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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....
Persistent link: https://www.econbiz.de/10005486267
Persistent link: https://www.econbiz.de/10010728497
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...
Persistent link: https://www.econbiz.de/10004995389
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...
Persistent link: https://www.econbiz.de/10005800488
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...
Persistent link: https://www.econbiz.de/10010594178
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...
Persistent link: https://www.econbiz.de/10005500409
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...
Persistent link: https://www.econbiz.de/10005522530
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...
Persistent link: https://www.econbiz.de/10005476681
We employ a combination of survey design and econometric techniques to explore ways to deal with health concerns in restoration projects where environmental injuries are severe. We use data from a referendum contingent valuation survey for a natural resource restoration project to demonstrate...
Persistent link: https://www.econbiz.de/10005494112
A telephone presurvey is used in conjunction with mail and Internet follow-up surveys to assess self-selection and item nonresponse bias. Findings suggest that self-selection is present, but item nonresponse bias is limited. The Internet version exhibited no item nonresponse bias.
Persistent link: https://www.econbiz.de/10005468151