Digital library of construction informatics and information technology in civil engineering and construction
Digital library
Paper: eres2017_244
| Paper title: | Airport noise, land use controls and real estate values: critical review and meta-analysis |
| Authors: | Gluszak, Michal; Iwona Forys, Jan Konowalczuk |
| Summary: | The externalities resulting from airport operation has been a subject of empirical investigation in economic literature, at least since 1960s. Most of the research focused on negative relation between airport noise and property values. The results were summarized in meta-analysis of 23 previous studies based on North American data by Nelson (2004) – suggesting significant noise discount, but also country level differences. The study extends the scope of analysis, covering airports outside United States and Canada (mainly in Europe). Additionally, in the paper we discuss the joint effect of airport noise and land use restrictions enforced in selected areas around the airport on property values. We argue that the nature of land use controls related to airport operation can significantly affect the relation between noise and property values, and should be controlled for in order to get unbiased results in hedonic models. |
| Type: | paper session |
| Year of publication: | 2017 |
| Keywords: | airport noise; property values; land use controls; meta-analysis |
| Series: | ERES:conference |
| Download paper: | |
| Citation: | Gluszak, Michal; Iwona Forys, Jan Konowalczuk (2017). Airport noise, land use controls and real estate values: critical review and meta-analysis. 24th Annual European Real Estate Society Conference in Delft, Netherlands, http://itc.scix.net/paper/eres2017_244 |
hosted by University of Ljubljana
includes:
W78
includes:
W78
inspired by SciX, ported by Robert Klinc [2019]