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Recent literature suggests identifying house price hedonic models by using instrumental variables, spatial statistics, the borders approach, panel data, and other techniques. We introduce a mixed index model to identify house price hedonic regressions. We compare the performance of the mixed...
Persistent link: https://www.econbiz.de/10014026806
A two-stage hedonic price and demand model was developed to estimate the willingness to pay for school quality, neighborhood safety and environmental quality in six Ohio metropolitan areas. Own price of demand ranges from inelastic for school quality to highly elastic for environmental quality...
Persistent link: https://www.econbiz.de/10014027568
We first estimate the relationship between house prices and environmental disamenities using spatial statistics, confirming that nearby point-source pollutants depress house price. We then calculate implicit prices of environmental quality and related characteristics from the house price...
Persistent link: https://www.econbiz.de/10014029600
A contingent valuation survey conducted in Mississippi is used to assess public willingness to pay for reductions in agricultural nonpoint pollution. We focus on implementation of a policy to provide farmers with precision application equipment to reduce nutrient runoff. Findings suggest public...
Persistent link: https://www.econbiz.de/10014081941
This paper examines the impact of lead pollution on property values in Anniston, Alabama, one of the most polluted cities in the US. A hedonic house price analysis allows us to examine the extent of capitalization of lead contamination's effect on property values there, as well as property value...
Persistent link: https://www.econbiz.de/10014206760
In recreation demand studies much of the data is collected via on-site samples. Thus, no data is collected for those not visiting the recreation site. The fact that no information is available for those not visiting the recreation area complicates statistical analyses because the result is an...
Persistent link: https://www.econbiz.de/10008466560
We first estimate the relationship between house prices and environmental disamenities using spatial statistics, confirming that nearby point-source pollutants depress house price. We then calculate implicit prices of environmental quality and related characteristics from the house price...
Persistent link: https://www.econbiz.de/10005800488
We conduct a phone survey to examine the attitudes of Ohioans about school choice, which includes open enrollment programs, school vouchers, tuition tax credits, and charter schools. Previous studies examine more limited forms of choice and investigate fewer possible influences. We find the...
Persistent link: https://www.econbiz.de/10005800490
Precision application technology has been an important topic in agriculture in recent years. This technology has the promise to improve farm management through improved information and control over in-field variability of soil characteristics and productivity. Despite this apparent promise,...
Persistent link: https://www.econbiz.de/10005801307
A number of programs have been introduced to limit environmental nonpoint pollution (NPP) associated with agricultural practices. One such program, precision agriculture, involves a range of management practices that utilize site-specific information at the field level. These practices can limit...
Persistent link: https://www.econbiz.de/10005801310