Scandinavian Working Papers in Economics
Working Papers,
Swedish National Road & Transport Research Institute (VTI)
No 2008:10: 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
Henrik Andersson: VTI, Postal: Dept. of Transport Economics, P.O. Box 55685, SE-102 15 Stockholm, Sweden
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
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
19 pages, September 18, 2008
Full text files
Andersson_etal_Hedonic_Lerum.pdf
- Published as
- Henrik Andersson, Lina Jonsson and Mikael Ögren, (2010), 'Property Prices and Exposure to Multiple Noise Sources: Hedonic Regression with Road and Railway Noise', Environmental and Resource Economics, vol 45, no 1, pages 73-89
- Swedish National Road & Transport Research Institute (VTI)
- See also CTS Working papers in Transport Economics
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