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Finding an appropriate way to incorporate environmental justice considerations into policy-making has been a procedural challenge since President Clinton issued Executive Order 12,898 over 15 years ago. Moreover, environmental justice continues to be overshadowed by efficiency considerations as...
Persistent link: https://www.econbiz.de/10008642559
This paper reviews the distributional impacts associated with environmental gentrification following the cleanup and reuse of LULUs. By making a neighborhood more attractive, cleanup and reuse of LULUs may drive up local real estate prices. Renters in the neighborhood would have to pay higher...
Persistent link: https://www.econbiz.de/10012709422
The environmental justice literature convincingly shows that poor people and minorities live in more polluted neighborhoods than do other groups. These findings have sparked a broad activist movement, numerous local lawsuits, and several federal policy reforms. Despite the importance of...
Persistent link: https://www.econbiz.de/10014479552
This brief paper offers comments on the draft of the US Management and Budget’s revision to Circular A-4, on Regulatory Analysis. Circular A-4 was written in 2003. It was an excellent document for its time, bringing to bear the most up to date economic data and understanding of the economy....
Persistent link: https://www.econbiz.de/10015270257
This paper develops a graphical analysis and an analytical model that demonstrate how weak substitution can be used for non-market valuation. Both weak complementarity and weak substitution can be evaluated as restrictions that allow quantity or quality changes in non-market goods to be...
Persistent link: https://www.econbiz.de/10005830920
This paper analyses how the properties of locational equilibrium models can be used to evaluate approaches for constructing price indexes for heterogeneous houses. Housing markets play a key role in locational equilibrium models. Prices for houses determine that implicit costs that households...
Persistent link: https://www.econbiz.de/10005720126
This paper reports the first comprehensive approach for measuring the general equilibrium willingness to pay for large changes in air quality. It is based on a well defined locational equilibrium model. The approach allows estimation of households' indirect utility function and the underlying...
Persistent link: https://www.econbiz.de/10005720605
Persistent link: https://www.econbiz.de/10005349113
Understanding the spatial variation in housing prices plays a crucial role in topics ranging from the cost of living to quality-of-life indices to studies of public goods and household mobility. Yet analysts have not reached a consensus on the best source of such data, variously using...
Persistent link: https://www.econbiz.de/10009652898
Segregation has been a recurring social concern throughout human history. While much progress has been made to our understanding of the mechanisms driving segregation, work to date has ignored the role played by location-specific amenities. Nonetheless, policy remedies for reducing group...
Persistent link: https://www.econbiz.de/10008614646