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School quality and housing prices : empirical evidence from a natural experiment in Shanghai, China
Hao Feng; Lu, Ming - In: Journal of housing economics 22 (2013) 4, pp. 291-307
Persistent link: https://www.econbiz.de/10010439330
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School quality and housing prices: Empirical evidence from a natural experiment in Shanghai, China
Feng, Hao; Lu, Ming - In: Journal of Housing Economics 22 (2013) 4, pp. 291-307
The endogeneity of education quality and quantity accounts for difficulties in appropriately identifying the causal … relationship between education and housing prices. To determine how education quality is capitalized into housing prices, we deal … with endogeneity bias by employing a natural experiment occasioned by China’s education reforms. Based on monthly panel …
Persistent link: https://www.econbiz.de/10010875235
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Capitalization as a two-part tariff : the role of zoning
Banzhaf, H. Spencer; Mangum, Kyle - 2019
This paper shows that the capitalization of local amenities is effectively priced into land via a two-part pricing …
Persistent link: https://www.econbiz.de/10012058914
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Valuing public goods more generally : the case of infrastructure
Albouy, David; Farahani, Arash - 2017
We examine the relationship between local public goods, prices, wages, and population in an equilibrium inter-city model. Non-traded production, federal taxes, and imperfect mobility all affect how public goods (or "amenities" more broadly) should be valued from data. Reinterpreting the...
Persistent link: https://www.econbiz.de/10011657575
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The value of rural and urban public infrastructure
Albouy, David; Kim, Heejin - In: Economic development quarterly : the journal of … 36 (2022) 3, pp. 177-192
Persistent link: https://www.econbiz.de/10013391054
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Interjurisdictional housing prices and spatial amenities : which measures of housing prices reflect local public goods?
Banzhaf, Spencer H.; Farooque, Omar - In: Regional science & urban economics 43 (2013) 4, pp. 635-648
Persistent link: https://www.econbiz.de/10009783748
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The impact of uncertainty on school quality capitalization using the border method
Mothorpe, Christopher - In: Regional science & urban economics 70 (2018), pp. 127-141
Persistent link: https://www.econbiz.de/10012108193
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Capitalization of Public Goods and Its Distribution Effect: Empirical Evidences and Policy Implications in China
Liu, Yuanfeng; Yi, Shenbo - In: International Journal of Business Administration 2 (2011) 1, pp. 38-43
Capitalization of public goods refers to the economic phenomenon that some assets absorb the cost of public goods and … distribution effect from capitalization of public goods illuminates that it is reasonable to levy property tax and provide more …
Persistent link: https://www.econbiz.de/10011267235
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Chapter 29 Local public goods and clubs
Scotchmer, Suzanne - In: Handbook of public economics : volume 4, (pp. 1997-2042). 2002
I discuss recent contributions to the theory of group formation and the provision of jointly consumed public goods and services. I highlight the distinction between models of pure group formation, and models where the formation of groups and the sharing of public goods are constrained by a...
Persistent link: https://www.econbiz.de/10014024860
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Voluntary payments, privacy and social pressure on the Internet : a natural field experiment
Regner, Tobias; Riener, Gerhard - 2013
The emergence of Pay-What-You-Want (PWYW) business models as a successful alternative to conventional uniform pricing brings up new questions related to the task of pricing. We investigate the effect of a reduction of privacy on consumers' purchase decisions (whether to buy, and if so how much...
Persistent link: https://www.econbiz.de/10009792172