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

• 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.

Ämnesord

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)

SOCIAL SCIENCES  -- Economics and Business -- Economics (hsv//eng)

Nyckelord

Noise

Tyre noise

Impact study

Building

Price

Residential area

Calculation

Mathematical model

Regression analysis

Rail traffic

Road traffic

Railway: Environment

Railway: Environment

Road: Environment

Road: Environment

Publikations- och innehållstyp

ref (ämneskategori)

art (ämneskategori)