Property Prices and Exposure to Multiple Noise Sources: Hedonic Regression with Road and Railway Noise

Andersson, Henrik, Jonsson, Lina and Ögren, Mikael (2010) Property Prices and Exposure to Multiple Noise Sources: Hedonic Regression with Road and Railway Noise. Environmental and Resource Economics, 45 (1). pp. 73-89.

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Official URL: http://tse-fr.eu/pub/26903

Abstract

This study examines the effect of road and railway noise on property prices. It uses the hedonic
regression technique on a Swedish data set that contains information about both road and railway noise
for each property, and finds that road noise has a larger negative impact on the property prices than
railway noise. This is in line with the evidence from the acoustical literature which has shown that
individuals are more disturbed by road than railway noise, but contradicts recent results from a hedonic
study on data of the United Kingdom.

Item Type: Article
Date: January 2010
Refereed: Yes
Uncontrolled Keywords: Hedonic Pricing, Noise, Railway Traffic, Road Traffic
JEL codes: C13 - Estimation
C21 - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
Q51 - Valuation of Environmental Effects
Q53 - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Site: UT1
Date Deposited: 09 Jul 2014 17:33
Last Modified: 07 Mar 2018 13:22
OAI ID: oai:tse-fr.eu:26903
URI: http://publications.ut-capitole.fr/id/eprint/15522

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