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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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Tab A11. Noise effects: Historical boundary discontinuity models (1) (2) (3) (4) (5) (6) Ln land price 1904 - ln land price 1900 Noise (10 decibel) -0.012*** (0.003) -0.052*** (0.014) -0.041*** (0.012) -0.062*** (0.015) -0.052*** (0.013) -0.049*** (0.013) Noise spillover effect - - Yes - Yes Yes Corridor effect - Yes Yes Yes Yes Yes Controls - - - Yes Yes Yes Lagged ln land prices - - - - - Yes Noise IV - Yes Yes Yes Yes Yes N 7,869 7,869 7,869 7,869 7,869 7,869 r2 .0019 - - - - -Notes: Corridor effect is a dummy variable taking the value of one for parcels within a tunnel distance of 500 m (either side of the entrance) and track distance of <= 50 m, and zero otherwise. Noise instrument is a dummy variable taking a value of one for parcels along the elevated section of the corridor and zero otherwise.
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