Category: Hedonic Analysis

Amenities and disamenities: a hedonic analysis of the heterogeneous urban landscape in Shenzhen (China)

By CostBenefit on Aug 19, 2010 | In Real Estate Construction Housing, Academic Study/Journal Article, Preservation & Open Space, China, Hedonic Analysis, Environmental Economics / Ecological Economics, Costs and Benefits

Abstract: Landscape amenities and disamenities are important factors for households in making residence decision. This study presents a hedonic analysis of the amenity and disamenity effects arising from the heterogeneous urban landscape in a Chinese cit… more »

Interjurisdictional Capitalization of a New Metro Line on Housing Values

By CostBenefit on Aug 18, 2010 | In General, Real Estate Construction Housing, Academic Study/Journal Article, Transportation, Hedonic Analysis, Costs and Benefits

Abstract: Many governments continue constructing new subway lines with the goal of reducing congestion and pollution in large cities. Besides the potential global effects on reducing negative externalities in the city, there are some local positive effec… more »

The Value of Land Use Patterns and Preservation Policies

By CostBenefit on Aug 15, 2010 | In Land, Real Estate Construction Housing, Academic Study/Journal Article, Transportation, Preservation & Open Space, Sprawl & Smart Growth, Agriculture, Forestry and Food, Massachusetts, Regulatory Analysis, Hedonic Analysis, Environmental Economics / Ecological Economics, Costs and Benefits

Abstract: In many communities, land-use and open-space preservation have become important concerns. Using a large dataset containing every home sale in the state of Massachusetts over 8 years, this paper simultaneously measures the impact of the mix of l… more »

GIS-Based Estimation of Housing Amenities: The Case of High Grounds and Stagnant Streams

By CostBenefit on Jul 26, 2010 | In Water, Land + Water, Real Estate Construction Housing, Academic Study/Journal Article, Wetlands, West, Hedonic Analysis, Environmental Economics / Ecological Economics, Costs and Benefits

Abstract: Shibashis Mukherjee and Arthur J. Caplan use GIS and econometric methods to estimate the marginal implicit values of environmental amenities associated with residential land parcels in the mountain town of Logan, Utah. Amenities include proximi… more »

Implicit amenity prices and the location of retirees in England and Wales

By CostBenefit on Jul 17, 2010 | In General, Air, U.K., Academic Study/Journal Article, Weather, Hedonic Analysis, Environmental Economics / Ecological Economics, Costs and Benefits

Abstract: General equilibrium models in which compensation for local amenities occurs in both housing and labour markets have been widely used to generate implicit amenity prices and regional quality of life indices. An implication and prospective test o… more »
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