Showing 1 - 10 of 55
Persistent link: https://www.econbiz.de/10005401239
Hedonic theory assumes that changes in land prices and wage rates eliminate the utility advantages of differing locations. Using happiness data from the German socio-economic panel this paper empirically tests whether regional utility differences exist and if so whether utility levels show any...
Persistent link: https://www.econbiz.de/10005628568
This study uses the hedonic approach to measure the amenity value of climate in Germany. Unlike in earlier research separate hedonic wage rate and house price regressions are estimated for relatively small geographic areas and formal tests undertaken to determine whether the coefficients...
Persistent link: https://www.econbiz.de/10005628580
We present a simulation model of the flow of tourists between 207 countries. The model almost perfectly reproduces the calibration year 1995, and performs well in reproducing the observations for 1980, 1985 and 1990. The model is used to generate scenarios of international tourist departures and...
Persistent link: https://www.econbiz.de/10005634576
Climate is an important input to many human activities. Climate affects heating and cooling requirements, determines clothing and nutritional needs and limits recreational activities. As such it is to be expected that individuals will have a preference for particular types of climate. These...
Persistent link: https://www.econbiz.de/10005634585
A data set of the holiday destination choices of German tourists is segmented using phase in the life cycle; second, holiday motivation and holiday activities and third, the region of residency. For each segment demand is estimated using data on environmental and economic characteristics of...
Persistent link: https://www.econbiz.de/10005634607
The literature on tourism and climate change lacks an analysis of the global changes in tourism demand. Here a simulation model of international tourism is presented that fills that gap. The current pattern of international tourist flows is modelled using 1995 data on departures and arrivals for...
Persistent link: https://www.econbiz.de/10005634623
This paper introduces the concept of homogeneous non-causality in heterogeneous panels. This concept is used to examine a panel of data for evidence of a causal relationship between GDP and carbon emissions. The technique is compared to the standard test for homogeneous non-causality in...
Persistent link: https://www.econbiz.de/10005634635
Hitherto the task of valuing differences in environmental quality arising from air pollution and noise nuisance has been carried out mainly by using the hedonic price technique. This paper proposes a different approach to deriving information on individual preferences for local environmental...
Persistent link: https://www.econbiz.de/10005185005
The disposal of waste by landfill generates community concerns, during both site operations and following the cessation of activities. Whilst previous hedonic studies have generally examined the impact on property prices of distance to the nearest active landfill site this paper presents a study...
Persistent link: https://www.econbiz.de/10010608168