IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-642-35548-6_49.html
   My bibliography  Save this book chapter

Airport Noise and Residential Property Values: Evidence from Beijing

In: Proceedings of the 17th International Symposium on Advancement of Construction Management and Real Estate

Author

Listed:
  • Antoine Nguy

    (Tsinghua University)

  • Cong Sun

    (Tsinghua University)

  • Siqi Zheng

    (Tsinghua University)

Abstract

Cities are used to develop in the vicinity of transport hubs : formerly near waterways and ports, then around railways and highways. More recently, globalization requires cities to contribute to the international flows of passengers, goods and information. Thus, air transportation industry plays a major role in the economic development of an urban area. In China, the number of civil airports increased significantly in recent years. Most airports are built in suburban areas because noise generated by airports is considered as a disamenity towards neighboring areas. Some scholars have already studied this phenomenon – particularly in North America and Europe. In China, although this issue receives wide media coverage, the question is still discussed in the academic circle. The paper is based on transaction data in residential areas close to Beijing Capital International Airport. By using econometric models and estimating them via the hedonic price method, we derive the impact of aircraft noise on the willingness to pay for residential properties. The results suggest that a 1 dB increase in noise exposure leads to a 1.05–1.28 % depreciation of property values. This estimate is on the high side compared to other international NDI studies.

Suggested Citation

  • Antoine Nguy & Cong Sun & Siqi Zheng, 2014. "Airport Noise and Residential Property Values: Evidence from Beijing," Springer Books, in: Jiayuan Wang & Zhikun Ding & Liang Zou & Jian Zuo (ed.), Proceedings of the 17th International Symposium on Advancement of Construction Management and Real Estate, edition 127, chapter 0, pages 473-481, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-35548-6_49
    DOI: 10.1007/978-3-642-35548-6_49
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mirosław Bełej & Radosław Cellmer & Michał Głuszak, 2020. "The Impact of Airport Proximity on Single-Family House Prices—Evidence from Poland," Sustainability, MDPI, vol. 12(19), pages 1-26, September.
    2. Radoslaw Trojanek & Justyna Tanas & Saulius Raslanas & Audrius Banaitis, 2017. "The Impact of Aircraft Noise on Housing Prices in Poznan," Sustainability, MDPI, vol. 9(11), pages 1-16, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-642-35548-6_49. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.