Abstract
Recently, policy makers in Japan have become aware of the need to curb the adverse effects of urban transport externalities, in particular the impact of urban transportation on the environment. This paper focuses on measuring the external effects of noise and vibration of urban transportation facilities. We discuss some of analytical and empirical issues. We conclude that the measurable external effect of noise and vibration by the hedonic approach. Firstly, physical environment survey of amenity including noise and vibration levels of Setagaya-ku in Tokyo, is conducted. Secondly, the hedonic approach is adopted to analyse the evaluation of external effect of noise and vibration. In conclusion, this paper found that the external effect of noise is about 5, 300 yen/m2 ? dB and vibration is about 3, 300 yen/m2 ? dB (These results are that land price is 750thousands ? yen/m2 case.).
