Showing 1 - 10 of 103
Many transport technologies cause a gnot]in]my] backyard (NIMBY) reaction of locals in that they often oppose the nearby location of necessary infrastructure despite benefiting from greater mobility. We employ quasi] experimental research methods to disentangle the offsetting noise and...
Persistent link: https://www.econbiz.de/10011523729
This study estimates the impact of excess precipitation (or the absence of rainfall) on productivity of agricultural land parcels in New Zealand. This type of post-disaster damage assessments aims to allow for quantification of disaster damage when on-the-ground assessment of damage is too...
Persistent link: https://www.econbiz.de/10013093054
with access to sanitation and hygiene. Finally, both direct and indirect risks associated with flood and drought on health …
Persistent link: https://www.econbiz.de/10011663620
In 2011, Thailand experienced its worst flood ever. Using repeated waves of the Thai Household Survey, we analyse the … flood's economic impacts. In 2012, households answered a set of questions on the extent of flooding they experienced. We use … this self-identified flood exposure, and external exposure indicators from satellite images, to identify both directly …
Persistent link: https://www.econbiz.de/10012022180
Regulation often evolves, and affected consumers or firms may adjust their behavior in anticipation of potential changes to regulation. Using shifting land use regulation boundaries and oil lease prices from Canada, we estimate the effect of anticipated regulatory change on the value of land. We...
Persistent link: https://www.econbiz.de/10011489414
We consider taxation by a Leviathan government and by a utilitarian government in the presence of heterogeneous locations within a country, when migration from one country to another is and is not possible. In a closed economy, a utilitarian government may transfer income from the poor to the...
Persistent link: https://www.econbiz.de/10011511078
Farmland values have traditionally been valued using seasonal temperature and precipitation. A new strand of the literature uses degree days over the growing season to predict farmland value. We find that degree days and daily temperature are interchangeable over the growing season. However, the...
Persistent link: https://www.econbiz.de/10010468577
How have house prices evolved in the long-run? This paper presents annual house price indices for 14 advanced economies since 1870. Based on extensive data collection, we are able to show for the first time that house prices in most industrial economies stayed constant in real terms from the...
Persistent link: https://www.econbiz.de/10010413728
This paper provides a novel macroeconomic model that is specifically designed to investigate the evolution of housing wealth. To capture the importance of land as an input factor for housing production and for the evolution of wealth in a growing economy, the analysis builds on three premises:...
Persistent link: https://www.econbiz.de/10011451042
We show that the optimal property tax rate rises with the ratio of land rents to structure and land development costs. California’s high ratio of income to property tax revenue and the distribution of Federal housing subsidies thus appear geographically misplaced. Proportional taxation of...
Persistent link: https://www.econbiz.de/10003113347