An analysis of residential location choice behaviour in Oxfordshire, UK: A combined stated preference approach.
An analysis of residential location choice behaviour in Oxfordshire, UK: A combined stated preference approach.
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.
residential location choice, stated preference, housing development
103-114
Kim, J.
611401fb-38dd-4c8a-a240-d8b21ca969a6
Pagliara, F.
e833c35b-5ff1-435c-bcf9-0b292ff8acab
Preston, J.M.
ef81c42e-c896-4768-92d1-052662037f0b
2003
Kim, J.
611401fb-38dd-4c8a-a240-d8b21ca969a6
Pagliara, F.
e833c35b-5ff1-435c-bcf9-0b292ff8acab
Preston, J.M.
ef81c42e-c896-4768-92d1-052662037f0b
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), .
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.
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Published date: 2003
Keywords:
residential location choice, stated preference, housing development
Organisations:
Civil Engineering & the Environment
Identifiers
Local EPrints ID: 53241
URI: http://eprints.soton.ac.uk/id/eprint/53241
ISSN: 1229-4659
PURE UUID: 20285432-dabe-4982-84a1-8be552ae405c
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Date deposited: 22 Jul 2008
Last modified: 23 Jul 2022 01:55
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Contributors
Author:
J. Kim
Author:
F. Pagliara
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