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

Thanos, S, Bristow, AL and Wardman, MR (2015) Residential sorting and environmental externalities: The case of nonlinearities and stigma in aviation noise values Journal of Regional Science, 55 (3). pp. 468-490.

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Abstract

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.

Item Type: Article
Subjects : Civil Engineering
Divisions : Faculty of Engineering and Physical Sciences > Civil and Environmental Engineering
Authors :
NameEmailORCID
Thanos, SUNSPECIFIEDUNSPECIFIED
Bristow, ALUNSPECIFIEDUNSPECIFIED
Wardman, MRUNSPECIFIEDUNSPECIFIED
Date : 1 January 2015
Identification Number : 10.1111/jors.12162
Copyright Disclaimer : © 2014 Wiley Periodicals, Inc.
Depositing User : Symplectic Elements
Date Deposited : 05 Apr 2017 07:20
Last Modified : 31 Oct 2017 19:17
URI: http://epubs.surrey.ac.uk/id/eprint/813942

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