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Presentation Slides and Materials
Given transportation creates land value, and recognizing the problem of underfunding transport infrastructure, new funding sources can be used to increase transport investment, create additional land value, and improve social welfare. This presentation considers co-evolutionary process between the development of land and transport networks. Using data from the rail and Underground in London and the streetcar system in the Twin Cities, the empirical relationship is established statistically under several different contexts, and hypotheses about the positive feedback nature of the interaction are tested.