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Estimating non-marginal willingness to pay for railway noise abatements: application of the two-step hedonic regression technique
Swedish National Road and Transport Research Institute, Society, environment and transport, Transport economics Stockholm.
Toulouse School of Economics.
Swedish National Road and Transport Research Institute, Society, environment and transport, Transport economics Stockholm.
Swedish National Road and Transport Research Institute, Society, environment and transport, Enviroment and traffic analysis.
2010 (English)Report (Other academic)
Abstract [en]

In this study we estimate the willingness to pay for railway noise abatements based on the effect of railway noise on property prices. We estimate both steps of the hedonic regression technique on a large data set of different Swedish regions which contains detailed information about railway noise along with socioeconomic characteristics for each property/household. The estimated demand relationship suggest welfare gains for a 1 dB reduction of railway noise as; 1240 SEK per individual and year at the baseline noise level of 71 dB, and 661 SEK at the baseline noise level of 61 dB. Below a noise level of 49.09 dB, individuals have no willingness to pay for railway noise abatements. In policy, these results can be used for cost benefit analysis and to derive marginal costs for infrastructure charges.

Place, publisher, year, edition, pages
Stockholm: Statens väg- och transportforskningsinstitut, 2010. , 37 p.
Series
CTS Working Paper, 2012:27
Keyword [en]
Noise, Noise level, Prevention, Value analysis, Cost, Calculation, Mathematical model
Keyword [sv]
Buller, Bullernivå, Förebyggande, Värdeanalys, Kostnader, Beräkning, Matematiska modeller
National Category
Economics
Research subject
J00 Railway: General works, surveys, comprehensive works, J13 Railway: Economics; J00 Railway: General works, surveys, comprehensive works, J11 Railway: Environment
Identifiers
URN: urn:nbn:se:vti:diva-5194Archive number: TRV 2010/92212, BV F 08-6376/AL50, TRV 2010/92179OAI: oai:DiVA.org:vti-5194DiVA: diva2:674024
Available from: 2013-12-03 Created: 2013-12-03 Last updated: 2015-12-21Bibliographically approved

Open Access in DiVA

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