1# RECORD d8cad4f02e195d2dfd70c7decbae7ee10f7f3fe92# TITLE: The Effects of Environmental Quality on Residential Choice Location3# YEAR: 2014.0 VENUE: nan DOI: 10.1016/j.sbspro.2014.12.1984# AUTHORS: Vincenza Chiarazzo; P. Coppola; L. dell'Olio; Angel Ibeas; M. Ottomanelli5# PAGES: 10 CANDIDATE TABLE PAGES (1-based): []6# ABSTRACT: Abstract The aim of this research is to investigate the effects of environmental conditions in a given area on the residential location and the consequences on urban sprawl and accessibility. In particular, the study focuses on the effects of environmental quality and landscaping on property values. To this aim, the paper presents some hedonic Multiple Linear Regression models (MLR) estimating the housing price in metropolitan areas as a function of real-estate, environmental and accessibility variables. The hedonic models have been estimated using data collected in the province of Taranto (South-Italy) where the biggest steel factory in Europe (namely, ILVA), and one of the most important industrial port in the Mediterranean Sea are located. The set of considered variables were carried out from a location choice survey and hedonic regression estimators are presented to verify to what extent a relationship between the accessibility conditions, environmental context and the dwelling market values does exist. The results indicate that the inclusion, in the model specification, of the environmental variables between zones fit the data significantly better.789===== PAGE 1 (score 10, numeric-paren 0, table-words 0, var-words 10) =====1011 Procedia - Social and Behavioral Sciences 162 ( 2014 ) 178 – 187 12Available online at www.sciencedirect.com131877-0428 © 2014 The Authors. Published by Elsevier Ltd. This is an open access article under the CC BY-NC-ND license 14(http://creativecommons.org/licenses/by-nc-nd/3.0/).15Peer-review under responsibility of PANAM 2014.16doi: 10.1016/j.sbspro.2014.12.198 17ScienceDirect18XVIII Congreso Panamericano de Ingeniería de Tránsito, Transporte y Logística (PANAM 2014) 19The Effects of Environmental Quality on Residential Choice 20Location 21Vincenza Chiarazzoa*, Pierluigi Coppolac, Luigi Dell’Oliob, Angel Ibeasb and Michele Ottomanellia 22aPolitecnico di Bari, via Orabona 4, Bari, 70125 Italy 23bUniversidad de Cantabria, Av.de Los Castros s/n, Santander, 39005 Spain 24cUniversity of Rome “Tor Vergata”, Rome, Italy 25Abstract 26The aim of this research is to investigate the effects of environmental conditions in a given area on the residential location and 27the consequences on urban sprawl and accessibility. In particular, the study focuses on the effects of environmental quality and 28landscaping on property values. To this aim, the paper presents some hedonic Multiple Linear Regression models (MLR) 29estimating the housing price in metropolitan areas as a function of real-estate, environmental and accessibility variables. 30The hedonic models have been estimated using data collected in the province of Taranto (South-Italy) where the biggest steel 31factory in Europe (namely, ILVA), and one of the most important industrial port in the Mediterranean Sea are located. The set of 32considered variables were carried out from a location choice survey and hedonic regression estimators are presented to verify to 33what extent a relationship between the accessibility conditions, environmental context and the dwelling market values does exist. 34The results indicate that the inclusion, in the model specification, of the environmental variables between zones fit the data 35significantly better. 36 37© 2014 The Authors. Published by Elsevier Ltd. 38Selection and peer-review under responsibility of PANAM 2014. 39Keywors:Land- Use Transport Interaction (LUTI) models; Hedonic pricing models; air quality 401. Introduction 41Consolidated theories on urban economy are based on the trade-off between accessibility and willingness to pay 42for land acquisition (see for instance Alonso, 1966). As a result, locations with better accessibility to public services, 43 44 45* Corresponding author. Tel.: +39-080-5963380. 46E-mail address: vincenza.chiarazzo@poliba.it 47© 2014 The Authors. Published by Elsevier Ltd. This is an open access article under the CC BY-NC-ND license 48(http://creativecommons.org/licenses/by-nc-nd/3.0/).49Peer-review under responsibility of PANAM 2014.50