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/10419/50040
  
Title:Does the housing market reflect cultural heritage? A case study of Greater Dublin PDF Logo
Authors:Moro, Mirko
Mayor, Karen
Lyons, Seán
Tol, Richard S. J.
Issue Date:2011
Series/Report no.:ESRI working paper 386
Abstract:Does the housing market reflect cultural heritage? We estimate several specifications of a hedonic price equation to establish whether distance to cultural heritage site is capitalised into housing prices in Greater Dublin, Ireland. The results show that distance to the nearest historic building has a significant and robust effect on housing prices. To our knowledge this is the first application of the hedonic price method to cultural heritage.
Subjects:cultural economics
cultural heritage
hedonic price
hedonic regression
non-market valuation
Document Type:Working Paper
Appears in Collections:ESRI Working Papers, The Economic and Social Research Institute (ESRI)

Files in This Item:
File Description SizeFormat
65738089X.pdf1.08 MBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/50040

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