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Gabriel M, Ahlfeldt ; Nicolai, Wendland ; Gabriel, Ahlfeldt ; Volker, Nitsch ; Volker, Nitsch. (2019) Ease versus noise: long-run changes in the value of transport (dis)amenities.
In: CEP Discussion Papers. RePEc:cep:cepdps:dp1631.
Full description at Econpapers
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5.2 Baseline results The tunnel entrance between the stations Nollendorfplatz and Wittenbergplatz, where Line A turns from an elevated line into an underground line, provides a source of sharp variation in rail disamenities. In the figure below, we illustrate the distributions of rail noise emitted by Line A around the tunnel entrance, as well as the distributions of land prices in levels and changes (19001904, the line opened in 1902). We restrict the sample to plots within close proximity to the track (50 meters), because this is where the noise disamenity of an elevated line is concentrated in this densely developed urban setting. We group parcels into 100-m-bins for which we then illustrate the mean value of an outcome as circles. The error bars allow for a quick evaluation of whether or not a within-bin mean is statistically different (at the 90% level) from the mean across all observations on the other side of the tunnel entrance.
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