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Hedonic estimates of rail noise in Seoul
Cited 19 time in
Web of Science
Cited 23 time in Scopus
- Authors
- Issue Date
- 2013-03
- Publisher
- Elsevier
- Citation
- Transportation Research Part D-Transport and Environment, Vol.19 No.19, pp. 1-4
- Keywords
- 사회과학 ; Noise nuisance ; Hedonic prices ; Noise depreciation index ; Transport 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
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