Using Spatiotemporal Price Formation to Assess the Relationship between Transferring Land-Use Rights and Transportation Infrastructure Expansions in Edo State, Nigeria

Abstract

Using spatiotemporal price formation analysis, this study investigates the relationship between transferring land-use rights and transportation infrastructure expansions in Edo State, Nigeria. The study’s objectives are to assess the impact of transportation infrastructure expansions on land values, identify the factors influencing land-use rights transfers, and evaluate the potential for sustainable development. The methodology comprises GIS-based analysis, land-use rights data, and econometric models. Using spatiotemporal price formation analysis and geoinformation, the study investigated the relationship between transferring land-use rights and transportation infrastructure expansions in Edo State, Nigeria. Land-use Land-cover (LULC) maps for 1990, 2000, 2010, and 2020, derived from Landsat images using Support Vector Machines (SVM), served as the primary dataset. The overall accuracy of these maps, assessed through pixel count and error-adjusted area (EAA) methods, ranges between 69% and 93%. The study finds a strong correlation between transportation infrastructure expansion and land value appreciation, with land-use rights transfers responding to these changes. The results highlight the importance of understanding these relationships for effective policy-making and sustainable development in Edo State.