Hedonic housing prices and the demand for clean air
Journal Article
·
· J. Environ. Econ. Manage.; (United States)
- Harvard Univ., Cambridge, MA
This paper investigates the methodological problems associated with the use of housing market data to measure the willingness to pay for clean air. With the use of a hedonic housing price model and data for the Boston metropolitan area, quantitative estimates of the willingness to pay for air quality improvements are generated. Marginal air pollution damages (as revealed in the housing market) are found to increase with the level of air pollution and with household income. The results are relatively sensitive to the specification of the hedonic housing price equation, but insensitive to the specification of the air quality demand equation. 35 references.
- OSTI ID:
- 7100356
- Journal Information:
- J. Environ. Econ. Manage.; (United States), Journal Name: J. Environ. Econ. Manage.; (United States) Vol. 5:1; ISSN JEEMD
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290300* -- Energy Planning & Policy-- Environment
Health
& Safety
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320101 -- Energy Conservation
Consumption
& Utilization-- Residential Buildings-- (-1987)
510600 -- Environment
Terrestrial-- Regulations-- (-1989)
54 ENVIRONMENTAL SCIENCES
AIR POLLUTION
AIR QUALITY
BUILDINGS
CHARGES
COST
COST BENEFIT ANALYSIS
DEMAND FACTORS
ECONOMIC IMPACT
ECONOMICS
HOUSES
INCOME
MASSACHUSETTS
MATHEMATICAL MODELS
NORTH ATLANTIC REGION
POLLUTION
RESIDENTIAL BUILDINGS
RESIDENTIAL SECTOR
SIMULATION
SPECIFICATIONS
URBAN AREAS
WASTES
290300* -- Energy Planning & Policy-- Environment
Health
& Safety
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320101 -- Energy Conservation
Consumption
& Utilization-- Residential Buildings-- (-1987)
510600 -- Environment
Terrestrial-- Regulations-- (-1989)
54 ENVIRONMENTAL SCIENCES
AIR POLLUTION
AIR QUALITY
BUILDINGS
CHARGES
COST
COST BENEFIT ANALYSIS
DEMAND FACTORS
ECONOMIC IMPACT
ECONOMICS
HOUSES
INCOME
MASSACHUSETTS
MATHEMATICAL MODELS
NORTH ATLANTIC REGION
POLLUTION
RESIDENTIAL BUILDINGS
RESIDENTIAL SECTOR
SIMULATION
SPECIFICATIONS
URBAN AREAS
WASTES