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Hedonic estimates of rail noise in Seoul
Cited 23 time in
Web of Science
Cited 28 time in Scopus
- Authors
- Issue Date
- 2013-03
- Publisher
- Pergamon Press Ltd.
- Citation
- Transportation Research Part D: Transport and Environment, Vol.19, pp.1-4
- Abstract
- 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.
- ISSN
- 1361-9209
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