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Land Value Capture Analysis×Accessibility Analysis×
AlanUrban StudiesHuman Geography
AileProcess / pipelineProcess / pipeline
Köken yılı20061959
KökenJeffery J. Smith & Thomas A. Gihring (value-capture synthesis)Walter G. Hansen
TürEstimation of land/property value uplift attributable to public investment for value captureSpatial index of the ease of reaching opportunities from a location
Seminal kaynakSmith, J. J., & Gihring, T. A. (2006). Financing transit systems through value capture: An annotated bibliography. American Journal of Economics and Sociology, 65(3), 751–786. DOI ↗Hansen, W. G. (1959). How accessibility shapes land use. Journal of the American Institute of Planners, 25(2), 73–76. DOI ↗
Diğer adlarValue Capture Analysis, Land Value Uplift Estimation, Betterment Value Analysis, Transit Value Uplift AnalysisHansen Accessibility, Gravity Accessibility Measure, Potential Accessibility, Spatial Accessibility Index
İlişkili44
ÖzetLand value capture analysis measures the increase in land and property values that a public investment — a new transit line, station, park, or rezoning — creates, so that some of that windfall can be recovered to help pay for the investment. Grounded in classical economics and synthesized for transit by Smith and Gihring, it isolates the value uplift attributable to the public action, usually with hedonic price models and quasi-experimental before/after comparisons, and then quantifies how large a capturable surplus exists. The logic is one of fairness and finance: when public spending lifts private land values, recovering part of the gain funds the public good that created it.Accessibility analysis measures how easily opportunities — jobs, shops, clinics, parks — can be reached from a given location, combining the attractiveness (size) of destinations with the cost of travelling to them. The gravity-based formulation introduced by Walter Hansen in 1959 sums the opportunities at all destinations, each discounted by a distance-decay function of travel cost, producing a single accessibility score per origin that has become a foundational concept in transport geography and urban planning.
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