Hedonic estimates of rail noise in Seoul

被引:26
作者
Chang, Justin S. [1 ]
Kim, Dae-Jin [1 ]
机构
[1] Seoul Natl Univ, Environm Planning Dept, Seoul 151742, South Korea
关键词
Noise nuisance; Hedonic prices; Noise depreciation index; Transport noise; LOCATION; INFORMATION; PRICES; IMPACT;
D O I
10.1016/j.trd.2012.11.002
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
The paper offers a valuation of urban rail noise in South Korea using the hedonic pricing method. It considers trade-offs in the context of housing prices, locality, and environment intrusion. The model adopted provides a reasonable explanation of the determinants of property values, with a unit increase in dB(A) decreases property value by 0.53% in the Seoul area. (c) 2012 Elsevier Ltd. All rights reserved.
引用
收藏
页码:1 / 4
页数:4
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