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    <title>Transport Research International Documentation (TRID)</title>
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    <copyright>Copyright © 2026. National Academy of Sciences. All rights reserved.</copyright>
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    <managingEditor>tris-trb@nas.edu (Bill McLeod)</managingEditor>
    <webMaster>tris-trb@nas.edu (Bill McLeod)</webMaster>
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      <title>Transport Research International Documentation (TRID)</title>
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      <title>Effects of Urban Road Centrality on Property Values: Spatial Hedonic Analysis of the Housing Market in Wuhan, China</title>
      <link>https://trid.trb.org/View/1590762</link>
      <description><![CDATA[Road infrastructure plays a crucial role in shaping urban spatial configurations and may generate price premiums in the housing market. In hedonic studies, the externalities of road infrastructure are represented by a set of accessibility variables, typically based on distance or travel time. Most hedonic studies have focused on effects of proximity to urban roads without considering spatial relationships between nodes and edges as well as their relative importance. Meanwhile, spatial dependence has not yet gained much attention. This study evaluates the effects of the spatial layout of urban road systems on property values in the housing market in Wuhan, China, using a weighted multiple-centrality assessment method. The impacts of the scale effect of road centrality indices, spatial dependence on the relationship between house values, and their explanatory variables are also examined. The results show that betweenness significantly affects housing values in Wuhan when the search radius is above 1,500 m. Closeness, however, was unlikely to be a significant variable that homebuyers would consider. The study also highlights the importance of incorporating spatial dependence in hedonic housing analysis.]]></description>
      <pubDate>Fri, 29 Mar 2019 10:15:18 GMT</pubDate>
      <guid>https://trid.trb.org/View/1590762</guid>
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    <item>
      <title>Functional Form in Hedonic Regression: Determining the End of Significance of Transit Proximity Effects on Property Value Uplift</title>
      <link>https://trid.trb.org/View/1573169</link>
      <description><![CDATA[This study seeks to establish policy-pertinent specification of the hedonic regression model as a measure of Property Value Uplift (PVU) in parcels surrounding transit stations, using them as a treatment cohort, through testing a variety of frequently used functional forms to empirically explore whether there exists a best-use form for modeling the effects of proximity to transit stations. This study will also extend previous literature reviews of the subject. Researchers have used many different functional forms in hedonic modeling, with widely varying results. The hypothesis for the study is that as distance to transit stations increases, direct land valuation decreases, but not necessarily along a smooth linear function Testing multiple functional forms on one data set provides a useful comparison that is hard to glean from meta-analyses with the same level of comparability of data and methodology. The study also reviews the theoretical basis for each common functional form. In addition to using the most common functional forms, this study uses distance band dummies to model proximity effects. It finds that small-distance bands can provide a reasonable fit to the range of distances from transit stations. It also finds distance bands are the most policy-relevant functional form of those reviewed, as no other form provides a series of explicit cut-off points at which to evaluate price effects of proximity to transit stations. This methodology provides improvements in land value estimations for transit system planning policies.]]></description>
      <pubDate>Fri, 01 Mar 2019 15:51:26 GMT</pubDate>
      <guid>https://trid.trb.org/View/1573169</guid>
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      <title>Dynamic Modeling of Activity Happiness: An Investigation of the Intra-Activity Hedonic Treadmill</title>
      <link>https://trid.trb.org/View/1572638</link>
      <description><![CDATA[While travel has traditionally been considered a means to reach activities, researchers have begun to investigate the effect it has on well-being. Improved surveying methods enabled by mobile phone applications allow researchers to collect more complete data and test hypotheses related to individuals’ happiness with travel and activities. This paper summarizes a data collection effort that took place in Melbourne, Australia using Future Mobility Sensing, a mobile phone application and web-based platform. Throughout the study, users were asked twice daily to report on happiness for a single activity, including travel. The paper develops a dynamic Ordinal Logit Model based on the collected data and discusses the estimation results in the context of Hedonic Theory. The deviation of the reported happiness for an activity observation and an individual Set Point, defined as the median reported happiness of a user, is modeled as a function of covariates. The results show how different activity types affect individuals’ experienced happiness. It is found that educational activities, followed by work and travel, are the most disliked. Discretionary actives and other activities are seen to lead to more positive experiences of happiness. The model is used to test for the presence of an intra-activity Hedonic Treadmill Effect. It is found that people remember their activities as more neutral in later reports of happiness. The implications for the measurement of happiness data are discussed.]]></description>
      <pubDate>Fri, 01 Mar 2019 15:51:06 GMT</pubDate>
      <guid>https://trid.trb.org/View/1572638</guid>
    </item>
    <item>
      <title>The impact of changes in airport noise contours on residential sales: A multilevel longitudinal analysis for Montréal–Pierre Elliott Trudeau International Airport</title>
      <link>https://trid.trb.org/View/1494715</link>
      <description><![CDATA[Understanding how aircraft noise from proximity to airports impacts the value of adjacent properties has been a key undertaking of many previous hedonic studies, yet few incorporate many land use attributes known to impact land values more generally. No study to the authors' knowledge has done so using longitudinal data while additionally controlling for changes in noise contours that took place overtime as prescribed by the airport authority and changes in air traffic. Using Montréal Trudeau Airport as their case study, the authors undertake a longitudinal hedonic analysis for repeated property sales; focusing on areas affected by changes in noise contours as announced by the airport authority, Aéroports de Montréal (ADM). The authors find that being within the current contour negatively impacts sale prices of housing. Earlier contours had less severe impacts during the time when they were active, although the housing market appears to ignore precise contours prescribed by ADM and considers wider areas as being negatively impacted by aircraft noise, over greater periods of time than those contended by the airport authority. This research can be of interest to transport professionals concerned with the impacts of airport noise, and additionally to decision makers developing policies to address the gap between the extent negative externalities and how they are perceived by consumers.]]></description>
      <pubDate>Tue, 13 Mar 2018 14:13:24 GMT</pubDate>
      <guid>https://trid.trb.org/View/1494715</guid>
    </item>
    <item>
      <title>Transit premium and rent segmentation: A spatial quantile hedonic analysis of Shanghai Metro</title>
      <link>https://trid.trb.org/View/1423261</link>
      <description><![CDATA[When measuring the betterment effect of public transit, most of the existing econometric research tends to use residential property price data and to focus on the conditional mean rather than the conditional variance in terms of the implicit price premium paid for access to public transit. However, because property sale price partly reflects speculation on future capital gains, it sheds little light on the renters' willingness-to-pay for living near public transportation facilities, let alone the variation in rent premium for transit proximity. The authors in this paper employ a spatial quantile hedonic regression method to gauge the rental impact of metro stations on a large sample of two-bedroom-one-bathroom (2b1b) apartments across 2575 residential complex communities (or “xiaoqu” in mandarin Chinese) in Shanghai, China, as observed between December 2012 and January 2013. They find: a) a community’s geographic adjacency to the nearest Shanghai Metro station tends to correlate positively with the xiaoqu’s average asking rent of 2b1b apartments, indicating a significant rent premium for transit proximity; b) although the transit premium fluctuates across the different rent levels, the variation is statistically insignificant, suggesting no evidence of transit-induced segmentation of the local private residential rental market. Apart from its policy implications, this paper demonstrates a US-China comparative perspective and a novel spatial quantile regression approach to test the segmentation effect of mass transit in a dynamic urban housing market.]]></description>
      <pubDate>Fri, 21 Oct 2016 16:36:21 GMT</pubDate>
      <guid>https://trid.trb.org/View/1423261</guid>
    </item>
    <item>
      <title>The impact of airline differentiation on marginal cost pricing at UK airports</title>
      <link>https://trid.trb.org/View/1267151</link>
      <description><![CDATA[Airport pricing is a central issue in international transport policies, which tend to support pricing schemes based on marginal operating costs. This paper aims to provide empirical evidence in support of increased differentiation in airport charges on the basis of marginal passenger costs being sensitive to the type of airline, i.e. full-service, low-cost, and charter. To that end, both long- and short-run multi-output cost functions are estimated over an unbalanced pool database of 29 United Kingdom (UK) airports observed between 1995 and 2009. The passenger output is hedonically-adjusted in order to introduce the desired level of disaggregation while also keeping a parsimonious specification. Results show that low-cost passengers impose significantly lower costs to airport infrastructure than those from either full-service or charter airlines. A full schedule of marginal and average incremental cost estimates for the combined passenger categories is provided for all sample airports. Taking into account the existence of returns to scale and economies of capacity, this provides a useful guide for optimal pricing of aeronautical infrastructure under either single- or dual-till regulations.]]></description>
      <pubDate>Thu, 21 Nov 2013 09:07:13 GMT</pubDate>
      <guid>https://trid.trb.org/View/1267151</guid>
    </item>
    <item>
      <title>Hedonic estimates of rail noise in Seoul</title>
      <link>https://trid.trb.org/View/1247682</link>
      <description><![CDATA[The paper offers a valuation of urban rail noise in South Korea using the hedonic pricing method. It considers trade-offs in the context of housing prices, locality, and environment intrusion. The model adopted provides a reasonable explanation of the determinants of property values, with a unit increase in dB(A) decreases property value by 0.53% in the Seoul area.]]></description>
      <pubDate>Fri, 26 Apr 2013 15:34:54 GMT</pubDate>
      <guid>https://trid.trb.org/View/1247682</guid>
    </item>
    <item>
      <title>Measuring the impact of sub-urban transit-oriented developments on single-family home values</title>
      <link>https://trid.trb.org/View/1243747</link>
      <description><![CDATA[This paper provides evidence on the impact of a sub-urban transit-oriented development (TOD) on surrounding single-family home prices. Using a dataset that inventories single-family home sale transactions surrounding Ohlone Chenyoweth TOD in San Jose, CA, the paper employs hedonic regression to estimate the effect of the TOD on home prices. Controlling for the effects of the distance from the light rail line, the station and other transportation facilities, the impact of the TOD on home sale prices is statistically significant at p = 0.10 level, with an average home sale price increase of $21,000 (or 3.2%) for every 50% reduction in the distance between the home and the TOD. Further, the paper finds that the TOD’s price effect dissipates after 1/8 mile. Finally, housing prices within 1/8 mile of the TOD were 18.5% higher than the prices more than 1/8 mile from the TOD during the post-TOD construction period; 7.3% higher during the TOD construction period and not statistically different in the pre-TOD construction period.]]></description>
      <pubDate>Wed, 27 Feb 2013 10:39:08 GMT</pubDate>
      <guid>https://trid.trb.org/View/1243747</guid>
    </item>
    <item>
      <title>Hedonic Analysis of Office Space Rent</title>
      <link>https://trid.trb.org/View/910636</link>
      <description><![CDATA[This paper presents the hedonic analysis of office space rent in the Greater Toronto area of Canada. The effects of accessibility, quality, location, and market conditions on rent are explored. Data indicate a high degree of spatial heterogeneity and clustering effects. Spatial analysis techniques are incorporated within the hedonic framework to capture these effects. Results indicate that access to transport infrastructure, distance from the central business district, and vacancy rate are significant in explaining variation in the rent.]]></description>
      <pubDate>Wed, 14 Apr 2010 14:41:18 GMT</pubDate>
      <guid>https://trid.trb.org/View/910636</guid>
    </item>
    <item>
      <title>Walking Accessibility to Bus Rapid Transit: Does it Affect Property Values? The Case of Bogota, Colombia</title>
      <link>https://trid.trb.org/View/889981</link>
      <description><![CDATA[This research will shed light on the relation of bus rapid transit and residential property values within walking distance to the system. The case study was Bogota's Transmilenio (Colombia). This research conducted a city-wide econometric hedonic analysis with 2000 to 2004 Department of Housing control data across different walking distances, subsystems (trunk, feeder), socio-economic strata and time. The main results showed that, with respect to the value of properties in relation to proximity, the housing market places value premiums on the properties in the immediate walking proximity of feeder lines. The analysis by socio-economic strata showed that middle-income properties were valued more if they fell closer to the system, while there were opposite results for low-income housing. Finally, analysis across time reflects slight increases in property values correlated with the implementation of the system in the two specific catchment areas analyzed.]]></description>
      <pubDate>Fri, 19 Jun 2009 09:29:08 GMT</pubDate>
      <guid>https://trid.trb.org/View/889981</guid>
    </item>
    <item>
      <title>An Hedonic Approach of the Imperfect Market of Freight Transport by Frontier Analysis</title>
      <link>https://trid.trb.org/View/844186</link>
      <description><![CDATA[As the market for freight transport is all but prefect, notably due to the heterogeneity of the goods and the firms, it should contain space for negotiation between the supply and the demand sides. The negotiations are based on the price and the attributes of the mode, but not on the mode itself (hedonic approach). The paper also considers that those attributes are endogenous, i.e. dependent of other variables as the characteristics of the goods. In order to take those characteristics into account, we propose to analyze the joint distribution of the price and the attributes rather that the conditional expectation, as done notably in the logistic or hedonic regressions. This model allows one to measure the market imperfection and then the bargaining power of the agents, by extending the methods of frontier analysis. The illustration is based on a study conducted in the Belgian sector of freight transport. The data were obtained by face-to-face interviews.]]></description>
      <pubDate>Wed, 30 Jan 2008 11:43:38 GMT</pubDate>
      <guid>https://trid.trb.org/View/844186</guid>
    </item>
    <item>
      <title>Hedonic Analysis of Impacts of Traffic Volumes on Property Values</title>
      <link>https://trid.trb.org/View/775592</link>
      <description><![CDATA[This research attempts to quantify the cumulative impacts of vehicle traffic, both passenger cars and trucks, by using the hedonic price analysis of the relationship between property values and the traffic along selected arterial corridors in Chicago, Illinois. The traffic characteristics are derived from the traffic counts data obtained from the City of Chicago and include average daily traffic, maximum daily peak, and nighttime volumes, calculated separately for trucks and for total traffic. Autoregressive models, with assessed property value as the dependent variable and traffic characteristics along with other determinants of property value as the independent variables, are constructed. The models include a spatial-lag term to control for the spatial autocorrelation and are estimated using the two-stage least squares. The regression results from the final models suggest that although the characteristics for total traffic have modest but statistically significant impact on property values, the traffic characteristics for trucks are statistically insignificant. Also, the strong evidence of spatial dependence in the data set underscores the importance of paying close attention to the model specification and controlling the autocorrelation in the hedonic price analysis.]]></description>
      <pubDate>Tue, 21 Feb 2006 15:53:33 GMT</pubDate>
      <guid>https://trid.trb.org/View/775592</guid>
    </item>
    <item>
      <title>Management and Public Policy 2005</title>
      <link>https://trid.trb.org/View/775521</link>
      <description><![CDATA[This Transportation Research Record contains 29 papers on management and public policy.  Specific topics discussed include travel behavior and transportation needs of people with disabilities, estimating trip generation of elderly and disabled people, extending older drivers' access to freeways, regional transportation's consensus building between local and tribal governments, using custom transportation data collection software with handheld computers, transportation skills needed by private-sector and public-sector organizations, communication strategies for state transportation research programs, transportation megaprojects, hedonic analysis of impacts of traffic volumes on property values, access to health care and nonemergency medical transportation, gender-based analysis of work trip mode choice of commuters, highway construction impacts on businesses, distributional consequences of gasoline taxation, commuting stress, urban campers, a sustainable transportation system, optimal land use-transport strategies, using environmental justice to evaluate the equitable distribution of a transit capital improvement program, strategic innovations in railroad management, collaboration for success in transportation, performance measures for surface transportation in different institutional and cultural contexts, performance measurement responses to changing political pressures at state departments of transportation, linking asset management to strategic planning processes, risk-based life-cycle cost analysis of privatized infrastructure, work site trip reduction model, effectiveness of programs for work site trip reduction, vanpool services, an ecotravel coordinator program, and investment analysis using the constraint multiobjective programming method.]]></description>
      <pubDate>Tue, 21 Feb 2006 15:53:09 GMT</pubDate>
      <guid>https://trid.trb.org/View/775521</guid>
    </item>
    <item>
      <title>META-ANALYSIS OF AIRPORT NOISE AND HEDONIC PROPERTY VALUES : PROBLEMS AND PROSPECTS</title>
      <link>https://trid.trb.org/View/699552</link>
      <description><![CDATA[This paper reports on a meta-regression analysis using hedonic property value studies to determine variations in noise discounts due to various elements when analyzing cost-benefit effects of airport noise mitigation.  Variables considered included country, year, sample size, model specification, mean property value, data aggregation, and accessibility to airport and travel opportunities among 20 studies. Valuing effects of noise is expected to be increasingly important as technologies and airport planning practices that contributed to a decrease in noise complaints in the recent past are not expected to keep pace with projected airport runway expansion and increase in flights. The noise discount is measured to be between 0.5 and 0.6 percent per dB, meaning that a property at 55dB would sell for about 10-12 percent less if it was located in a 75dB zone, everything else being equal. Additional studies are needed to see how well the results hold up in different types of analyses.  One caution is that noise levels so high that the property becomes unusable need to be properly accounted for. The analysis found that country and model specifications have some effect on the discount, but the other variables have little systematic effect.]]></description>
      <pubDate>Thu, 01 Apr 2004 00:00:00 GMT</pubDate>
      <guid>https://trid.trb.org/View/699552</guid>
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