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Over the past 30 years, eastern Massachusetts has seen a remarkable combination of rising home prices and declining supply of new homes. The reductions in new supply don't appear to reflect a real lack of land, but instead reflect a response to man-made restrictions on development. In this...
Persistent link: https://www.econbiz.de/10005830516
Between 1660 and 1830, Parliament passed thousands of acts restructuring rights to real and equitable estates. These estate acts enabled individuals and families to sell, mortgage, lease, exchange, and improve land previously bound by inheritance rules and other legal legacies. The loosening of...
Persistent link: https://www.econbiz.de/10005830552
The study is based on the assertion that any inhabitable space carries in itself a cultural vocation, i.e. the favorability for a specific cultural product, and spirituality is one of its major dimensions, sometimes associated up to synonymy to culture. Among the range of cultural, artistic,...
Persistent link: https://www.econbiz.de/10005835930
This study provides an initial empirical analysis on identifying the general relationship between housing values and the spatial distribution of same-sex couples across the U.S. The paper uses the 1990 and 2000 census 5% Public Use Microdata Samples and introduces the gay index into the...
Persistent link: https://www.econbiz.de/10005836071
It’s almost a decade that the social science attitude has changed in evaluating the history and reality of the Mediterranean basin geographic area. The decadence of capitalistic modernisation has created a void in social and cultural relationships. A process of cultural legitimisation has been...
Persistent link: https://www.econbiz.de/10005836375
Argentina is recognized because it has one of the most fertile areas of the orb, the pampeana region. The exuberance of their ecosystem has been basic to preserve the agrarian profile of the country, despite of the impulse to the industrialization in the postwar period. The certain thing is that...
Persistent link: https://www.econbiz.de/10005837008
Recent theoretical work has examined the spatial distribution of unemployment using the efficiency wage model as the mechanism by which unemployment arises in the urban economy. This paper extends the standard efficiency wage model in order to allow for behavioral substitution between leisure...
Persistent link: https://www.econbiz.de/10005838964
We develop a new methodology to estimate the elasticity of urban costs with respect to city population using French land price data. Our preferred estimate, which handles a number of estimation concerns, stands at 0.041. Our approach also yields a number of intermediate outputs of independent...
Persistent link: https://www.econbiz.de/10010598768
In the context of spatial econometrics, we discuss the specification of one-directional effects, not mutual dependencies. Using an empirical study (a spatial autoregressive model of land price data in Fukui Prefecture, Japan) and Monte Carlo simulation results (contiguity matrices built based on...
Persistent link: https://www.econbiz.de/10010599353
Actual property values are overwhelmingly employed as a dependent variable in hedonic pricing models. Yet, assessed property values are generally more readily available than actual sales values and have, in some studies, been used in lieu of market prices. In this study, we compare estimates of...
Persistent link: https://www.econbiz.de/10010599355