Evidence of the effects of water quality on residential land prices
Evidence of the effects of water quality on residential land prices
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DOI：
10.1006/jeem.1999.1096
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发表时间：
2000-03-01
影响因子：
4.6
通讯作者：
Bockstael, NE
中科院分区：
文献类型：
--
作者：
Leggett, CG;Bockstael, NE
我们使用享乐技术表明，水质有一个显着的影响，财产价值沿着切萨皮克湾。我们计算潜在的好处，说明性的（但有限的）水质改善，我们计算一个更广泛的改善的好处的上限。许多环境享乐研究几乎完全忽略了遗漏变量偏差的可能性，即污染源除了排放不受欢迎的物质外，还可能是令人不快的邻居。我们讨论了这种疏忽的影响，我们提供了一个应用程序，解决这个潜在的问题。(C)北京大学出版社.
We use hedonic techniques to show that water quality has a significant effect on property values along the Chesapeake Bay. We calculate the potential benefits from an illustrative (but limited) water quality improvement, and we calculate an upper bound to the benefits from a more widespread improvement. Many environmental hedonic studies have almost entirely ignored the potential for omitted variables bias-the possibility that pollution sources, in addition to emitting undesirable substances, are likely to be unpleasant neighbors. We discuss the implications of this oversight, and we provide an application that addresses this potential problem. (C) 2000 Academic Press.