Showing 1 - 10 of 14
Hedonic models are subject to spatially correlated errors which are a symptom of omitted spatial variables, mis-specification or mismeasurement. Methods have been developed to address this problem through the use of spatial econometrics or spatial fixed effects. However, often spatial...
Persistent link: https://www.econbiz.de/10012101010
The hedonic pricing method has been used extensively to obtain implicit prices for availability of urban green space, but few hedonic studies have obtained households' preference parameters. We estimate willingness to pay functions for park availability in Copenhagen using an approach that...
Persistent link: https://www.econbiz.de/10012101043
We analyse the housing markets in a suburb north of the Danish capital Copenhagen. We find that households sort themselves in relation to nature area. The concentration of affluent households decreases rapidly with distance to nature. This indicates that a welfare change generated by a change in...
Persistent link: https://www.econbiz.de/10012101044
This paper investigates how household demand for access to nature varies across a Danish housing market. I use conditional quantile regressions to estimate the implicit price for a change in nature area conditional on the home price. If there are systematic differences in the willingness to pay...
Persistent link: https://www.econbiz.de/10012101046
In this paper, we conduct a number of cost-benefit analyses to clarify whether the establishment of invasive species should be prevented or the damage of such species should be mitigated after introduction. We use the potential establishment of ragweed in Denmark as an empirical case. The main...
Persistent link: https://www.econbiz.de/10012101055
What role do people think distributional aspects should play in design of climate policy? The literature assessing climate policies has shown that assumptions regarding peoples' distributional preferences for climate change policy impacts are central for policy assessment, but empirical evidence...
Persistent link: https://www.econbiz.de/10012101059
This study examines whether people have distributional preferences for the impacts of climate policy when making donations towards such policies. In an online choice experiment, using a real donation mechanism, a representative sample of 95 members of the Danish public are provided 27€ and...
Persistent link: https://www.econbiz.de/10012101060
This report summarizes the main results from a choice experiment survey addressing peoples' willingness to pay (WTP) for improvements in surface water quality as well as groundwater quality. A particular novel focus is on estimating the extent to which WTP is impacted by the time lags and...
Persistent link: https://www.econbiz.de/10012310923
Cost-benefit analyses are commonly applied to assess the net welfare effects of policies to improve surface water quality. These analyses often disregard the biophysical fact that from implementation of policy measures to resulting improvements on water quality there will typically be...
Persistent link: https://www.econbiz.de/10012428551
Hedonic models are subject to spatially correlated errors which are a symptom of omitted spatial variables, mis-specification or mismeasurement. Methods have been developed to address this problem through the use of spatial econometrics or spatial fixed effects. However, often spatial...
Persistent link: https://www.econbiz.de/10010703364