Impact of high-speed railway on gentrification and regional inequality in Japan
This study examines the effects of high-speed railways (HSRs) on gentrification in Japan from 2000 to 2019, using indicators including land prices and income levels. Using the market access index and instrumental variable strategy, the authors establish a causal relationship between HSR expansion and gentrification. The results show a 39.38% increase in urban land prices and 6.20% rise in urban income compared to a 21.13% decrease in rural land prices and 3.33% decrease in rural income. Additionally, rural areas experienced a population decline of 38.61%, whereas urban migration surged by 71.93%, indicating HSR-driven urban prosperity at the expense of rural areas. Based on the authors' policy simulations, these trends are expected to continue. To mitigate these inequalities, the authors suggest fare policy adjustments that promote rural–urban travel as an effective gentrification countermeasure. The authors' findings highlight the importance of holistic infrastructure strategies, including innovative fare models, to achieve equitable urban–rural development.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/13619209
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Supplemental Notes:
- © 2024 The Author(s). Published by Elsevier Ltd. Abstract reprinted with permission of Elsevier.
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Authors:
- Yoo, Sunbin
- Kumagai, Junya
- Sho, Kojiro
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0000-0002-5059-4332
- Managi, Shunsuke
- Publication Date: 2024-9
Language
- English
Media Info
- Media Type: Web
- Features: Figures; References; Tables;
- Pagination: 104346
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Serial:
- Transportation Research Part D: Transport and Environment
- Volume: 134
- Issue Number: 0
- Publisher: Elsevier
- ISSN: 1361-9209
- Serial URL: http://www.sciencedirect.com/science/journal/13619209
Subject/Index Terms
- TRT Terms: Equity; High speed rail; Regional analysis; Regional development; Socioeconomic factors
- Identifier Terms: Shinkansen
- Geographic Terms: Japan
- Subject Areas: Railroads; Society;
Filing Info
- Accession Number: 01927860
- Record Type: Publication
- Files: TRIS
- Created Date: Aug 22 2024 3:09PM