The Measuring the Benefits of Interregional Transportation Improvement Projects

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  • 都市間交通施設整備がもたらす便益と地価変動
  • トシカン コウツウ シセツ セイビ ガ モタラス ベンエキ ト チカ ヘンドウ
  • A Hedonic Approach

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The purpose of this paper is twofold i. e. to analyse the approximity of the estimation of the social benefits using cross-sectional hedonic model within the context of general equilibriui framework and to constract a multi-regional hedonic land value function in order to establish the method to estimate the social benefits of large infrastructure improvement projects. The study clarifies the limit of over estimation of cross-sectional analysis and demonstrats the applicability of the method with the case study of Tohoku-Shinkansen project.

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