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This paper presents an analysis of elevation gradient and temporal future-station effects in urban real estate markets. Using an extraordinary dataset from the Hong Kong publicly-constructed housing sector, we find enormous housing price effects caused by levels of terrain incline between...
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Meta-analysis is applied to the negative relationship between airport noise exposure and residential property values. The effect size in the analysis is the percent depreciation per decibel increase in airport noise, or the noise discount. Twenty hedonic property value studies are analyzed,...
Persistent link: https://www.econbiz.de/10014068881
This paper estimates wider economic impacts related to productivity from transport networks in Hong Kong in 2016. Specifically, we use an instrumental variable approach to identify the causal effect of transport network centralities on productivity measured by gross value added. Our...
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