Arbeitspapier
Does the housing market reflect cultural heritage? A case study of Greater Dublin
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.
- Language
-
Englisch
- Bibliographic citation
-
Series: ESRI Working Paper ; No. 386
- Classification
-
Wirtschaft
- Subject
-
cultural economics
cultural heritage
hedonic price
hedonic regression
non-market valuation
- Event
-
Geistige Schöpfung
- (who)
-
Moro, Mirko
Mayor, Karen
Lyons, Seán
Tol, Richard S. J.
- Event
-
Veröffentlichung
- (who)
-
The Economic and Social Research Institute (ESRI)
- (where)
-
Dublin
- (when)
-
2011
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Moro, Mirko
- Mayor, Karen
- Lyons, Seán
- Tol, Richard S. J.
- The Economic and Social Research Institute (ESRI)
Time of origin
- 2011