Traffic noise and property values: an instrumental variable strategy for hedonic valuation

被引：5

作者：

Bravo-Moncayo, Luis ^{[1
]}

Mosquera, Roberto ^{[2
]}

Puyana-Romero, Virginia ^{[1
,3
]}

Romero, Michelle ^{[1
]}

Lucio-Naranjo, Jose ^{[4
]}

Suarez, Enrique ^{[5
]}

机构：

[1] Univ Las Amer, Grp Invest Entornos Acust, Quito, Ecuador

[2] Univ Las Amer, Dept Econ, Quito, Ecuador

[3] Univ Cadiz, Inst Appl Linguist, Lab Phonet & Acoust, Cadiz, Spain

[4] Escuela Politec Nacl, Fac Ingn Sistemas, Quito, Ecuador

[5] Univ Austral Chile, Inst Acust, Valdivia, Chile

来源：

JOURNAL OF ENVIRONMENTAL PLANNING AND MANAGEMENT | 2023年 / 66卷 / 12期

关键词：

hedonic valuation; traffic noise valuation; instrumental variables; noise cost; PRICES; IMPACT; POLLUTION; COST;

D O I：

10.1080/09640568.2022.2079079

中图分类号：

F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];

学科分类号：

0201 ; 020105 ; 03 ; 0303 ;

摘要：

Noise pollution is a consequence of socioeconomic development processes and urbanization. Noise action plans, urban planning, and traffic management are costly, and their undertaking raises the issue of the value of noise reduction to households. We use hedonic pricing to estimate the value of traffic noise for urban residents in Quito, Ecuador. Results were obtained using instrumental variables in order to control the possible omitted variables due to any spatial effect. Considering a large dataset of property attributes and noise exposure, properties inside the mixed land use were compared to those right behind them in a 20-meter buffer, which was characterized by similar structural attributes but different noise exposure levels.

引用

页码：2556 / 2575

页数：20

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