Showing 1 - 10 of 61
Chicago, New York and Philadelphia. Still over half of the potential value of park proximity, over $10 billion, remains locked …
Persistent link: https://www.econbiz.de/10012480758
The emergence of novelty, especially of new categories of people and organizations, is undertheorized in the social sciences. Some social worlds are more hospitable to novel introductions or exogenous perturbations than others. Explaining this relative "poisedness" is essential to understanding...
Persistent link: https://www.econbiz.de/10012457657
Forests accompany the cities we build. There are an estimated 5.5 billion urban trees in the United States. Globally, about 25 percent of urban land is covered by tree canopy. This study examines urban forests as a policy tool for air pollution mitigation. We study an afforestation program in...
Persistent link: https://www.econbiz.de/10014337788
This paper estimates the value of urban trees. The empirical strategy exploits an ecological catastrophe -- the Emerald Ash Borer (EAB) infestation in Toronto to isolate exogenous variation in neighborhood tree canopy changes. Adding one tree to a postcode increases property prices by 0.40%; the...
Persistent link: https://www.econbiz.de/10014468263
In this paper, we study the role of information in non-market valuation. We develop a variant of the Rosen-Roback model of inter-urban sorting that incorporates public access to information about air quality, and demonstrate that information constraints create a wedge between the revealed and...
Persistent link: https://www.econbiz.de/10012585427
We provide the first evidence that spatial variation in all-cause mortality risk is capitalized into US housing prices …
Persistent link: https://www.econbiz.de/10012794649
Economists have long employed hedonic wage analysis to estimate income-fatality risk trade-offs, but some scholars have raised concerns about systematic measurement error and omitted variable bias in the empirical applications of this model. Recent studies have employed panel methods to remove...
Persistent link: https://www.econbiz.de/10012479659
Cloud computing--computing done on an off-site network of resources accessed through the Internet--is revolutionizing how computing services are used. However, because cloud is so new and it largely is an intermediate input to other industries, it is difficult to track in the U.S. statistical...
Persistent link: https://www.econbiz.de/10012480840
We examine the value of terroir, which refers to the special characteristics of a place that impart unique qualities to the wine produced. We do this by conducting a hedonic analysis of vineyard sales in the Willamette Valley of Oregon to ascertain whether site attributes, such as slope, aspect,...
Persistent link: https://www.econbiz.de/10012461895
In this paper, we construct a price index for broadband services in the United States between 2004 and 2009. We analyze over 1500 service contracts offered by DSL and cable providers in the United States. We employ a mix of matched-model methods and hedonic price index estimations to adjust for...
Persistent link: https://www.econbiz.de/10012462491