The Experts below are selected from a list of 225 Experts worldwide ranked by ideXlab platform
Cheol-gyu Eun - One of the best experts on this subject based on the ideXlab platform.
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Planning for the first Light Rail Transit system in Korea : Jeonju Light Rail Transit project
Transportation Research Record, 2004Co-Authors: Yong Eun Shin, Vukan R Vuchic, Pan-sik Sin, Cheol-gyu EunAbstract:Pursuing a low-cost, yet modern, high-quality, medium-capacity Transit system to improve their Transit services, several Korean cities have opted for automated guided Transit systems. Yet in 1999 the city of Jeonju decided to introduce a Light Rail Transit (LRT) system not only to improve its Transit services but also to improve living conditions, expand business activities, and increase livability. The initial study was performed in 1999, and the preliminary engineering study was completed in 2001. The project is now into the final design leading up to construction. The system consists of a network of two independent lines 24.92 km long with 46 stations and is planned to operate mainly on the street median with a separate right-of-way. The project will be financed and operated by the public sector according to the Public Investment Inducement Act. The first line is scheduled to open in 2008 and the second line in 2010. Numerous issues and elements should be considered for successful project implementatio...
Yong Eun Shin - One of the best experts on this subject based on the ideXlab platform.
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Planning for the first Light Rail Transit system in Korea : Jeonju Light Rail Transit project
Transportation Research Record, 2004Co-Authors: Yong Eun Shin, Vukan R Vuchic, Pan-sik Sin, Cheol-gyu EunAbstract:Pursuing a low-cost, yet modern, high-quality, medium-capacity Transit system to improve their Transit services, several Korean cities have opted for automated guided Transit systems. Yet in 1999 the city of Jeonju decided to introduce a Light Rail Transit (LRT) system not only to improve its Transit services but also to improve living conditions, expand business activities, and increase livability. The initial study was performed in 1999, and the preliminary engineering study was completed in 2001. The project is now into the final design leading up to construction. The system consists of a network of two independent lines 24.92 km long with 46 stations and is planned to operate mainly on the street median with a separate right-of-way. The project will be financed and operated by the public sector according to the Public Investment Inducement Act. The first line is scheduled to open in 2008 and the second line in 2010. Numerous issues and elements should be considered for successful project implementatio...
Pan-sik Sin - One of the best experts on this subject based on the ideXlab platform.
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Planning for the first Light Rail Transit system in Korea : Jeonju Light Rail Transit project
Transportation Research Record, 2004Co-Authors: Yong Eun Shin, Vukan R Vuchic, Pan-sik Sin, Cheol-gyu EunAbstract:Pursuing a low-cost, yet modern, high-quality, medium-capacity Transit system to improve their Transit services, several Korean cities have opted for automated guided Transit systems. Yet in 1999 the city of Jeonju decided to introduce a Light Rail Transit (LRT) system not only to improve its Transit services but also to improve living conditions, expand business activities, and increase livability. The initial study was performed in 1999, and the preliminary engineering study was completed in 2001. The project is now into the final design leading up to construction. The system consists of a network of two independent lines 24.92 km long with 46 stations and is planned to operate mainly on the street median with a separate right-of-way. The project will be financed and operated by the public sector according to the Public Investment Inducement Act. The first line is scheduled to open in 2008 and the second line in 2010. Numerous issues and elements should be considered for successful project implementatio...
Vukan R Vuchic - One of the best experts on this subject based on the ideXlab platform.
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Planning for the first Light Rail Transit system in Korea : Jeonju Light Rail Transit project
Transportation Research Record, 2004Co-Authors: Yong Eun Shin, Vukan R Vuchic, Pan-sik Sin, Cheol-gyu EunAbstract:Pursuing a low-cost, yet modern, high-quality, medium-capacity Transit system to improve their Transit services, several Korean cities have opted for automated guided Transit systems. Yet in 1999 the city of Jeonju decided to introduce a Light Rail Transit (LRT) system not only to improve its Transit services but also to improve living conditions, expand business activities, and increase livability. The initial study was performed in 1999, and the preliminary engineering study was completed in 2001. The project is now into the final design leading up to construction. The system consists of a network of two independent lines 24.92 km long with 46 stations and is planned to operate mainly on the street median with a separate right-of-way. The project will be financed and operated by the public sector according to the Public Investment Inducement Act. The first line is scheduled to open in 2008 and the second line in 2010. Numerous issues and elements should be considered for successful project implementatio...
Mohd Faris Dziauddin - One of the best experts on this subject based on the ideXlab platform.
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Estimating land value uplift around Light Rail Transit stations in Greater Kuala Lumpur: An empirical study based on geographically weighted regression (GWR)
Research in Transportation Economics, 2019Co-Authors: Mohd Faris DziauddinAbstract:Abstract Introducing a Rail Transit system into an urban region is expected to increase land values, and subsequently, residential property values. Despite this general belief, little is known about the spatial distributional effects of land value uplift. Thus, the goal of this paper is to provide new insights on how proximity to Light Rail Transit stations may affect residential property values in Greater Kuala Lumpur, Malaysia using geographically weighted regression (GWR). The results provide information on spatial variations in the effects of a Light Rail Transit system on residential property values. This study utilises GWR to account for spatial heterogeneity and spatial dependence. The results suggest that residential property values benefit from the provision of a Light Rail Transit system but with considerable spatial variation over a geographical area. Evidently, proximity to the nearest Light Rail Transit station gives positive premiums of up to 8% for a majority of properties located in lower-middle and upper-middle income neighbourhoods such as Wangsa Maju, Setapak, Keramat, Setiawangsa, Ampang and Sentul. In contrast, the impact of proximity to the nearest Light Rail Transit station for properties located in high-income neighbourhoods such as Petaling Jaya was found to be non-significant. These findings can assist policy makers to better understand how properties around Light Rail Transit stations accrue benefits. However, since the benefit of a Light Rail Transit system on nearby properties varies over a geographical area (and where a positive premium can swing from positive to negative depending on the area), it may be difficult for policy makers to impose a single-value tax if there is a land value capture policy to be considered for implementation.