EconStor >
The Economic and Social Research Institute (ESRI), Dublin >
ESRI Working Papers, The Economic and Social Research Institute (ESRI) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/50016
  
Title:A hedonic analysis of the value of rail transport in the greater Dublin area PDF Logo
Authors:Mayor, Karen
Lyons, Seán
Duffy, David
Tol, Richard S. J.
Issue Date:2008
Series/Report no.:ESRI working paper 264
Abstract:We use a hedonic house price model to estimate the value of transport networks to homeowners in the Dublin area. Using a dataset of house sales between 2001 and 2006 and combining it with available geographical information system data on the train and tram lines in Dublin, it is possible to assess the values assigned to different transport links by homeowners. We find that the value of transport depends on how far from the property it is located and is also affected by the availability of alternative transport options in the area. There are differences in the values assigned to recently constructed tramlines compared to the traditional rapid transit train stations. The study also takes into account house characteristics and other environmental amenities.
Subjects:hedonic regression
train
tram
transport network
Ireland
geographical information system
Document Type:Working Paper
Appears in Collections:ESRI Working Papers, The Economic and Social Research Institute (ESRI)

Files in This Item:
File Description SizeFormat
58812091X.pdf1.04 MBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/50016

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.