A GUIDE TO VALUING TRANSPORT EXTERNALITIES BY HEDONIC MEANS

The hedonic cross-sectional regression method has been a rich source of information on the price of urban amenities and disamenities generated by transport facilities. This paper offers the policy-maker a guide to the origins, principles and critical assumptions of hedonic pricing models before examining the econometric problems involved in the actual measurement of the external effects of transport facilities. A case study demonstrates the technique and its pitfalls. Notwithstanding the problems of measurement, the hedonic regression method is a rewarding avenue of exploration as to the external effects of transport works.

• Availability:
  • Find a library where document is available. Order URL: https://www.library.northwestern.edu/find-borrow-request/requests-interlibrary-loan/lending-institutions.html
• Authors:
  • WILLIAMS, A W
• Publication Date: 1991-10

Media Info

• Features: References; Tables;
• Pagination: p. 311-324
• Serial:
  • Transport Reviews
  • Volume: 11
  • Issue Number: 4
  • Publisher: Routledge
  • ISSN: 0144-1647
  • EISSN: 1464-5327
  • Serial URL: http://www.tandfonline.com/loi/ttrv20

Subject/Index Terms

• TRT Terms: Analysis; Costs; Cross sectional studies; Cross sections; Economic factors; Regression analysis; Urban areas; Urban development; Urban transportation
• Uncontrolled Terms: Cost analysis
• Old TRIS Terms: Transportation effects
• Subject Areas: Data and Information Technology; Economics; Finance; Highways; Society; I10: Economics and Administration;

Filing Info

• Accession Number: 00618969
• Record Type: Publication
• Files: TRIS, ATRI
• Created Date: Feb 29 1992 12:00AM