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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 Tol
We 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 Policy

ISSN

0022-5258

Publisher

University of Bath, School of Management

Issue

2

Volume

46

Page range

239-261

Department affiliated with

  • Economics Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-04-23

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