- -

Assessing the Impact of Road Traffic Externalities on Residential Price Values: a Case Study in Madrid, Spain

RiuNet: Repositorio Institucional de la Universidad Politécnica de Valencia

Compartir/Enviar a

Citas

Estadísticas

  • Estadisticas de Uso

Assessing the Impact of Road Traffic Externalities on Residential Price Values: a Case Study in Madrid, Spain

Mostrar el registro sencillo del ítem

Ficheros en el ítem

dc.contributor.author Guijarro, Francisco es_ES
dc.date.accessioned 2020-12-23T04:31:53Z
dc.date.available 2020-12-23T04:31:53Z
dc.date.issued 2019-12-02 es_ES
dc.identifier.issn 1660-4601 es_ES
dc.identifier.uri http://hdl.handle.net/10251/157769
dc.description.abstract [EN] This paper describes a study of the relationship between undesired road traffic externalities and residential price values in the Spanish city of Madrid. A large database was gathered, including the price and characteristics of 21,634 flats and road traffic intensity at 3904 different points across the city. The results obtained by a hedonic model suggest that both distance from the traffic measurement point and average daily traffic are significantly related to the price of residential properties, even after controlling for structural and neighbourhood variables. Distance to traffic areas has a positive impact on dwelling prices, whilst these are negatively related to traffic intensity. es_ES
dc.language Inglés es_ES
dc.publisher MDPI AG es_ES
dc.relation.ispartof International Journal of Environmental research and Public Health es_ES
dc.rights Reconocimiento (by) es_ES
dc.subject Road traffic es_ES
dc.subject Residential price es_ES
dc.subject Hedonic model es_ES
dc.subject Traffic externalities es_ES
dc.subject.classification ECONOMIA FINANCIERA Y CONTABILIDAD es_ES
dc.title Assessing the Impact of Road Traffic Externalities on Residential Price Values: a Case Study in Madrid, Spain es_ES
dc.type Artículo es_ES
dc.identifier.doi 10.3390/ijerph16245149 es_ES
dc.rights.accessRights Abierto es_ES
dc.contributor.affiliation Universitat Politècnica de València. Departamento de Economía y Ciencias Sociales - Departament d'Economia i Ciències Socials es_ES
dc.description.bibliographicCitation Guijarro, F. (2019). Assessing the Impact of Road Traffic Externalities on Residential Price Values: a Case Study in Madrid, Spain. International Journal of Environmental research and Public Health. 16(24):1-13. https://doi.org/10.3390/ijerph16245149 es_ES
dc.description.accrualMethod S es_ES
dc.relation.publisherversion https://doi.org/10.3390/ijerph16245149 es_ES
dc.description.upvformatpinicio 1 es_ES
dc.description.upvformatpfin 13 es_ES
dc.type.version info:eu-repo/semantics/publishedVersion es_ES
dc.description.volume 16 es_ES
dc.description.issue 24 es_ES
dc.identifier.pmid 31861055 es_ES
dc.identifier.pmcid PMC6950656 es_ES
dc.relation.pasarela S\398879 es_ES
dc.description.references Kim, M., Chang, S. I., Seong, J. C., Holt, J. B., Park, T. H., Ko, J. H., & Croft, J. B. (2012). Road Traffic Noise. American Journal of Preventive Medicine, 43(4), 353-360. doi:10.1016/j.amepre.2012.06.014 es_ES
dc.description.references Sorensen, M., Hvidberg, M., Andersen, Z. J., Nordsborg, R. B., Lillelund, K. G., Jakobsen, J., … Raaschou-Nielsen, O. (2011). Road traffic noise and stroke: a prospective cohort study. European Heart Journal, 32(6), 737-744. doi:10.1093/eurheartj/ehq466 es_ES
dc.description.references Munzel, T., Gori, T., Babisch, W., & Basner, M. (2014). Cardiovascular effects of environmental noise exposure. European Heart Journal, 35(13), 829-836. doi:10.1093/eurheartj/ehu030 es_ES
dc.description.references Bodin, T., Albin, M., Ardö, J., Stroh, E., Östergren, P.-O., & Björk, J. (2009). Road traffic noise and hypertension: results from a cross-sectional public health survey in southern Sweden. Environmental Health, 8(1). doi:10.1186/1476-069x-8-38 es_ES
dc.description.references Lercher, P., Widmann, U., & Thudium, J. (2014). Hypotension and Environmental Noise: A Replication Study. International Journal of Environmental Research and Public Health, 11(9), 8661-8688. doi:10.3390/ijerph110908661 es_ES
dc.description.references Dzhambov, A. M., & Lercher, P. (2019). Road Traffic Noise Exposure and Depression/Anxiety: An Updated Systematic Review and Meta-Analysis. International Journal of Environmental Research and Public Health, 16(21), 4134. doi:10.3390/ijerph16214134 es_ES
dc.description.references De Kluizenaar, Y., Janssen, S., Vos, H., Salomons, E., Zhou, H., & van den Berg, F. (2013). Road Traffic Noise and Annoyance: A Quantification of the Effect of Quiet Side Exposure at Dwellings. International Journal of Environmental Research and Public Health, 10(6), 2258-2270. doi:10.3390/ijerph10062258 es_ES
dc.description.references Urban, J., & Máca, V. (2013). Linking Traffic Noise, Noise Annoyance and Life Satisfaction: A Case Study. International Journal of Environmental Research and Public Health, 10(5), 1895-1915. doi:10.3390/ijerph10051895 es_ES
dc.description.references Shepherd, D., Welch, D., Dirks, K., & McBride, D. (2013). Do Quiet Areas Afford Greater Health-Related Quality of Life than Noisy Areas? International Journal of Environmental Research and Public Health, 10(4), 1284-1303. doi:10.3390/ijerph10041284 es_ES
dc.description.references Del Giudice, V., De Paola, P., Manganelli, B., & Forte, F. (2017). The Monetary Valuation of Environmental Externalities through the Analysis of Real Estate Prices. Sustainability, 9(2), 229. doi:10.3390/su9020229 es_ES
dc.description.references Wilhelmsson, M. (2000). The Impact of Traffic Noise on the Values of Single-family Houses. Journal of Environmental Planning and Management, 43(6), 799-815. doi:10.1080/09640560020001692 es_ES
dc.description.references Baranzini, A., & Ramirez, J. V. (2005). Paying for Quietness: The Impact of Noise on Geneva Rents. Urban Studies, 42(4), 633-646. doi:10.1080/00420980500060186 es_ES
dc.description.references Kim, K. S., Park, S. J., & Kweon, Y.-J. (2007). Highway traffic noise effects on land price in an urban area. Transportation Research Part D: Transport and Environment, 12(4), 275-280. doi:10.1016/j.trd.2007.03.002 es_ES
dc.description.references Blanco, J. C., & Flindell, I. (2011). Property prices in urban areas affected by road traffic noise. Applied Acoustics, 72(4), 133-141. doi:10.1016/j.apacoust.2010.11.004 es_ES
dc.description.references Łowicki, D., & Piotrowska, S. (2015). Monetary valuation of road noise. Residential property prices as an indicator of the acoustic climate quality. Ecological Indicators, 52, 472-479. doi:10.1016/j.ecolind.2015.01.002 es_ES
dc.description.references Szczepańska, A., Senetra, A., & Wasilewicz-Pszczółkowska, M. (2015). The effect of road traffic noise on the prices of residential property – A case study of the polish city of Olsztyn. Transportation Research Part D: Transport and Environment, 36, 167-177. doi:10.1016/j.trd.2015.02.011 es_ES
dc.description.references Levkovich, O., Rouwendal, J., & van Marwijk, R. (2015). The effects of highway development on housing prices. Transportation, 43(2), 379-405. doi:10.1007/s11116-015-9580-7 es_ES
dc.description.references Li, W., & Saphores, J.-D. (2012). Assessing Impacts of Freeway Truck Traffic on Residential Property Values. Transportation Research Record: Journal of the Transportation Research Board, 2288(1), 48-56. doi:10.3141/2288-06 es_ES
dc.description.references Brandt, S., & Maennig, W. (2011). Road noise exposure and residential property prices: Evidence from Hamburg. Transportation Research Part D: Transport and Environment, 16(1), 23-30. doi:10.1016/j.trd.2010.07.008 es_ES
dc.description.references Kawamura, K., & Mahajan, S. (2005). Hedonic Analysis of Impacts of Traffic Volumes on Property Values. Transportation Research Record: Journal of the Transportation Research Board, 1924(1), 69-75. doi:10.1177/0361198105192400109 es_ES
dc.description.references Day, B., Bateman, I., & Lake, I. (2007). Beyond implicit prices: recovering theoretically consistent and transferable values for noise avoidance from a hedonic property price model. Environmental and Resource Economics, 37(1), 211-232. doi:10.1007/s10640-007-9121-8 es_ES
dc.description.references Andersson, H., Jonsson, L., & Ögren, M. (2009). Property Prices and Exposure to Multiple Noise Sources: Hedonic Regression with Road and Railway Noise. Environmental and Resource Economics, 45(1), 73-89. doi:10.1007/s10640-009-9306-4 es_ES
dc.description.references Larsen, J. E. (2012). Surface street traffic volume and single-family house price. Transportation Research Part D: Transport and Environment, 17(4), 317-320. doi:10.1016/j.trd.2012.01.004 es_ES
dc.description.references Del Giudice, V., & de Paola, P. (2014). The Effects of Noise Pollution Produced by Road Traffic of Naples Beltway on Residential Real Estate Values. Applied Mechanics and Materials, 587-589, 2176-2182. doi:10.4028/www.scientific.net/amm.587-589.2176 es_ES
dc.description.references Swoboda, A., Nega, T., & Timm, M. (2015). HEDONIC ANALYSIS OVER TIME AND SPACE: THE CASE OF HOUSE PRICES AND TRAFFIC NOISE. Journal of Regional Science, 55(4), 644-670. doi:10.1111/jors.12187 es_ES
dc.description.references Le Boennec, R., & Salladarré, F. (2017). The impact of air pollution and noise on the real estate market. The case of the 2013 European Green Capital: Nantes, France. Ecological Economics, 138, 82-89. doi:10.1016/j.ecolecon.2017.03.030 es_ES
dc.description.references Gallo, M. (2018). The Impact of Urban Transit Systems on Property Values: A Model and Some Evidences from the City of Naples. Journal of Advanced Transportation, 2018, 1-22. doi:10.1155/2018/1767149 es_ES
dc.description.references Del Giudice, V., De Paola, P., & Cantisani, G. (2017). Rough Set Theory for Real Estate Appraisals: An Application to Directional District of Naples. Buildings, 7(4), 12. doi:10.3390/buildings7010012 es_ES
dc.description.references Dubin, R. A. (1992). Spatial autocorrelation and neighborhood quality. Regional Science and Urban Economics, 22(3), 433-452. doi:10.1016/0166-0462(92)90038-3 es_ES
dc.description.references Chica Olmo, J. (1995). Spatial Estimation of Housing Prices and Locational Rents. Urban Studies, 32(8), 1331-1344. doi:10.1080/00420989550012492 es_ES
dc.description.references Hiller, N. (2014). The relative importance of structural and locational effects on apartment price variations in a medium-sized German city. Review of Regional Research, 35(1), 73-102. doi:10.1007/s10037-014-0086-0 es_ES
dc.description.references Inuiguchi, M., & Kume, Y. (1991). Goal programming problems with interval coefficients and target intervals. European Journal of Operational Research, 52(3), 345-360. doi:10.1016/0377-2217(91)90169-v es_ES


Este ítem aparece en la(s) siguiente(s) colección(ones)

Mostrar el registro sencillo del ítem