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This paper uses estimates of the production function for flows of housing services and estimates of the demand for these services to evaluate the allocative efficiency of residential energy standards which vary by region throughout the state of California. The results suggest that, under the...
Persistent link: https://www.econbiz.de/10010776189
Commercial buildings play a major role in determining U.S. greenhouse gas emissions, yet surprisingly little is known about the environmental performance of different buildings at a point in time or how the same buildings perform over time. By exploiting a unique panel of commercial buildings...
Persistent link: https://www.econbiz.de/10010776971
Inferences about the determinants of land prices in urban areas are typically based on housing transactions, which combine payments for land and long-lived improvements. In contrast, we investigate directly the determinants of urban land prices within a metropolitan area – the San Francisco...
Persistent link: https://www.econbiz.de/10010777023
This paper considers residential segregation by race and by type of household in 1970 and 1980. The paper presents entropy indices of segregation fro the San Francisco Bay Area and its five metropolitan areas. The methodology permits an investigation of the effects of group definition upon...
Persistent link: https://www.econbiz.de/10010593331
Energy consumption in the residential sector offers an important opportunity for conserving resources. However, much of the current debate regarding energy efficiency in the housing market focuses on the physical and technical determinants of energy consumption, neglecting the role of the...
Persistent link: https://www.econbiz.de/10010573231
Since January of 2005, 250 building projects in the City of Singapore have been awarded the Green Mark for energy efficiency and sustainability. This paper analyzes the private returns to these investments, evaluating the premium in asset values they command in the market. We analyze almost...
Persistent link: https://www.econbiz.de/10010574124
We re-examine the links between changes in housing wealth, financial wealth, and consumer spending. We extend a panel of U.S. states observed quarterly during the seventeen-year period, 1982 through 1999, to the thirty-seven year period, 1975 through 2012Q2. Using techniques reported previously,...
Persistent link: https://www.econbiz.de/10010817224