The current empirical analysis is set in the Seoul metropolitan area and attempted to analyze the Korean population's behavior vis-à-vis to open space and other factors that determine housing prices. Using the comprehensive real transaction price data and other geocoded socioeconomic data, the...

The current empirical analysis is set in the Seoul metropolitan area and attempted to analyze the Korean population's behavior vis-à-vis to open space and other factors that determine housing prices. Using the comprehensive real transaction price data and other geocoded socioeconomic data, the...

This paper develops estimates of environmental improvement based on a two-stage hedonic price analysis of the single family housing market in the Puget Sound region of Washington State. The analysis — which focuses specifically on several EPA-designated environmental hazards and involves...

Historic preservation is commonly used to protect old buildings and neighborhoods from deterioration. In 1981, the City of Milwaukee established a historic preservation commission to develop and maintain a local register of places with historical importance to the area. The commission also...

This paper investigates geographic relationships in a land use based regional adjustment model containing equations for population density, employment density, and wages in the continental United States during the 1980s and 1990s. The results of the analysis suggest that (1) accounting for...

The research presented in this article is motivated by four questions: Do public service expenditures help explain interregional variation in the cost of housing? What types of spending make the most difference? How does the effect of these expenditures on housing values compare to their effect...

Most of the literature on transit corridors, such as superhighways and tunnels, focuses on the positive externality of transit access (e.g., interstate access, transit station) and fails to isolate the negative externality of the corridor itself. This empirical study examines two situations: one...