Recent literature suggests identifying house price hedonic regressions by using instrumental variables, spatial statistics, the borders approach, panel data, and other techniques. We present an empirical application of a mixed index model, first proposed by Bowden [Bowden, R.J., 1992....

We compare hedonic price models estimated with spatial statistics in order to examine the impacts of four different types of neighborhood spatial association: age, education, income and racial clustering. Using Getis and Ord’s (1995) Z(Gi*) as an indicator of spatial clustering, we estimate...

School choice programs–school vouchers, open enrollment, tuition tax credits and charter schools–reduce the cost of sending children to a school different than their assignment. Previous literature shows support for school choice is weaker in objectively high-performing school districts. We...

A simultaneous model of house values, cancer mortality and total releases is simultaneously estimated to study effects of environmental health risks. Health risks include county level total releases, number of Superfund sites and cancer mortality in Southeastern U.S. Benefits of superfund...

The uncertainty weather condition could pose some challenge in achieving environmental target. In this study, we use a bioeconomic model to calculate the impacts of alternative management systems. Under different safety-first constraints on the levels of environmental runoff, obtaining from...

To meet environmental target, policies that coordinate nonpoint pollution control efforts within a watershed may result in higher total profits than policies that do not. That is, the greatest profits and most runoff reduction would be achieved with optimal combinations of BMPs. However, the...