This article presents a median voter model to explain the expenditures on recreation by local governments. The authors show that when the benefits of a public good provided by one community can spill over to members of other communities the correct empirical specification is a spatially...

A large detailed data set is used to examine the relationship between housing prices and several environmental quality indicators representing air, water, and land influences. Our primary concern is the influence of waste site proximity on housing prices. The results indicate that individuals...

A large, detailed data set is used to examine the effect of the Loma Prieta (World Series) earthquake on housing prices in the San Francisco Bay area. This relationship is examined while controlling for potential confounding variables, such as location-specific risk and the timing of the...

Residential housing sales data from the San Francisco Bay area are merged with earthquake hazard measures, geologic measures, neighborhood quality measures, and community characteristics in order to estimate the hedonic price of earthquake risk before and after the October 17, 1989, Loma Prieta...

The Dallas area housing market is examined before, during, and after the closure and cleanup of a 50-year-old lead smelter west of downtown Dallas, using a pooled time series and cross-sectional data set that covered all single family homes sold through the multiple-listing service from 1979...

The prospects of the Clean Development Mechanism (CDM) and for carbon income, up to and beyond 2012, in the industrial sectors of Iran and five other Asian countries are investigated. The attractiveness and suitability of each host country, the status of their industrial sectors (based on four...