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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
Over the past 20 years, the environmental regulation of landfills has become increasingly restrictive, both at federal and state levels. We develop a theoretical framework to explain landfill operators' responses to regulatory actions, and then estimate an empirical model of changes in industry...
Persistent link: https://www.econbiz.de/10014061846
Past attempts to uncover evidence that economically disadvantaged groups are unjustly exposed to environmental disamenities have failed to take into account self-selection behavior of individuals or groups of individuals. For instance, when choosing a place to live, households may be trading...
Persistent link: https://www.econbiz.de/10014143469
The purpose of this paper is to quantify the property value impacts of a change in environmental quality by using the hedonic price model. In particular, we focus on the impact of the presence of landfills on nearby residential real estate prices. We combine elements of an urban location choice...
Persistent link: https://www.econbiz.de/10012752792