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This study uses the hedonic approach to measure the amenity value of climate in Germany. Unlike in earlier research separate hedonic wage and house price regressions are estimated for relatively small geographic areas and formal tests undertaken to determine whether the coefficients describing...
Persistent link: https://www.econbiz.de/10010312663
The literature shows that regional disparities in growth and poverty are often relatively high, that these regional disparities do not necessarily disappear as the economies grow and develop and that these disparities are itself in many cases an important driver of the overall performance of an...
Persistent link: https://www.econbiz.de/10010281821
We analyse the influence of climate on average life satisfaction in 87 countries using data from the World Values Survey. Climate is described in terms of 'degree-months' calculated using an optimally-selected base temperature of 65°F (18.3°C). Our results suggest that countries with climates...
Persistent link: https://www.econbiz.de/10010285365
Accounting for socioeconomic and demographic variables as well as country specific effects, households' willingness to pay for changes in climate is revealed using European data on reported life satisfaction. Individuals located in areas with lower average levels of sunshine and higher average...
Persistent link: https://www.econbiz.de/10010285491
We present a simple model explaining corruption on geography and climate conditions. We test the model's validity in a cross-section of 115 countries. Controlling for all other corruption's determinants we find evidence supporting the model's predictions. Corruption increases with temperature...
Persistent link: https://www.econbiz.de/10010288851
We estimate a pooled travel model for the destination choice of tourists from the Republic of Ireland in 2006. We distinguish between holidaymakers (further split into travelling with children, elderly, and other), visitors to family, visitors to friends, business travellers and other...
Persistent link: https://www.econbiz.de/10010290546
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