دورية أكاديمية

An Investigation of Property Value Impairment Caused by Noise, in the Case of the Budapest Ferenc Liszt International Airport, Using a Hedonic Model.

التفاصيل البيبلوغرافية
العنوان: An Investigation of Property Value Impairment Caused by Noise, in the Case of the Budapest Ferenc Liszt International Airport, Using a Hedonic Model.
المؤلفون: Hajnal, István
المصدر: Periodica Polytechnica: Social & Management Sciences; 2017, Vol. 25 Issue 1, p49-55, 7p
مصطلحات موضوعية: INTERNATIONAL airports, NOISE pollution, VALUATION, HEDONIC damages
مصطلحات جغرافية: NORTH America, WESTERN Europe
مستخلص: The issue of the value impairing impact of airports on nearby properties has been studied in the technical literature for decades. There is quite a wide consensus on the fact that in North America and Western Europe, the increasing noise pollution caused by airports leads to reduced property values: in general, each 1 dB growth in noise level leads to a 1% drop in property value. The purpose of this study is to find a correlation between noise levels and property value impairment (if any), based on the limited amount of available data, with regard to Budapest Ferenc Liszt International Airport (BUD). The examination described in this paper was conducted applying the commonly-used hedonic model, and, even though this study could not prove the correlation, it designates the direction in which necessary database-building and future research should be conducted. [ABSTRACT FROM AUTHOR]
Copyright of Periodica Polytechnica: Social & Management Sciences is the property of Periodica Polytechnica and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
قاعدة البيانات: Complementary Index
الوصف
تدمد:14163837
DOI:10.3311/PPso.8850