Désirée Nilsson (p), Helena Bohman

Chengjiao Wang

Transport networks offer accessibility between geographical places and thereby also serve as a link between different markets. One aspect of networks is that the value of the network is a function of the size of the network, in terms of the number of links and nodes. Vertices, or nodes, in the network have characteristics in terms of e.g. size but also its position in the network and accessibility to other nodes. It is reasonable to assume that the value of different vertices may differ across the network. The purpose of this study is to analyse how properties of a network, and especially node characteristics of a network, contribute to the value of the network. This is performed by calculating different centrality measures, using existing physical railway infrastructure and how public rail transport have been planned in the network. In order to capture whether there is a value to how a network is constructed and used we apply a hedonic price model. Results show that characteristics of a railway network contribute to the perceived value of house prices in an area.

Chengjiao Wang (p), Ying Jin

Désirée Nilsson

Please see extended abstract