Housing values, census estimates, disequilibrium, and the environmental cost of airport noise: a case study of Atlanta

Journal Article · Sat Jun 01 04:00:00 EDT 1985 · J. Environ. Econ. Manage.; (United States)

DOI:https://doi.org/10.1016/0095-0696(85)90026-9· OSTI ID:5533515

O'Byrne, P H; Nelson, J P; Seneca, J J

Two unresolved issues about airport noise-property value studies are addressed. The first issue concerns the comparability of empirical results from aggregate census data vs individual sales values, and the second issue concerns the homogeneity and stability of results from housing price studies over time and across markets. Hedonic price models from two sets of data for a residential area near the Atlanta International Airport are estimated at two points in time, 1979-1980 and 1970-1972. The available data yield similar estimates of the noise discount over time, and from the prices of individual house sales vs owner-appraised census block aggregates. 26 references, 3 tables

• Research Organization: IBM, Inc., Harrisburg, PA
• OSTI ID: 5533515
• Journal Information: J. Environ. Econ. Manage.; (United States), Journal Name: J. Environ. Econ. Manage.; (United States) Vol. 12:2; ISSN JEEMD
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290300* -- Energy Planning & Policy-- Environment
Health
& Safety
AIRPORTS
BUILDINGS
DEMOGRAPHY
ECONOMIC IMPACT
HOUSES
INSTITUTIONAL FACTORS
NOISE POLLUTION
POLLUTION
PRICES
PROPERTY VALUES
RESIDENTIAL BUILDINGS
RESIDENTIAL SECTOR
SOCIO-ECONOMIC FACTORS