House prices and the proposed expansion of Chicago's O'Hare Airport
Quieter aircraft are causing the 65-db noise contour band around O'Hare Airport to shrink over time, even in the event that air traffic increases by nearly 60 percent after the proposed expansion of the airport. Forecasts imply that home prices will increase by nearly $280 million (in 1997 dollars) between 1997 and the time after the expansion of the airport as the number of homes subject to severe noise falls.
Volume (Year): (2004)
Issue (Month): Q III ()
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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Timothy J. Bartik & V. Kerry Smith, 1996.
"Urban Amenities and Public Policy,"
Book chapters authored by Upjohn Institute researchers,
in: V. Kerry Smith (ed.), Estimating Economic Values for Nature: Methods for Non-Market Valuation, pages 271-318
W.E. Upjohn Institute for Employment Research.
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