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http://dx.doi.org/10.7470/jkst.2017.35.4.292

Valuing Traffic Noise Cost Based on the Damage Cost Approach  

JUNG, Dongjae (Department of Environmental Planning, Seoul National University)
CHANG, Justin S. (Department of Environmental Planning, Seoul National University)
Publication Information
Journal of Korean Society of Transportation / v.35, no.4, 2017 , pp. 292-306 More about this Journal
Abstract
Traffic noise cost can be assessed either by the damage cost approach or by the avoidance cost method. This paper provides an overview of pertinent studies of these two approaches and shows that the damage cost approach is more universal and reliable than the avoidance cost counterpart. This study then investigated three sub-components to address the damage cost framework. First of all, unit value per person exposed to noise per year was calculated. Secondly, the area exposed to noise was determined using noise prediction equation. Thirdly, the number of people affected by noise was computed by multiplying the number of people exposed to noise with the percentage of people affected by noise. This paper also suggested a simplified equation that represents the relationship between damage costs and noise levels. Finally, the benefits of noise reduction derived from the damage cost method and those from the avoidance cost approach were compared and discussed.
Keywords
abatement costs; avoidance costs; damage costs; external costs; noise; transport appraisal;
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