کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
10482599 934115 2005 26 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Demand for environmental quality: a spatial hedonic analysis
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Demand for environmental quality: a spatial hedonic analysis
چکیده انگلیسی
We first estimate the relationship between house prices and environmental disamenities using spatial statistics, confirming that nearby point-source pollutants depress house price. We then calculate implicit prices of environmental quality and related characteristics from the house price hedonics to estimate a demand curve for environmental quality, finding a price elasticity of demand of −0.12. We find evidence of significant spatial effects in both the hedonic and demand estimations. We find that environmental quality and school quality are purchased together (η=−0.80), environmental quality and house size are substitutes (η=0.91), and environmental quality and lot size are not related goods.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Regional Science and Urban Economics - Volume 35, Issue 1, January 2005, Pages 57-82
نویسندگان
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