The effects of noise pollution produced by road traffic of Naples Beltway on residential real estate values

Applied Mechanics and Materials

Volumn 587-589, Issue , 2014, Pages 2176-2182

  Del Giudice, Vincenzo ^a   De Paola, Pierfrancesco ^a  

^a UNIVERSITY OF NAPLES FEDERICO II   (Italy)

Author keywords

Land price analysis; Noise pollution; Penalized spline semiparametric method; Real estate values; Road traffic

Indexed keywords

COMMERCE; HOUSING; LAND USE;

ECONOMETRIC ANALYSIS; LAND PRICES; REAL ESTATE; RESIDENTIAL REAL ESTATE MARKET; ROAD TRAFFIC; SEMIPARAMETRIC; SOUND PRESSURE LEVEL; WILLINGNESS TO PAY;

NOISE POLLUTION;

EID: 84905011931     PISSN: 16609336     EISSN: 16627482     Source Type: Book Series    
DOI: 10.4028/www.scientific.net/AMM.587-589.2176     Document Type: Conference Paper

References (25)

1. Navrud S., The state of the art on economic valuation of noise, Final Report to European Commission DG Environment, Department of Economics and Social Sciences, Agricultural University of Norway, 2002.
2. Andersson H., Jonsson L., Ogren M., Property prices and exposure to multiple noise sources: hedonic regression with road and railway noise, Environmental and Resource Economics, Vol. 45 (1), pp. 73-89, 2010.
3. Brandt S., Maennig W., Road noise exposure and residential property prices: evidence from Hamburg, Transportation Research Part D, Elsevier, Vol. 16, pp. 23-30, 2011.
4. Blanco J.C., Flindell I., Property prices in urban areas affected by road traffic noise, Applied Acoustics, Elsevier, Vol. 72, pp. 133-141, 2011.
5. Del Giudice V., Estimo e Valutazione Economica dei Progetti, Loffredo, Napoli, 2010.
6. Ruppert D., Wand M.P., Carroll R.J., Semiparametris regressions, Cambridge University Press, 2003.
7. Hastie T., Tibshirani R., Generalized Additive Models, Chapman & Hall, New York, 1990.
8. Manganelli B., Morano P., Tajani F., House Prices and Rents. The Italian Experience, WSEAS Transactions on Business and Economics, Vol. 11, 2014.
9. Morano P, Manganelli B., Estimating the market value of the building sites for homogeneous areas, Advanced Materials Research, Volume 869-870, 2014.
10. Manganelli B., Pontrandolfi P., Azzato A., Murgante B., Urban residential land value analysis: The case of Potenza, Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics), Volume 7974 LNCS, Issue PART 4, 2013.
11. Baranzini A., Ramirez J.V., Paying for Quietness: The impact of noise on Geneva rents, Urban Studies, Vol. 42 (4), 2005.
12. Blanco J.C., Flindell I., Property prices in urban areas affected by road traffic noise, Applied Acoustics, Elsevier, Vol. 72, 2011.
13. Brandt S., Maennig W., Road noise exposure and residential property prices: evidence from Hamburg, Transportation Research Part D, Elsevier, Vol. 16, 2011.
14. Day B., Bateman I., Lake I., Estimating the demand for peace and quiet using property market data, Working Paper EDM 06-03, Centre for Social and Economic Research on the Global Environment, School of Environmental Sciences, University of East Anglia, U.K., 2006.
15. Day B., Bateman I., Lake I., Beyond implicit prices: recovering theoretically consistent and transferable values for noise avoidance from a hedonic property price model, Environmental Resource Economics, Vol. 37 (1), 2007.
16. Dekkers J., Van der Straaten W., Monetary Valuation of Aircraft Noise, Tinbergen Institute, Discussion Paper 08-064/3, 2008.
17. Infras, External Costs of Transport, Update Study, IWW Universitaet Karlsruhe, 2003.
18. Janmaat J., The curse of student housing: evidence from Wolfville, Nova Scotia, Canadian Journal of Regional Sciences, Vol. 33 (3), 2005.
19. Kwang S.K., Sung J.P., Young-Jun K., Highway traffic noise effects on land price in an urban area, Transportation Research, Elsevier, Part D, Vol. 12, 2007.
20. McMillen D.P., Thorsnes P., The reaction of housing prices to information on superfund sites: a semiparametric analysis of the Tacoma, Washington Market, Advances in Econometrics, No. 14, 2000.
21. Nelson J.P., Meta-analysis of airport noise and hedonic property values, Journal of Transport Economics and Policy, Vol. 38 (1), 2004.
22. Nelson J.P., Hedonic property value studies on transportation noise: aircraft and road traffic, Forthcoming in Baranzini A. et Al. (eds) "Hedonic Methods in Housing Market Economics", Springer, 2007.
23. Rich J.H., Nielsen O.A., Assessment of traffic noise impacts, The International Journal of Environmental Studies, Vol. 61, No. 1, 2004.
24. Theebe M., Planes, Trains and Automobiles: The Impact of Traffic Noise on House Prices, Journal of Real Estate Finance and Economics, Kluwer Academic Publishers, 2004.
25. Manganelli B., Maintenance, building depreciation and land rent, Applied Mechanics and Materials, Volume 357-360, 2013.