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The impact of the new airport of Athens on the land values of Eastern Attica

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  • E. Sidiropoulos

Abstract

The analysis of the value of the area around "Eleftherios Venizelos", the new airport in Greater Athens area has been based on a survey of the international experience and followed by a quantitative data analysis. The figures of the database come from the Objective System of Assessment (O.S.A.) as well as the Relative Price System of the Local Revenue Offices (R.P.S.R.O.). The data was analysed according to the hierarchical tree method and there has been a detailed reference to the restrictions and the conditions of the data use. The analysis has been at a horizontal level, that is, we have tried to interpret the increasing decline between the O.S.A. or the R.P.S.R.O. prices and the real prices of land The ranking system has been based on the functionality of the specific areas. The analysis has been at a vertical level too, that is, a year by year analysis of the built-up areas which have been grouped geographically. These built-up areas come under the O.S.A. and R.P.S.R.O. systems. The analysis also, determines the perspective on the land use pattern of the study area.

Suggested Citation

  • E. Sidiropoulos, 1998. "The impact of the new airport of Athens on the land values of Eastern Attica," ERSA conference papers ersa98p56, European Regional Science Association.
    • Handle: RePEc:wiw:wiwrsa:ersa98p56
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    File URL: https://www-sre.wu.ac.at/ersa/ersaconfs/ersa98/papers/56.pdf
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    Cited by:

    1. Alexis Politakis, 2006. "Land Use and Property Market Impacts of the Relocation of Athens International Airport," ERSA conference papers ersa06p132, European Regional Science Association.

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