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http://hdl.handle.net/1893/3002| Appears in Collections: | Economics Working Papers |
| Peer Review Status: | Unrefereed |
| Title: | Does the housing market reflect cultural heritage? A case study of Greater Dublin |
| Author(s): | Moro, Mirko Mayor, Karen Lyons, Sean Tol, Richard S J |
| Contact Email: | mirko.moro@stir.ac.uk |
| Citation: | Moro M, Mayor K, Lyons S & Tol RSJ (2011) Does the housing market reflect cultural heritage? A case study of Greater Dublin. Stirling Economics Discussion Paper, 2011-07. |
| Keywords: | cultural economics cultural heritage hedonic regression hedonic price non-market valuation |
| Issue Date: | May-2011 |
| Series/Report no.: | Stirling Economics Discussion Paper, 2011-07 |
| Abstract: | Does the housing market reflect cultural heritage? We estimate several specifications of a hedonic price equation to establish whether distance to cultural heritage site is capitalised into housing prices in Greater Dublin, Ireland. The results show that distance to the nearest historic building has a significant and robust effect on housing prices. To our knowledge this is the first application of the hedonic price method to cultural heritage. |
| Type: | Working or Discussion Paper |
| URI: | http://hdl.handle.net/1893/3002 |
| Affiliation: | Economics Trinity College, Dublin Trinity College, Dublin Trinity College, Dublin |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| SEDP-2011-07-Moro-Mayor-Lyons-J.Tol .pdf | 1.09 MB | Adobe PDF | View/Open |
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