Changing Noise Levels and Housing Prices Near the Atlanta Airport

被引：30

作者：

Cohen, Jeffrey P. ^{[1
]}

Coughlin, Cletus C. ^{[2
]}

机构：

[1] Univ Hartford, Barney Sch Business, Hartford, CT 06117 USA

[2] Fed Reserve Bank St Louis, Div Res, St Louis, MO USA

来源：

GROWTH AND CHANGE | 2009年 / 40卷 / 02期

关键词：

RESIDENTIAL PROPERTY-VALUES; AIRCRAFT NOISE; IMPACT; PROXIMITY;

D O I：

10.1111/j.1468-2257.2009.00476.x

中图分类号：

F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];

学科分类号：

0201 ; 020105 ; 03 ; 0303 ;

摘要：

Using hedonic models, we analyze the effects of proximity and noise on housing prices in neighborhoods near Hartsfield-Jackson Atlanta International Airport during 1995-2002. Proximity to the airport is related positively to housing prices. We address complications caused by changes over time in the levels and geographic distribution of noise and by the fact that noise contours are measured infrequently. A general decline in noise boosted housing prices during 1995-2002. After accounting for proximity, house characteristics, and demographic variables, houses in noisier areas sold for less than houses subjected to less noise. Also, the noise discount is larger during 2000-2002 than 1995-1999.

引用

页码：287 / 313

页数：27

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