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A database is used that combines survey and real estate data to obtain willingness to pay (WTP) measures to avoid living in proximity to a landfill. Convergence of market-based measures from a hedonic price model and hypothetical measures from contingent valuation is investigated at the level of...
Persistent link: https://www.econbiz.de/10014122680
Federal legislation mandates substantial reduction of air pollution emissions from electric utilities. Utilities in Appalachia that use locally mined high-sulfur coal must chose among abatement options such as fuel mixing and smokestack scrubbing technologies. Wet scrubbers are the most...
Persistent link: https://www.econbiz.de/10014123210
The purpose of this paper is to determine the impact of real estate agents on the price of houses that are located close to an environmental disamenity. Our main hypothesis is that real estate agents obtain higher prices than those theoretically expected when the houses are located closer to an...
Persistent link: https://www.econbiz.de/10013144835
This paper presents an analysis of the effects of boating safety policies on accidents involving pleasure boats on state waterways. We focus on the impacts of law enforcement and youth certification policies, using ordinary least squares and negative binomial estimators that control for select...
Persistent link: https://www.econbiz.de/10014058083
Economist commonly use recreational demand models to estimate benefits visitors receive from consumption of a specific site. These models also capture impacts of recreational activities consumed and help to determine the value consumers place on the factors that influence their choice to visit a...
Persistent link: https://www.econbiz.de/10012983119
We extend the literature on house price cash differentials in important ways. First, our paper is the first to employ methods to correct for sample selection bias, using both switching regression and propensity score matching of cash vs. non-cash transactions. We use selection models to produce...
Persistent link: https://www.econbiz.de/10012965535
Rock mining operations, including limestone and gravel production, have considerable adverse effects on residential quality of life due to elevated noise and dust levels resulting from dynamite blasting and increased truck traffic. This paper provides the first estimates of the effects of rock...
Persistent link: https://www.econbiz.de/10012944268