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Hedonic estimates of rail noise in Seoul

Cited 14 time in Web of Science Cited 16 time in Scopus
Authors
Chang, Justin S.; Kim, Dae-Jin
Issue Date
2013-03
Publisher
Elsevier
Citation
Transportation Research Part D-Transport and Environment, Vol.19 No.19, pp. 1-4
Keywords
사회과학Noise nuisanceHedonic pricesNoise depreciation indexTransport noise
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
Language
English
URI
https://hdl.handle.net/10371/91617
DOI
https://doi.org/10.1016/j.trd.2012.11.002
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Graduate School of Environmental Studies (환경대학원)Dept. of Environmental Planning (환경계획학과)Journal Papers (저널논문_환경계획학과)
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