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== Abstract == | == Abstract == | ||
| − | Understanding how land prices are determined is of particular importance for policy makers; however, there is little evidence in African countries, which are currently experiencing rapid urbanization. The paper examines the relationship between land prices and locational characteristics using data from Antananarivo, the capital of Madagascar. It is found that the land value gradients are relatively steep, indicating that the land and housing prices tend to overshoot in the middle of the city, pushing the poor away from the city to suburban areas. It is also found that access to transport infrastructure and services, such as minibuses, is an important determinant of land value. Not only transport connectivity, but also other factors, such as proximity to amenities and administrative centers, are found to be important. Better land management and urban transport policies are called for to promote these aspects in the city. | + | Understanding how land prices are determined is of particular importance for policy makers; however, there is little evidence in African countries, which are currently experiencing rapid urbanization. The paper examines the relationship between land prices and locational characteristics using data from Antananarivo, the capital of Madagascar. It is found that the land value gradients are relatively steep, indicating that the land and housing prices tend to overshoot in the middle of the city, pushing the poor away from the city to suburban areas. It is also found that access to transport infrastructure and services, such as minibuses, is an important determinant of land value. Not only transport connectivity, but also other factors, such as proximity to amenities and administrative centers, are found to be important. Better land management and urban transport policies are called for to promote these aspects in the city. |
Document type: Book | Document type: Book | ||
== Full document == | == Full document == | ||
| − | <pdf>Media: | + | <pdf>Media:Iimi_2019b-beopen1315-7084-document.pdf</pdf> |
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The different versions of the original document can be found in: | The different versions of the original document can be found in: | ||
| + | |||
| + | * [http://documents.worldbank.org/curated/en/325261565097420484/pdf/Location-Location-Location-Revisited-Evidence-from-Antananarivo-Madagascar.pdf http://documents.worldbank.org/curated/en/325261565097420484/pdf/Location-Location-Location-Revisited-Evidence-from-Antananarivo-Madagascar.pdf] | ||
* [http://dx.doi.org/10.1596/1813-9450-8958 http://dx.doi.org/10.1596/1813-9450-8958] | * [http://dx.doi.org/10.1596/1813-9450-8958 http://dx.doi.org/10.1596/1813-9450-8958] | ||
| − | * [http:// | + | * [http://documents.worldbank.org/curated/en/325261565097420484/Location-Location-Location-Revisited-Evidence-from-Antananarivo-Madagascar http://documents.worldbank.org/curated/en/325261565097420484/Location-Location-Location-Revisited-Evidence-from-Antananarivo-Madagascar], |
| + | : [http://hdl.handle.net/10986/32210 http://hdl.handle.net/10986/32210] under the license http://creativecommons.org/licenses/by/3.0/igo | ||
| + | |||
| + | * [https://openknowledge.worldbank.org/handle/10986/32210 https://openknowledge.worldbank.org/handle/10986/32210], | ||
| + | : [https://ideas.repec.org/p/wbk/wbrwps/8958.html https://ideas.repec.org/p/wbk/wbrwps/8958.html], | ||
| + | : [https://documents.worldbank.org/curated/pt/325261565097420484/Location-Location-Location-Revisited-Evidence-from-Antananarivo-Madagascar https://documents.worldbank.org/curated/pt/325261565097420484/Location-Location-Location-Revisited-Evidence-from-Antananarivo-Madagascar], | ||
| + | : [http://documents.shihang.org/curated/zh/325261565097420484/Location-Location-Location-Revisited-Evidence-from-Antananarivo-Madagascar http://documents.shihang.org/curated/zh/325261565097420484/Location-Location-Location-Revisited-Evidence-from-Antananarivo-Madagascar], | ||
| + | : [https://academic.microsoft.com/#/detail/2965152053 https://academic.microsoft.com/#/detail/2965152053] | ||
Latest revision as of 12:40, 25 January 2021
Abstract
Understanding how land prices are determined is of particular importance for policy makers; however, there is little evidence in African countries, which are currently experiencing rapid urbanization. The paper examines the relationship between land prices and locational characteristics using data from Antananarivo, the capital of Madagascar. It is found that the land value gradients are relatively steep, indicating that the land and housing prices tend to overshoot in the middle of the city, pushing the poor away from the city to suburban areas. It is also found that access to transport infrastructure and services, such as minibuses, is an important determinant of land value. Not only transport connectivity, but also other factors, such as proximity to amenities and administrative centers, are found to be important. Better land management and urban transport policies are called for to promote these aspects in the city.
Document type: Book
Full document
Original document
The different versions of the original document can be found in:
- https://ideas.repec.org/p/wbk/wbrwps/8958.html,
- https://documents.worldbank.org/curated/pt/325261565097420484/Location-Location-Location-Revisited-Evidence-from-Antananarivo-Madagascar,
- http://documents.shihang.org/curated/zh/325261565097420484/Location-Location-Location-Revisited-Evidence-from-Antananarivo-Madagascar,
- https://academic.microsoft.com/#/detail/2965152053
Document information
Published on 01/01/2019
Volume 2019, 2019
DOI: 10.1596/1813-9450-8958
Licence: CC BY-NC-SA license
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