City and Regional Planning / Şehir ve Bölge Planlama

Permanent URI for this collectionhttps://hdl.handle.net/11147/4274

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  • Article
    Citation - WoS: 22
    Citation - Scopus: 28
    The Impact of Rail Transit Investment on the Residential Property Values in Developing Countries: The Case of Izmir Subway, Turkey
    (Emerald Group Publishing Ltd., 2006) Çelik, Hüseyin Murat; Yankaya, Uğur
    Purpose The purpose of this paper is to test whether the rail transit investment in Izmir, Turkey has had positive valuation impacts on the surrounding residential properties, and to estimate the value of travel time using relevant parameters. Design/methodology/approach The necessary data were collected via a survey including all real-estate agents in the area. To test the research question, the Hedonic Price Model (HPM) is used as the research technique. The obtained parameters are also used to estimate the value of travel time. Findings The findings of the models has indicated that the proximity to rail stations was valued at $250-300 per meters, and the value of travel per hour was $1.47-1.83 on average. Research limitations/implications These findings should be checked with more consistent database using transaction process, and the mortgage loan rate which was not legislated at the time of study. Practical implications Until a mortgage loan rate is registered in turkey, the estimated parameters can be used in the cost-benefit analysis of rail transit investments in Turkey. Originality/value The theoretical premise that “any improvement in accessibility will be capitalized into the land values” is tested one more time in a developing country case whose urban environment is substantially different from those of the developed world, especially the North American cities. Furthermore, a new methodology using the HPM parameters is also suggested to estimate the value of travel time.
  • Article
    Citation - WoS: 72
    Citation - Scopus: 101
    Knowledge-Based Urban Development: the Local Economic Development Path of Brisbane, Australia
    (SAGE Publications Inc., 2008) Yiğitcanlar, Tan; Velibeyoğlu, Koray
    Knowledge-based development strategies play an important role in supporting local economic development of cities in the knowledge era. This paper investigates local knowledge-based urban development policies of Brisbane, Australia in its long journey to become a competitive knowledge city. The paper examines Brisbane's recent progress towards establishing knowledge community precincts that are critical creative urban environments to attract and retain global investment and talent. This paper also discusses major challenges Brisbane is experiencing during the implementation of its state- and city-wide knowledge-based urban development strategies.
  • Article
    Citation - WoS: 21
    Citation - Scopus: 26
    Integrated Modeling Approach for the Transportation Disadvantaged
    (American Society of Civil Engineers (ASCE), 2007) Duvarcı, Yavuz; Yiğitcanlar, Tan
    Transportation models have not been adequate in addressing severe long-term urban transportation problems that transportation disadvantaged groups overwhelmingly encounter, and the negative impacts of transportation on the disadvantaged have not been effectively considered in the modeling studies. Therefore this paper aims to develop a transportation modeling approach in order to understand the travel patterns of the transportation disadvantaged, and help in developing policies to solve the problems of the disadvantaged. Effectiveness of this approach is tested in a pilot study in Aydin, Turkey. After determining disadvantaged groups by a series of spatial and statistical analyses, the approach is integrated with a travel demand model. The model is run for both disadvantaged and nondisadvantaged populations to examine the differences between their travel behaviors. The findings of the pilot study reveal that almost two thirds of the population is disadvantaged, and this modeling approach could be particularly useful in disadvantage-sensitive planning studies to deploy relevant land use and transportation policies for disadvantaged groups.