{"title":"Land Price Variability Assessment of a Transport Infrastructure Project in Pabna District, Bangladesh","authors":"Md. Sohel Rana, Md. Rasel, Md. Hasibul Hasan, Tasnim Tabassum","doi":"10.1177/09754253241230637","DOIUrl":null,"url":null,"abstract":"Transport infrastructure development projects play a vital role in improving accessibility, which has dynamic effects on the regional economy as well as increases property values. This research aims to assess the land price variability in control and catchment areas before and after the Dasuria-to-Dhalarchar railway development project in Pabna district, Bangladesh. A set of independent variables was considered to measure the correlation between development project and land price through a questionnaire survey and focus group discussion. The impact of a railway project on land price was determined by the ordinary least squares method, after which the method was justified through Cook’s distance, P-P plot and scatter plot. The data analysis reveals a strong association between land price and distance to a central business district. The data shows that the land price increased significantly after implementation of the railway project with different intensities, as functional characteristics vary among selected stations.","PeriodicalId":1,"journal":{"name":"Accounts of Chemical Research","volume":"25 6","pages":""},"PeriodicalIF":16.4000,"publicationDate":"2024-03-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Accounts of Chemical Research","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1177/09754253241230637","RegionNum":1,"RegionCategory":"化学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"CHEMISTRY, MULTIDISCIPLINARY","Score":null,"Total":0}
引用次数: 0
Abstract
Transport infrastructure development projects play a vital role in improving accessibility, which has dynamic effects on the regional economy as well as increases property values. This research aims to assess the land price variability in control and catchment areas before and after the Dasuria-to-Dhalarchar railway development project in Pabna district, Bangladesh. A set of independent variables was considered to measure the correlation between development project and land price through a questionnaire survey and focus group discussion. The impact of a railway project on land price was determined by the ordinary least squares method, after which the method was justified through Cook’s distance, P-P plot and scatter plot. The data analysis reveals a strong association between land price and distance to a central business district. The data shows that the land price increased significantly after implementation of the railway project with different intensities, as functional characteristics vary among selected stations.
期刊介绍:
Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance.
Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.