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Airport expansions and property values: the case of Chicago O'Hare Airport

机译:机场扩建和物业价值:以芝加哥奥黑尔机场为例

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摘要

The paper adds to the empirical literature by providing up-to-date estimates of the effect of airport noise on property values around one of the world's busiest airports, Chicago O'Hare. The results indicate that home values were about 9% lower within a 65 dB noise contour band of O'Hare in 1997. Opponents of airport expansions argue that increased noise will reduce property values and lower tax bases. The results of this paper suggest that aircraft are becoming so much quieter that the airport can be expanded without causing a drop in local property values or tax bases. Estimates suggest that house prices may rise by as much as $284.6 million in the densely populated area around O'Hare after a new runway is added to the airport.
机译:本文通过提供有关机场噪声对世界上最繁忙的机场之一芝加哥奥黑尔附近的财产价值的影响的最新估计,增加了经验文献。结果表明,在1997年的奥黑尔65 dB噪声等值线范围内,房屋价值降低了约9%。反对机场扩建的人士认为,噪声的增加会降低房地产价值并降低税基。本文的结果表明,飞机变得越来越安静,可以扩展机场而不会导致当地财产价值或税基下降。据估计,在机场增加一条新跑道之后,奥黑尔附近人口稠密的地区的房价可能会上涨2.846亿美元。

著录项

  • 来源
    《Journal of Urban Economics》 |2004年第3期|p.627-640|共14页
  • 作者

    Daniel P. McMillen;

  • 作者单位

    Department of Economics and Institute for Government and Public Affairs, University of Illinois at Chicago, 601 S. Morgan St. (MC 144), Chicago, IL 60607, USA;

  • 收录信息
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类 f;
  • 关键词

    hedonic; airports; noise; housing; amenities;

    机译:享乐主义;机场;噪声;房屋;便利设施;

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