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How Much Do Users Value A Network Expansion? Evidence From The Public Transit System In Singapore, Eric Fesselmeyer, Haoming Liu Jul 2018

How Much Do Users Value A Network Expansion? Evidence From The Public Transit System In Singapore, Eric Fesselmeyer, Haoming Liu

Research Collection College of Integrative Studies

We estimate the network effects of a public transit system by examining the impact of its expansion on housing prices. Our results show that a major expansion of Singapore's Mass Rapid Transit (MRT) system increased the price of apartments within 0.5 km of a pre-expansion station by 1.8% relative to apartments that were further away from a station. Evaluated at the mean housing price, the expansion increased the value of pre-connected apartments by at least S$455 million in aggregate, which is equivalent to 9% of the estimated S$5 billion cost of the expansion.


How Much Do Users Value A Network Expansion? Evidence From The Public Transit System In Singapore, Eric Fesselmeyer, Haoming Liu Jul 2018

How Much Do Users Value A Network Expansion? Evidence From The Public Transit System In Singapore, Eric Fesselmeyer, Haoming Liu

Research Collection College of Integrative Studies

We estimate the network effects of a public transit system by examining the impact of its expansion on housing prices. Our results show that a major expansion of Singapore's Mass Rapid Transit (MRT) system increased the price of apartments within 0.5 km of a pre-expansion station by 1.8% relative to apartments that were further away from a station. Evaluated at the mean housing price, the expansion increased the value of pre-connected apartments by at least S$455 million in aggregate, which is equivalent to 9% of the estimated S$5 billion cost of the expansion.


Scaling The Nexus: Towards Integrated Frameworks For Analysing Water, Energy And Food, Scott J. Mcgrane, Michele Acuto, Francesca Artioli, Po-Yu Chen, Robert Comber, Julian Cottee, Geremy Farr-Wharton, Nicola Green, Ariella Helfgott, Shaun Larcom, Julie A. Mccann, Patrick O'Reilly, Gloria Salmoral, Marian Scott, Lindsay C. Todman, Terry Van Gevelt, Xiaoyu Yan May 2018

Scaling The Nexus: Towards Integrated Frameworks For Analysing Water, Energy And Food, Scott J. Mcgrane, Michele Acuto, Francesca Artioli, Po-Yu Chen, Robert Comber, Julian Cottee, Geremy Farr-Wharton, Nicola Green, Ariella Helfgott, Shaun Larcom, Julie A. Mccann, Patrick O'Reilly, Gloria Salmoral, Marian Scott, Lindsay C. Todman, Terry Van Gevelt, Xiaoyu Yan

Research Collection College of Integrative Studies

The emergence of the water–energy–food (WEF) nexus has resulted in changes to the way we perceive our natural resources. Stressors such as climate change and population growth have highlighted the fragility of our WEF systems, necessitating integrated solutions across multiple scales. While a number of frameworks and analytical tools have been developed since 2011, a comprehensive WEF nexus tool remains elusive, hindered in part by our limited data and understanding of the interdependencies and connections across the WEF systems. To achieve this, the community of academics, practitioners and policy-makers invested in WEF nexus research are addressing several critical areas that …


Do Voluntary Commons Associations Deliver Sustainable Grazing Outcomes? An Empirical Study Of England, Shaun Larcom, Terry Van Gevelt Apr 2018

Do Voluntary Commons Associations Deliver Sustainable Grazing Outcomes? An Empirical Study Of England, Shaun Larcom, Terry Van Gevelt

Research Collection College of Integrative Studies

In 1965, the Commons Registration Act came into force in England and Wales. The Act led to the removal of the capacity of commoners to regulate the intensity of grazing via traditional legal means. From this policy shock a number of voluntary commons associations were formed. These voluntary groups relied on their members to agree upon how the commons should be managed. Using two-stage least squares regression analysis we find that commons governed by these associations are much more likely to produce sustainable grazing outcomes. These results are robust to the existence of a variety of controls, including overlapping institutional …


Achieving Universal Energy Access And Rural Development Through Smart Villages, Terry Van Gevelt, C. Canales Holzeis, S. Fennell, B. Heap, J. Holmes, M.Hurley Depret, B. Jones, M.T. Safdar Apr 2018

Achieving Universal Energy Access And Rural Development Through Smart Villages, Terry Van Gevelt, C. Canales Holzeis, S. Fennell, B. Heap, J. Holmes, M.Hurley Depret, B. Jones, M.T. Safdar

Research Collection College of Integrative Studies

With just 12 years to go to 2030, progress in providing universal energy access and improving rural development outcomes in many rural areas has been too slow if the Sustainable Development Goals are to be met. Over a three-year period, the Smart Villages Initiative gathered evidence and views from over 1000 stakeholders from 70 countries to identify the framework conditions necessary for the provision of energy services to rural communities and to ensure that energy access translates into improved rural development outcomes. This short communication provides an overview of the key findings of this process and suggests a number of …