Transportation Land Valuation Evaluating Policies and Practices that Affect the Amount of Land Devoted to Transportation Facilities

Abstract

A relatively large portion of land is devoted to roads and parking facilities in a modern city. This paper explores the relationships between transportation, land use and taxation. It investigates how current land tax and regulatory practices affect the amount of land devoted to roads and parking facilities, and how this affects transport patterns. It discusses ways to measure the amount of land devoted to transport facilities, examine how this varies under different circumstances, estimate the value of this resource, evaluate how tax policies and regulations policies treat this land, and analyze whether current practices are optimal in terms of various economic and social objectives. Todd Alexander Litman © 1995-2005

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