Ease vs. noise: Long-run changes in the value of transport (dis)amenities

Ahlfeldt, Gabriel M.; Nitsch, Volker; Wendland, Nicolai

doi:10.1016/j.jeem.2019.102268

Cited by 18 publications

(10 citation statements)

References 58 publications

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“…Finally, with regard to the valuation of transportation infrastructure, Ahlfeldt et al. (2019) find that long‐run changes in income impact the values of amenities and disamenities of transit infrastructure, whereas we find that the willingness to pay (WTP) for transportation access may change over time.…”

Section: Introductioncontrasting

confidence: 51%

“…In our structural analysis, we quantify these two effects. Finally, with regard to the valuation of transportation infrastructure, Ahlfeldt et al (2019) find Notes: The boundaries of Vancouver and Abbotsford-Mission census tracts are displayed in gray, and have been re-defined to have a constant geography over the three years of our data (2001, 2006, and 2011). Geospatial files for the census tracts are sourced from Statistics Canada.…”

Section: Introductionmentioning

confidence: 99%

“…There are two other predominant structural frameworks in urban economics:Epple and Sieg's (1999) pure characteristics model andAhlfeldt et al's (2015) internal city structure model. We use theBayer et al (2004) framework as it is well suited to studying the relationship between transit investment, residential sorting, and housing price changes, which is the focus of our analysis.…”

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confidence: 99%

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Distributional and Housing Price Effects From Public Transit Investment: Evidence From Vancouver

Chernoff

Craig

2021

Int Economic Review

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We estimate a residential sorting model using microdata to study an expansion of the Vancouver rapid transit network. Our results indicate that many aspects of household preferences were stable over time; however, preferences for transit access became more homogeneous with respect to income. Simulations show that these preference changes, along with endogenous housing appreciation and rising income levels in connected neighborhoods, result in larger benefits for higher-income households. This distributional pattern is driven by the gains of households working in pre-connected neighborhoods. In contrast, the benefits to those working in newly connected neighborhoods disproportionately favor lower-income households.

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Section: Introductioncontrasting

confidence: 51%

Section: Introductionmentioning

confidence: 99%

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confidence: 99%

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Distributional and Housing Price Effects From Public Transit Investment: Evidence From Vancouver

Chernoff

Craig

2021

Int Economic Review

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“…and environment (noise, landscape, etc. ), and some studies on the impact of noise also use these variables [6,7]. However, most of the existing house price data are second-hand house price data, and these price data have the potential problem that they actually contain the cost of existing house noise-reduction measures.…”

Section: Model Name Function Expressionmentioning

confidence: 99%

“…[3][4][5]. Simultaneously, noises generated by different modes of traffic, including rail transit, may also reduce the price of land and real estate in the surrounding area [6,7]. Reducing the negative impact of noise will not only protect the health of urban residents, but also help to maintain the attractiveness of rail transit and the sustainable development of society and economy.…”

Section: Introductionmentioning

confidence: 99%

Evaluation of Land-Use Layout of the Rail Station Area Based on the Difference in Noise Sensitivity to Rail Transit, Taking a Suburb of Tokyo as an Example

Zhai

Yao

2022

Sustainability

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Rail transit has been deemed a sustainable means of transportation, but its agglomeration effect and the noise therefrom create conflict. Generally, such conflict can be solved by designing the architecture and facilities of rail transit using noise-reduction methods. However, relevant studies have pointed out the limitations of such methods from the perspective of enforceability and social justice. Specifically, extensive monitoring of noise is difficult, and the cost of noise reduction is mostly borne by the surrounding residents. Thus, another question has been raised: Can we apply a land-use layout that takes into account the difference in sensitivity to rail noise of different types of land so as to weaken the negative impact of rail noise? In this paper, we adopted various methods of the characteristic price method, progressive multivariate regression analysis method and noise simulation method, and adopted the suburban rail transit system in Japan as the research object to analyze the impact of rail noise on the price of residential land within 200 m of the rail line. Additionally, we investigated the impact of the accessibility to the station site on the price of commercial and residential land within 800 m of the rail line. We also established the evaluation model on this basis. Lastly, we conducted a further discussion on the evaluation model by studying the re-development project of Tokyo’s Futako Tamagawa Station. The major conclusions in this paper are the following: rail noise is negatively related to the price of residential land within 200 m of the rail line; the price of commercial land within 800 m of the station site is negatively related to the station’s accessibility; and the price of residential land is unrelated to the station’s accessibility. According to the results of the analysis of Tokyo’s Futako Tamagawa Station, designing and arranging commercial land that is insensitive to rail noise in the area surrounding the rail line and using commercial buildings as a shield for the residential land behind them will be beneficial for weakening the negative impact of noise and maximizing the use of the commercial value generated by the station’s accessibility.

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The Welfare Impacts of Large Urban Noise Reductions: Implications from Household Sorting in Vienna

Klaiber

Morawetz

2021

Environ Resource Econ

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Ease vs. noise: Long-run changes in the value of transport (dis)amenities

Cited by 18 publications

References 58 publications

Distributional and Housing Price Effects From Public Transit Investment: Evidence From Vancouver

Distributional and Housing Price Effects From Public Transit Investment: Evidence From Vancouver

Evaluation of Land-Use Layout of the Rail Station Area Based on the Difference in Noise Sensitivity to Rail Transit, Taking a Suburb of Tokyo as an Example

The Welfare Impacts of Large Urban Noise Reductions: Implications from Household Sorting in Vienna

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