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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...
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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/10014047384
Recent literature suggests identifying house price hedonic models by using instrumental variables, spatial statistics, the borders approach, panel data, and other techniques. We introduce a mixed index model to identify house price hedonic regressions. We compare the performance of the mixed...
Persistent link: https://www.econbiz.de/10014026806
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In this paper we examine the impacts of toxic chemical releases on labor productivity. The hypothesis is that exposure to releases results in chronic or acute illnesses, which increases number of work days lost. To test the hypothesis we combine data from the National Health Interview Survey...
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Past attempts to uncover evidence that economically disadvantaged groups are unjustly exposed to environmental disamenities have failed to take into account self-selection behavior of individuals or groups of individuals. For instance, when choosing a place to live, households may be trading...
Persistent link: https://www.econbiz.de/10014059591