An analysis of residential location choice behaviour in Oxfordshire, UK: A combined stated preference approach.


Kim, J., Pagliara, F. and Preston, J.M. (2003) An analysis of residential location choice behaviour in Oxfordshire, UK: A combined stated preference approach. International Review of Public Administration, 8, (1), 103-114.

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Description/Abstract

This paper proposes and applies a combined stated preference approach in order to estimate residential location choice behaviour in Oxfordshire, UK. The estimation results demonstrate the potentials for the combined estimation of two stated preference experiments. Our findings show that the transport related attributes have significant impacts on residential location choice. The estimated monetary values of one minute of commuting time and one pence of commuting cost are equivalent to £6,339 and £883 with regard to house price, while the estimated value of time is 7.18 pence per minute. Higher quality of school has a significantly positive effect, while higher density and central city location have a significantly negative impact on residential location choice. The simulation results based on the model estimates suggest that the best location for new housing development varies with commuting patterns, spatial job distribution, and the changes of attributes influencing residential location choice.

Item Type: Article
ISSNs: 1229-4659 (print)
Related URLs:
Keywords: residential location choice, stated preference, housing development
Subjects: H Social Sciences > HB Economic Theory
T Technology > TA Engineering (General). Civil engineering (General)
Divisions: University Structure - Pre August 2011 > School of Civil Engineering and the Environment
ePrint ID: 53241
Date Deposited: 22 Jul 2008
Last Modified: 27 Mar 2014 18:36
URI: http://eprints.soton.ac.uk/id/eprint/53241

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