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

Henrik Andersson, Lina Jonsson () and Mikael Ögren ()
Additional contact information
Lina Jonsson: VTI, Postal: Dept. of Transport Economics, P.O. Box 55685, SE-102 15 Stockholm, Sweden
Mikael Ögren: VTI, Postal: Dept. of Environment and Traffic Analysis, P.O. Box 8077, SE-402 78 Gothenburg, Sweden

No 2008:10, Working Papers from Swedish National Road & Transport Research Institute (VTI)

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.

Keywords: Hedonic Pricing; Noise; Railway Traffic; Road Traffic (search for similar items in EconPapers)
JEL-codes: C13 C21 Q51 Q53 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2008-09-18
New Economics Papers: this item is included in nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Published in Environmental and Resource Economics, 2010, pages 73-89.

Downloads: (external link)
http://www.transportportal.se/SWoPEc/Andersson_etal_Hedonic_Lerum.pdf (application/pdf)

Related works:
Journal Article: Property Prices and Exposure to Multiple Noise Sources: Hedonic Regression with Road and Railway Noise (2010)
Working Paper: Property prices and exposure to multiple noise sources: hedonic regression with road and railwy noise (2010)
Working Paper: Property Prices and Exposure to Multiple Noise Sources: Hedonic Regression with Road and Railway Noise (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hhs:vtiwps:2008_010

Access Statistics for this paper

More papers in Working Papers from Swedish National Road & Transport Research Institute (VTI) VTI, Transport Economics, P.O. Box 6056, SE-171 06 Solna, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Biblioteket vid VTI () and Emil Svensson () and Claes Eriksson () and Tova Äng ().