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Scientists predict that global warming will cause suitable habitat ranges to shift for many plant species, including blue oak in California. If proximity to particular land cover types significantly affects human welfare, any such shifts will affect household welfare, resulting in an indirect...
Persistent link: https://www.econbiz.de/10009021198
This article estimates the amenity value from climate change by analyzing the effect of climatic variables on house prices near ski resorts in different regions in the United States using a hedonic model. We find that higher average winter temperatures tend to increase house price near ski...
Persistent link: https://www.econbiz.de/10011105044
This study provides an initial empirical analysis on identifying the general relationship between housing values and the spatial distribution of same-sex couples across the U.S. The paper uses the 1990 and 2000 census 5% Public Use Microdata Samples and introduces the gay index into the...
Persistent link: https://www.econbiz.de/10005836071
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...
Persistent link: https://www.econbiz.de/10008671507
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...
Persistent link: https://www.econbiz.de/10008671508
Anthropogenic greenhouse gas (GHG) emissions have caused atmospheric concentrations with no precedents in the last half a million years, inducing serious uncertainties about future climates and their effects on human welfare. Recent climate science supports the view that the climate...
Persistent link: https://www.econbiz.de/10010547230
The objective of this thematic note is to analyze IDB's actions in integrated watershed management during the period 1989-2010. The approach of the IDB's loan portfolio in this sector shifted from having an emphasis on resource management and conservation (in the 1990s) toward financial support...
Persistent link: https://www.econbiz.de/10010673419
We present a hedonic framework to estimate U.S. households' preferences over local climates, using detailed weather and 2000 Census data. We find that Americans favor an average daily temperature of 65 degrees Fahrenheit, will pay more on the margin to avoid excess heat than cold, and are not...
Persistent link: https://www.econbiz.de/10010638879
Sustainability has been largely replaced by discounted utilitarianism in contemporary climate-change economics. Our approach rejuvenates sustainability by expanding the conception of the quality of life, along the lines of the UN Human Development Reports, to include not only consumption, but...
Persistent link: https://www.econbiz.de/10010575242
Climate stabilization requires low GHG emissions. Is this consistent with nondecreasing human welfare? Our welfare index, called quality of life (QuoL), emphasizes education, knowledge, and the environment. We calibrate a multigenerational model with education, physical capital, knowledge and...
Persistent link: https://www.econbiz.de/10008620426