Researcher ORCID Identifier
0009-0000-4526-0664
Graduation Year
2025
Document Type
Open Access Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Nicholas Kacher
Reader 2
Patrick Van Horn
Terms of Use & License Information
Rights Information
2025 Catherine A Sunding
Abstract
This study quantifies the price impact on houses of a new electric commuter rail line outside of Denver, Colorado. I find a negative price impact corresponding to increased accessibility and proximity of homes to the rail stations due to the negative externalities associated with the track. I also discover an even larger negative price impact of the rail stations in the years before the stations opened to the public, indicating possible endogeneity in the location of the rail line. I attempt to account for this endogeneity using instrumental variable analysis due to a limitation of house pricing data before 2016.
Recommended Citation
Sunding, Catherine A., "Electric Commuter Rail Access in Residential Communities: A Hedonic Analysis Case Study of Nonmarket Value Creation" (2025). Scripps Senior Theses. 2623.
https://scholarship.claremont.edu/scripps_theses/2623
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