{"id":8355,"date":"2022-07-19T15:52:51","date_gmt":"2022-07-19T20:52:51","guid":{"rendered":"https:\/\/sitios.udla.edu.ec\/econometria\/?p=8355"},"modified":"2022-07-21T13:30:45","modified_gmt":"2022-07-21T18:30:45","slug":"traffic-noise-and-property-values-an-instrumental-variable-strategy-for-hedonic-valuation","status":"publish","type":"post","link":"https:\/\/sitios.udla.edu.ec\/econometria\/traffic-noise-and-property-values-an-instrumental-variable-strategy-for-hedonic-valuation\/","title":{"rendered":"Traffic noise and property values: an instrumental variable strategy for hedonic valuation"},"content":{"rendered":"\n

Noise pollution is a consequence of socioeconomic development processes and urbanization. Noise action plans, urban planning, and traffic management are costly, and their undertaking raises the issue of the value of noise reduction to households. We use hedonic pricing to estimate the value of traffic noise for urban residents in Quito, Ecuador. Results were obtained using instrumental variables in order to control the possible omitted variables due to any spatial effect. Considering a large dataset of property attributes and noise exposure, properties inside the multiple land use were compared to those right behind them in a 20-meter buffer, which are characterized by similar structural attributes but different noise exposure levels.<\/p>\n","protected":false},"excerpt":{"rendered":"Noise pollution is a consequence of socioeconomic development processes and urbanization. Noise action plans, urban planning, and traffic management are costly, and…","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[85],"tags":[],"class_list":["post-8355","post","type-post","status-publish","format-standard","hentry","category-articulo"],"acf":[],"yoast_head":"\nTraffic noise and property values: an instrumental variable strategy for hedonic valuation - Econometr\u00eda<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sitios.udla.edu.ec\/econometria\/traffic-noise-and-property-values-an-instrumental-variable-strategy-for-hedonic-valuation\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Traffic noise and property values: an instrumental variable strategy for hedonic valuation - Econometr\u00eda\" \/>\n<meta property=\"og:description\" content=\"Noise pollution is a consequence of socioeconomic development processes and urbanization. Noise action plans, urban planning, and traffic management are costly, and...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sitios.udla.edu.ec\/econometria\/traffic-noise-and-property-values-an-instrumental-variable-strategy-for-hedonic-valuation\/\" \/>\n<meta property=\"og:site_name\" content=\"Econometr\u00eda\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-19T20:52:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-21T18:30:45+00:00\" \/>\n<meta name=\"author\" content=\"webmastermkt\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"webmastermkt\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minuto\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sitios.udla.edu.ec\/econometria\/traffic-noise-and-property-values-an-instrumental-variable-strategy-for-hedonic-valuation\/\",\"url\":\"https:\/\/sitios.udla.edu.ec\/econometria\/traffic-noise-and-property-values-an-instrumental-variable-strategy-for-hedonic-valuation\/\",\"name\":\"Traffic noise and property values: an instrumental variable strategy for hedonic valuation - Econometr\u00eda\",\"isPartOf\":{\"@id\":\"https:\/\/sitios.udla.edu.ec\/econometria\/#website\"},\"datePublished\":\"2022-07-19T20:52:51+00:00\",\"dateModified\":\"2022-07-21T18:30:45+00:00\",\"author\":{\"@id\":\"https:\/\/sitios.udla.edu.ec\/econometria\/#\/schema\/person\/ed31e3558d0591a5996e1f2a322a6a89\"},\"breadcrumb\":{\"@id\":\"https:\/\/sitios.udla.edu.ec\/econometria\/traffic-noise-and-property-values-an-instrumental-variable-strategy-for-hedonic-valuation\/#breadcrumb\"},\"inLanguage\":\"es\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sitios.udla.edu.ec\/econometria\/traffic-noise-and-property-values-an-instrumental-variable-strategy-for-hedonic-valuation\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sitios.udla.edu.ec\/econometria\/traffic-noise-and-property-values-an-instrumental-variable-strategy-for-hedonic-valuation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\/\/sitios.udla.edu.ec\/econometria\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Traffic noise and property values: an instrumental variable strategy for hedonic valuation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sitios.udla.edu.ec\/econometria\/#website\",\"url\":\"https:\/\/sitios.udla.edu.ec\/econometria\/\",\"name\":\"Econometr\u00eda\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/sitios.udla.edu.ec\/econometria\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"es\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/sitios.udla.edu.ec\/econometria\/#\/schema\/person\/ed31e3558d0591a5996e1f2a322a6a89\",\"name\":\"webmastermkt\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"es\",\"@id\":\"https:\/\/sitios.udla.edu.ec\/econometria\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/eb3ddf3b3a5d9f29a021eac2cdf916a3abddeb2baecb77a57ef1f73bdb7c0f47?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/eb3ddf3b3a5d9f29a021eac2cdf916a3abddeb2baecb77a57ef1f73bdb7c0f47?s=96&d=mm&r=g\",\"caption\":\"webmastermkt\"},\"sameAs\":[\"http:\/\/localhost\/econometria\"],\"url\":\"https:\/\/sitios.udla.edu.ec\/econometria\/author\/webmastermkt\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Traffic noise and property values: an instrumental variable strategy for hedonic valuation - Econometr\u00eda","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sitios.udla.edu.ec\/econometria\/traffic-noise-and-property-values-an-instrumental-variable-strategy-for-hedonic-valuation\/","og_locale":"es_ES","og_type":"article","og_title":"Traffic noise and property values: an instrumental variable strategy for hedonic valuation - Econometr\u00eda","og_description":"Noise pollution is a consequence of socioeconomic development processes and urbanization. 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