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External productivity and utility effects of city airports

Ahlfeldt, Gabriel M. ORCID: 0000-0001-5664-3230 and Maennig, Wolfgang (2011) External productivity and utility effects of city airports. Regional Studies, 47 (4). pp. 508-529. ISSN 0034-3404

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Identification Number: 10.1080/00343404.2011.581652


This paper uses a micro-level data set for residential and commercial property transactions to investigate external utility and productivity effects for three (city) airports in Berlin, Germany in a spatial hedonic analysis. We find strong evidence of adverse noise effects on property prices and a discontinuity at approximately 55dB. Marginal price effects decrease significantly in the presence of alternative noise sources, which can lead to biased estimates if the interaction effect is not accounted for appropriately. Given that there is less evidence of positive accessibility effects, our result questions the justification for locating airports in city centres.

Item Type: Article
Official URL:
Additional Information: © 2011 Routledge, Taylor & Francis Group
Divisions: Geography & Environment
Spatial Economics Research Centre
Subjects: G Geography. Anthropology. Recreation > G Geography (General)
H Social Sciences > HC Economic History and Conditions
Date Deposited: 06 Apr 2011 09:07
Last Modified: 16 May 2024 01:14

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