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Spatial hedonic pricing models for testing the adequacy of acoustic areas in Madrid, Spain

Modelos espaciales de precios hedónicos para contrastar la adecuación de las áreas acústicas en Madrid, España
Authors: Montero Lorenzo, José María; Fernández Avilés, Gema; Mínguez Salido, Roman;

Spatial hedonic pricing models for testing the adequacy of acoustic areas in Madrid, Spain

Abstract

El ruido derivado del tráfico es una de las principales preocupaciones de las grandes ciudades. La mayoría de ellas han clasificado su territorio en áreas acústicas y han elaborado mapas estratégicos de ruido. A partir de ambas fuentes hemos creado siete tipos de vecindarios acústicos según su alejamiento del estándar legal y el porcentaje de población afectada. El modelo espacial de Durbin ha demostrado ser el que mejor modeliza el impacto del ruido en Madrid, ciudad objeto de estudio. Sin embargo, los resultados obtenidos no confirman la teoría hedónica y, como una de las posibles explicaciones, sugerimos que las áreas acústicas oficiales pudieran estar mal delimitadas.

Road traffic noise is one of the main concerns of large cities. Most of them have classified their territory in acoustic areas and have constructed strategic noise maps. From both sources we have elaborated seven types of acoustic neighbourhoods according to both their noise gap in regard to the legal standard and the percentage of population exposed to noise. A spatial Durbin model has been selected as the strategy that best models the impact of noise on housing prices. However, results for Madrid do not confirm the hedonic theory and indicate, as one of the possibilities, that the official acoustic areas in Madrid could be incorrectly designed.

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Spain
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Keywords

Geografía, Geography, Modelos espaciales de precios hedónicos, Economics, Área acústica, Social Sciences, Acoustical area; road traffic noise; strategic noise map; spatial hedonic pricing models, Spatial hedonic pricing models, strategic noise map, Economía, H, Mapa estratégico de ruido, spatial hedonic pricing models, Sociology, Ruido de tráfico, road traffic noise, Strategic noise map, Acoustical area, Road traffic noise, Sociología, jel: jel:C21, jel: jel:Q51, jel: jel:Q53

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popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
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