibility effects that vanish in first-difference specifications, interpreted through network maturity.",{"@graph":14,"@context":72},[15,34,55],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/research-report/","Research & Report",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/document/accessibility-dynamics-and-location-premia-do-land-values-follow-accessibility-changes/625576/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/accessibility-dynamics-and-location-premia-do-land-values-follow-accessibility-changes/625576.png","ImageObject",300,407,{"name":42,"@type":43},"Noah","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-26","2026-10-20",true,{"@type":52,"interactionType":53,"userInteractionCount":26},"InteractionCounter",{"@type":54},"ViewAction",{"@type":56,"mainEntity":57},"FAQPage",[58,64,68],{"name":59,"@type":60,"acceptedAnswer":61},"What question does the paper address about land values and accessibility?","Question",{"text":62,"@type":63},"It asks whether land values follow changes in accessibility over time and across locations, using home prices as the land-value measure.","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"How does the study measure accessibility and where does the data come from?",{"text":67,"@type":63},"It uses disaggregate, mode-specific measures of accessibility to jobs and home sales data from the Minneapolis–St Paul, MN metropolitan area for 2000 to 2005.",{"name":69,"@type":60,"acceptedAnswer":70},"What is the key methodological difference between the models compared in the results?",{"text":71,"@type":63},"The paper compares static cross-sectional specifications with first-difference models, estimating accessibility impacts and testing whether they persist when transformed over time.","https://schema.org",{"og:url":32,"og:type":74,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":76,"canonical":32},"index,follow",{"doc_id":78,"site_id":7},625576,1793023089,{"code":4,"msg":81,"data":82},"success",{"doc_id":78,"user_id":83,"nickname":42,"user_avatar":84,"doc_module":4,"category_id":85,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":86,"file_id":87,"file_url":88,"file_type":89,"file_size":90,"view_count":26,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":91,"language":92,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":93,"faqs":94,"seo_title":95,"seo_description":12,"update_tm":96,"read_time":97},8796095462418,"https://ap-avatar.wpscdn.com/avatar/80000253c1241d02b47?x-image-process=image/resize,m_fixed,w_180,h_180&k=1778826106357471780",8,"Accessibility dynamics and location premia: Do land values follow accessibility changes?  \nMichael Iacono University of Minnesota, USA  \nDavid Levinson University of Minnesota, USA  \nUrban Studies 1–18  \n􀀂 Urban Studies Journal Limited 2015 Reprints and permissions: [sagepub.co.uk/journalsPermissions.nav](sagepub.co.uk/journalsPermissions.nav)[ ](sagepub.co.uk/journalsPermissions.nav)[DOI: 10.1177/0042098015595012](DOI: 10.1177/0042098015595012)[ ](DOI: 10.1177/0042098015595012)[usj.sagepub.com](usj.sagepub.com)  \nAbstract  \nThe structure of transportation networks and the patterns of accessibility they give rise to are an important determinant of land prices, and hence urban spatial structure. While there is ample evidence on the cross-sectional relationship between location and land value (usually measured from the value of improved property), there is much less evidence available on the changes in this relationship over time, especially where location is represented using a disaggregate measure of urban accessibility. This paper provides evidence of this dynamic relationship using data on home sales in the Minneapolis-St Paul, MN, USA metropolitan area, coupled with disaggregate measures of urban accessibility for multiple modes, for the period from 2000 to 2005. Our investigation tracks the effects of marginal changes in accessibility over time, as opposed to static, crosssectional relationships, by using an approach in which the unit of observation is a ‘representative house’ for each transportation analysis zone in the region. This approach allows us to control for changes in structural attributes of houses over time, while also isolating the effect of changes inaccessibility levels. Results of this approach are compared with a cross-sectional model using the same variables for a single year to illustrate important differences. Empirical estimates indicate that while most of the models estimated using a cross-sectional specification yield positive and significant effects of accessibility on sale prices, these effects disappear when the models are transformed into first-difference form. We explain these findings in light of the state of maturity of urban transportation networks.  \nKeywords  \naccessibility, land value, transportation – economics, urban dynamics, urban structure  \nReceived September 2014; accepted June 2015  \nIntroduction  \nWhile much is known about the relationship between transportation networks,  \nCorresponding author:  \nMichael Iacono, University of Minnesota, Civil, Environmental, and Geo-Engineering, 780N Civil Engineering Building, 500 Pillsbury Drive SE, Minneapolis, MN 55455, USA.  \nEmail: [iaco0009@umn.edu](iaco0009@umn.edu)  \nDownloaded from [usj.sagepub.com](usj.sagepub.com) at University of Sussex Library on August 13, 2015  \naccessibility and land values, most of the accumulated evidence to date has been drawn from cross-sectional or pooled crosssection/time series analyses that represent the relationship between location and land value at a single point in time. Typically the unit of analysis is property transactions within an urban area or some subset of it. While this approach may provide an estimate of the relationship between location and land value across locations within an urban area at some point in time, the estimate is often heavily influenced by observations located in areas that are already developed and may already have relatively high levels of accessibility. The estimated relationship is typically assumed to be linear or perhaps linear in the logarithms of the variables, and thus predicts a relatively stable relationship across space (and time, if that dimension is included) . The implicit assumption is that new projects that result inaccessibility changes will have impacts on land values that roughly follow these previously estimated relationships. These models may not be as useful for predicting the impacts of large and/or abrupt changes inaccessibility resulting from major t","cbCairmkfzjV6i6w","https://ap.wps.com/l/cbCairmkfzjV6i6w","pdf",919530,18,"English","# Abstract\n# Introduction\n## Cross-sectional evidence and limitations\n## Dynamic relationship and method overview\n# Empirical approach and data\n# Results and model comparisons\n# Discussion of practical and methodological issues","[{\"question\":\"What question does the paper address about land values and accessibility?\",\"answer\":\"It asks whether land values follow changes in accessibility over time and across locations, using home prices as the land-value measure.\"},{\"question\":\"How does the study measure accessibility and where does the data come from?\",\"answer\":\"It uses disaggregate, mode-specific measures of accessibility to jobs and home sales data from the Minneapolis–St Paul, MN metropolitan area for 2000 to 2005.\"},{\"question\":\"What is the key methodological difference between the models compared in the results?\",\"answer\":\"The paper compares static cross-sectional specifications with first-difference models, estimating accessibility impacts and testing whether they persist when transformed over time.\"}]","Accessibility dynamics and location premia - Do land values follow accessibility changes? | PDF",1792531626,45,{"code":4,"msg":81,"data":99},[100,104,108,112,117,122,127,130,135,138,142],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},"Story & Novel",90,"story-novel",{"id":26,"doc_module":4,"doc_module_name":25,"category_name":105,"show_sort_weight":106,"slug":107},"Literature",80,"literature",{"id":33,"doc_module":4,"doc_module_name":25,"category_name":109,"show_sort_weight":110,"slug":111},"Exam",70,"exam",{"id":113,"doc_module":4,"doc_module_name":25,"category_name":114,"show_sort_weight":115,"slug":116},5,"Comic",60,"comic",{"id":118,"doc_module":4,"doc_module_name":25,"category_name":119,"show_sort_weight":120,"slug":121},6,"Technology",50,"technology",{"id":123,"doc_module":4,"doc_module_name":25,"category_name":124,"show_sort_weight":125,"slug":126},7,"Healthcare",40,"healthcare",{"id":85,"doc_module":4,"doc_module_name":25,"category_name":29,"show_sort_weight":128,"slug":129},30,"research-report",{"id":131,"doc_module":4,"doc_module_name":25,"category_name":132,"show_sort_weight":133,"slug":134},9,"Religion & Spirituality",20,"religion-spirituality",{"id":133,"doc_module":4,"doc_module_name":25,"category_name":136,"show_sort_weight":133,"slug":137},"World Cup","world-cup",{"id":139,"doc_module":4,"doc_module_name":25,"category_name":140,"show_sort_weight":139,"slug":141},10,"Lifestyle","lifestyle",{"id":143,"doc_module":4,"doc_module_name":25,"category_name":144,"show_sort_weight":113,"slug":145},19,"General","general"]