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Polo SBN LOMBARDIA2
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Analitico Analitico

Hedonic price functions and spatial dependence : implications for the demand for urban air quality

Abstract/Sommario: In 1967, Ronald Ridker and John Henning conducted the first study that linked air pollution to property values. Using census level data, they found that, for St. Louis, air pollution had a negative and significant affect on median housing prices. Research since has verified, modified, and redefined the economic interpretation of this relationship. In summarizing twenty-five years of property value/air pollution literature, Smith and Huang (1993, 1995) reported that approximately 74 per ...; [leggi tutto]
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Descrizione Hedonic price functions and spatial dependence : implications for the demand for urban air quality / Kurt J. Beron ... [et al.]. - P. 267-281
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ID scheda 56796
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Beron, Kurt J.