# RECORD 53186cb8794950e5eded6c1c393152fc7871f0e6
# TITLE: Analysis of the Effect of Xi'an Metro Line 2 on Housing Price along the Line on Different Time Points
# YEAR: 2016.0  VENUE: nan  DOI: 10.2991/isss-16.2016.12
# AUTHORS: Yu-ling Jiao
# PAGES: 5  CANDIDATE TABLE PAGES (1-based): []
# ABSTRACT: Urban rail transit is a kind of large public infrastructure with significant economic externality, and its efficient access can improve the house price along significantly. This paper, taking Line 2 of Xi 'an metro as an example, carries on the regression analysis on the influencing factors of real estate prices on building Hedonic model from regional characteristics, neighborhood characteristics, structure features, and collecting the related data on different time. The empirical results show that the effect of urban rail transit on appreciation of the real estate is different on different time point, and the subway has network effect. Along with the increase in subway lines, the influence of a single line increases gradually.


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Analysis of the Effect of Xi'an Metro Line 2 on Housing Price along the 
Line on Different Time Points 
Yutong Jiao 
 School of Management, XAUAT, Xi’an 710055, China. 
513301215@qq.com 
Abstract: Urban rail transit is a kind of large public infrastructure with significant economic 
externality, and its efficient access can improve the house price along significantly. This paper, 
taking Line 2 of Xi 'an metro as an example, carries on the regression analysis on the influencing 
factors of real estate prices on building Hedonic model from regional characteristics, neighborhood 
characteristics, structure features, and collecting the related data on different time. The empirical 
results show that the effect of urban rail transit on appreciation of the real estate is different on 
different time point, and the subway has network effect. Along with the increase in subway lines, 
the influence of a single line increases gradually. 
Keywords: Rail transit; Hedonic model; housing price; network effect. 
 
不同时点西安地铁2 号线对沿线房价的影响分析 
焦宇彤 
西安建筑科技大学 管理学院，西安 中国 
摘 要：地铁是一种经济外部性显著的大型公共基础设施，其高效的通达性可以促进沿线周边
住宅价格明显提升。本文以西安地铁2号线为例，应用特征价格模型分析了仅有2号线一条地
铁线路时，其沿线6个站点周边的楼盘信息，发现地铁对周边住宅的影响范围是0-1200m，房
价平均增值3.2%；1号线开通后，进一步分析这6个站点周边房价的变化，实证结果表明：这
一时点，地铁对周边住宅的影响范围扩大到0-1600m，房价平均增值6.93%。从而得出地铁具
有网络效应，随着地铁线路的增多，单条地铁线路对沿线周边住宅的影响范围和对房价的影
响强度均逐渐变大。 
关键词：地铁；特征价格模型；住宅价格；网络效应 
1. 前言 
我国城市交通拥堵状况随着城市化进程的加快而日渐突出，轨道交通的建设成为大部分
大中城市解决这一问题的必然选择。城市轨道交通的建设大幅提高了该区域的可达性，推动
了沿线经济的发展与繁荣。根据搜房网、安家网等比较权威的房地产相关网站的数据显示，
西安地铁2 号线建设以前，西安市房价价格差异变化不大，虽然呈上扬趋势，但上扬缓慢。
地铁2 号线开始建设以后，即2007 年，城北区房价突然出现“拐点”，快速上扬，以赛高国
际为例，在2007 年8 月到2008 年4 月期间，该街区平均房价上涨44.7%，最高涨幅达到65.8%。 
关于城市轨道交通对沿线房地产价格的影响一直是国外相关领域的研究热点之一。在国
内，城市轨道交通对住宅价格影响方面的研究起步较晚，有针对性的研究相对较少，而且主
要是针对广州、深圳、上海、北京等城市轨道交通的研究。而且综合国内外的研究可以发现，
2nd International Symposium on Social Science (ISSS 2016)
© 2016. The authors - Published by Atlantis Press
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