eprintid: 4673
rev_number: 5
eprint_status: archive
userid: 1
dir: disk0/00/00/46/73
datestamp: 2024-07-25 11:29:58
lastmod: 2024-07-25 11:29:58
status_changed: 2024-07-25 11:29:58
type: thesis
metadata_visibility: show
sword_depositor: 1
creators_name: du Croix Timmermans, Daan
creators_id: S5429862
creators_email: d.j.du.croix.timmermans@student.rug.nl
title: The impact of tunnelling existing transport infrastructure on liveability and residential attractiveness: an analysis of property price effects in the Netherlands
ispublished: unpub
full_text_status: public
abstract: This study investigates the impact of tunnelling existing transportation infrastructure on liveability and residential attractiveness. As urban areas worldwide face increasing pressure on public spaces, underground infrastructure has emerged as a preferred solution to reshape urban environments, mitigate environmental challenges, and enhance the quality of life and public spaces. Utilising a difference-in-difference hedonic regression analysis, the study assesses property price effects around six tunnelling projects in the Netherlands: Gaasperdammertunnel, Koning Willem-Alexandertunnel, Salland-Twentetunnel, Limesaquaduct, Spoortunnel Best, and Kap van Barendrecht. The dataset includes 12,102 residential property transactions between April 1995 and January 2024. The findings indicate a significant positive effect on property prices within 600 metres of the tunnels post-construction, with prices increasing by approximately 16.77%. However, the positive effect diminishes with distance, highlighting the spatial attenuation of these benefits. During the construction phase, no significant anticipation effects were observed. The study further reveals a heterogeneous impact, with urban areas experiencing a more substantial positive effect post-construction compared to suburban and rural regions. This underscores the importance of context-specific planning and policy-making in urban development. The insights provided can guide future infrastructure projects and urban policy decisions, emphasising the value of tunnelling as a strategy for enhancing urban liveability.
date: 2024
pages: 59
thesis_type: master
degree_programme: VG
tutors_name: Kuiper, N.M.
tutors_organization: Fac. Ruimtelijke wetenschappen, Basiseenheid Economische Geografie
tutors_email: N.M.Kuiper@rug.nl
security: public
keywords_local: infrastructure tunnelling
keywords_local: external effects
keywords_local: residential real estate
keywords_local: property prices
keywords_local: transport
keywords_local: difference-in-difference
language_iso: en
date_issued: 2024-07-25
citation:   du Croix Timmermans, Daan  (2024) The impact of tunnelling existing transport infrastructure on liveability and residential attractiveness: an analysis of property price effects in the Netherlands.  Master thesis.   
document_url: https://frw.studenttheses.ub.rug.nl/4673/1/DuCroixTimmermansS5429862RESMasterThesis.pdf