In studying the relationship between airports and surrounding communities, analysts have developed noise depreciation indices to describe the changes in housing prices associated with changes in noise levels. This analysis uses the indices to estimate and assess the noise-damage costs under different growth scenarios at one airport. Sensitivity analyses are also used to identify how key inputs affect these noise-damage costs. Other socioeconomic indicators are also analyzed to set the context for these noise-damage costs.
Get full access to this article
View all access options for this article.
References
1.
Environmental Review 2004.International Air Transport Association, Montreal, Quebec, Canada, 2004.
2.
AshfordN., and WrightP. H.Airport Engineering, 3rd ed. John Wiley and Sons, Inc., New York, 1992.
3.
HoronjeffR., and McKelveyF. X.Planning and Design of Airports, 3rd ed. McGraw-Hill, New York, 1983.
4.
SchipperY., NijkampP., and RietveldP.Why Do Aircraft Noise Value Estimates Differ? A Meta-Analysis. Journal of Air Transport Management, Vol. 4, No. 2, 1998, pp. 117–124.
5.
LuC., and MorrellP.Evaluation and Implications of Environmental Charges on Commercial Flights. Transport Reviews, Vol. 21, No. 3, 2001, pp. 377–395.
6.
NelsonJ. P.Meta-Analysis of Airport Noise and Hedonic Property Values: Problems and Prospects. Journal of Transport Economics and Policy, Vol. 38, No. 1, 2004, pp. 1–27.
7.
MoreyM.The Effects of Aircraft Noise at Williams Air Force Base Auxiliary Field on Residential Property Values.Environmental Assessment and Information Sciences Division, Argonne National Laboratory, Argonne, Ill., 1990.
8.
KaufmanH., and EspeyM.No Plane, Big Gain: Airport Noise and Residential Property Values in the Reno-Sparks Area. Proc. Annual Meeting of Western Agricultural Economics Association, Reno, Nev., July 13–16, 1997.
9.
O'ByrneP., NelsonJ., and SenecaJ.Housing Values, Census Estimates, Disequilibrium, and the Environmental Cost of Airport Noise: A Case Study of Atlanta. Journal of Environmental Economics and Management, Vol. 6, No. 2, 1985, pp. 169–178.
10.
UyenoD., HamiltonS., and BiggsA.Density of Residential Land Use and the Impact of Airport Noise. Journal of Transport Economics and Policy, Vol. 27, No. 1, 1993, pp. 3–18.
11.
TomkinsJ., TophamN., TwomeyJ., and WardR.Noise Versus Access: The Impact of an Airport in an Urban Property Market. Urban Studies, Vol. 35, No. 2, 1998, pp. 243–258.
12.
YamaguchiY.Estimating the Cost of Aircraft Noise Around Airports in London: A Hedonic Study. MS thesis. University College London, 1996.
13.
FeitelsonE., HurdR., and MudgeR.The Impact of Airport Noise on Willingness to Pay for Residences. Transportation Research Part D: Transport and Environment, Vol. 1, No. 1, 1996, pp. 1–14.
14.
EspeyM., and LopezH.The Impact of Airport Noise and Proximity on Residential Property Values. Growth and Change, Vol. 31, No. 3, 2000, pp. 408–419.
15.
McMillenD. P.Airport Expansions and Property Values: The Case of Chicago O'Hare Airport. Journal of Urban Economics, Vol. 55, No. 3, 2004, pp. 627–640.
16.
CohenJ., and CoughlinC.Spatial Hedonic Models of Airport Noise, Proximity, and Housing Prices.Federal Reserve Bank of Saint Louis, Saint Louis, Mo., 2007.
17.
SERAS Stage 2—Appraisal Findings Report.Department for Transport, London, 2003.
18.
The Green Book: Appraisal and Evaluation in Central Government.HM Treasury, Stationery Office, London, 2008.
19.
KishC.An Estimate of the Global Impact of Commercial Aviation Noise. MS thesis. Massachusetts Institute of Technology, Cambridge, 2008.
20.
LazicA., and GolaszewskiR.A Technical Note on Aircraft Noise and Its Cost to Society.GRA, Inc., Jenkintown, Pa., 2006.
21.
BrookerP., CritchleyJ., MonkmanD., and RichmondC.United Kingdom Aircraft Noise Index Study: Main Report.UK Civil Aviation Authority, London, 1985.
22.
MVA Consultancy. Attitudes to Noise from Aviation Sources in England—Executive Summary.Department for Transport, London, 2007.
23.
MiedemaH., and OudshoornC.Annoyance from Transportation Noise: Relationships with Exposure Metrics DNL and DENL and Their Confidence Intervals. Environmental Health Perspectives, Vol. 109, No. 4, pp. 409–416.
