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Residential sorting and environmental externalities: the case of nonlinearities and stigma in aviation noise values

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journal contribution
posted on 04.02.2015, 11:35 by Sotirios Thanos, Abigail Bristow, Mark Wardman
This paper explores the sorting process in response to differing levels of aviation noise exposure in a housing market. Spatiotemporal hedonic pricing (HP) and stated choice (SC) results reflect nonlinearities and stigma. The HP models reveal nonlinear noise depreciation increasing from 0.40 to 2.38 percent per decibel as noise increases, while the SC noise values are lower in an area with high long-term noise exposure. These nonlinearities are attributed to the spatial sorting of noise tolerant individuals. HP results from the same “noisy“ area show a “stigma“ from noise during the first year after the complete removal of aviation noise.

Funding

We would like to thank EUROCONTROL Experimental Centre for funding this research.

History

School

  • Architecture, Building and Civil Engineering

Published in

Journal of Regional Science

Citation

THANOS, S., BRISTOW, A.L. and WARDMAN, M., 2014. Residential sorting and environmental externalities: the case of nonlinearities and stigma in aviation noise values. Journal of Regional Science, 55(3), pp.468-490.

Publisher

© Wiley Periodicals, Inc.

Version

AM (Accepted Manuscript)

Publisher statement

This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/

Publication date

2014

Notes

This is the peer reviewed version of the following article: THANOS, S., BRISTOW, A.L. and WARDMAN, M., 2014. Residential sorting and environmental externalities: the case of nonlinearities and stigma in aviation noise values. Journal of Regional Science, 55(3), pp.468-490., which has been published in final form at http://dx.doi.org/10.1111/jors.12162. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.

ISSN

0022-4146

eISSN

1467-9787

Language

en

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