Transportation, Sorting and House Values
利用1980年美国人口普查和交通数据，研究发现就业可达性和通勤铁路服务显著影响居民居住选址、汽车拥有量和房价，其中通勤铁路服务带来超过6.4%的房价溢价。
In this paper, we examine the importance of accessibility to employment and transportation system attributes for residential location choice, car ownership and house values. Using the 1980 Census of Housing and Journey to Work data merged with transportation system data, we find strong evidence of residential sorting based on employment location. We find that suburban areas with good commuter rail access to the CBD have significantly greater fractions of their labor force working in the CBD, own fewer cars and have higher house prices than similar neighborhoods and houses in census tracts without service. The house value premium is over 6.4%.