Showing 1 - 9 of 9
methods to disentangle the offsetting noise and accessibility effects of one technology of mass transit, metro rail, analyzing … land prices (house prices) by 21% (5%), while a 10 db increase in noise depreciates land prices (house prices) by 5% (1 …%). We show that these effects are underestimated by 40% (access) to 80% (noise) if they are not estimated conditional on …
Persistent link: https://www.econbiz.de/10011555500
Airport noise is costly. Airport location is typically associated with lower property prices. Airport expansion often … sparks protests by local residents. In this paper, I provide new evidence on the costs of airport-related noise (and other …
Persistent link: https://www.econbiz.de/10010265963
century ago. Over this period, the negative implicit hedonic price of rail noise tripled. Our results imply income … elasticities of the value of noise reduction and transport access of 2.2 and 1.4, substantially exceeding cross …
Persistent link: https://www.econbiz.de/10012169067
methods to disentangle the offsetting noise and accessibility effects of one technology of mass transit, metro rail, analyzing … land prices (house prices) by 21% (5%), while a 10 db increase in noise depreciates land prices (house prices) by 5% (1 …%). We show that these effects are underestimated by 40% (access) to 80% (noise) if they are not estimated conditional on …
Persistent link: https://www.econbiz.de/10011523729
Persistent link: https://www.econbiz.de/10012288235
Persistent link: https://www.econbiz.de/10012179523
century ago. Over this period, the negative implicit hedonic price of rail noise tripled. Our results imply income … elasticities of the value of noise reduction and transport access of 2.2 and 1.4, substantially exceeding cross …
Persistent link: https://www.econbiz.de/10012169765
Airport noise is costly. Airport location is typically associated with lower property prices. Airport expansion often … sparks protests by local residents. In this paper, I provide new evidence on the costs of airport-related noise (and other …
Persistent link: https://www.econbiz.de/10005029263
Persistent link: https://www.econbiz.de/10012177338