A STATISTICAL EVALUATION OF THE INFLUENCE OF HIGHWAYS ON RURAL LAND VALUES IN THE UNITED STATES

STATISTICAL TECHNIQUES APPLIED TO PREVIOUS ATTEMPTS TO EVALUATE THE IMPACT OF HIGHWAY IMPROVEMENT ON RURAL LAND VALUES ARE DISCUSSED. BASIC TO THE ANALYSIS ARE THE DATA COLLECTED BY THE U.S. DEPARTMENT OF AGRICULTURE FOR THE BUREAU OF PUBLIC ROADS ON LAND VALUES BY TYPE OF ROAD (HARD- SURFACED, GRAVEL, AND DIRT) BY TYPE OF FARMING AREA. VARIOUS STATISTICAL DEVICES HAVE BEEN USED TO ANALYZE AND STANDARDIZE THE DATA FROM SOME 5,000 RURAL LAND SALES WITH A VIEW TO DETERMINING THE EXISTING DIFFERENTIALS BETWEEN VALUES OF FARM REAL ESTATE BY TYPE OF ROAD (1) AS TO PRICE PER ACRE, AND (2) AS TO PRICE PER FARM AND DISTANCE FROM NEAREST TRADING CENTER. THE PAPER ALSO EXPLORES OTHER RELATIONSHIPS OF THE INFLUENCE OF VARIOUS TYPES OF RURAL HIGHWAYS ON LAND VALUES. AN ATTEMPT IS MADE TO FIND GENERAL PRINCIPLES CONCERNING LAND VALUES FROM THIS NATIONAL STUDY THAT WILL HAVE IMPORT FOR LOCALIZED HIGHWAY IMPACT ON LAND VALUES. /AUTHOR/

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  • Authors:
    • Longley, James W
    • Goley, Beatrice T
  • Conference:
  • Publication Date: 1962

Media Info

  • Media Type: Digital/other
  • Features: Figures; References; Tables;
  • Pagination: pp 21-55
  • Monograph Title: Indirect effects of highway improvement
  • Serial:

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Filing Info

  • Accession Number: 00201399
  • Record Type: Publication
  • Files: TRIS, TRB
  • Created Date: Aug 5 1994 12:00AM