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A hedonic analysis of the value of rail transport in the Greater Dublin area
journal contribution
posted on 2023-06-08, 10:16 authored by Karen Mayor, Seán Lyons, David Duffy, Richard TolRichard TolWe use a hedonic house price model to estimate the value of transport networks to homeowners in the Dublin area. Using a data set of house sales and data on rail lines in Dublin, we assess the values assigned to different transport links by homeowners. We find that the value attributed to transport depends on its distance from a property and is affected by the availability of alternative transport options. There are differences in the values assigned to recently constructed tramlines compared to the traditional rapid transit train stations. The study also takes into account house characteristics and other environmental amenities.
History
Publication status
- Published
Journal
Journal of Transport Economics and PolicyISSN
0022-5258Publisher
University of Bath, School of ManagementIssue
2Volume
46Page range
239-261Department affiliated with
- Economics Publications
Full text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2012-04-23Usage metrics
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