首页 > 最新文献

Land Economics最新文献

英文 中文
Tenant Favoritism and Right of First Refusals in Farmland Auctions 农地拍卖中的租客偏袒与优先购买权
IF 1.4 4区 经济学 Q3 ECONOMICS
Land Economics
Pub Date : 2022-08-22 DOI: 10.3368/le.080721-0091r1
Lars Isenhardt, S. Seifert, S. Hüttel
Rights of first refusals (RFRs) granted to tenants in land privatization auctions enable them to purchase their leased land by accepting the highest bid. RFRs may deter bidders and incentivize non–right holders to adjust their bidding. We conjecture that tenant favoritism with RFRs reduces competition and thus sales prices at the expense of the public sellers. To test the conjectures, we compile a data set of land auctions by two privatization agencies in eastern Germany, one favoring tenants along with an RFR, between 2007 and 2018. Double robust matching results indicate RFR-related reductions in the number of bidders and prices.
在土地私有化拍卖中授予租户的首次拒绝权使他们能够通过接受最高出价来购买租赁土地。RFR可能会阻止投标人，并激励非权利持有人调整其投标。我们推测，租户对RFR的偏袒减少了竞争，从而降低了以公共卖家为代价的销售价格。为了检验这些猜测，我们汇编了2007年至2018年间德国东部两个私有化机构的土地拍卖数据集，其中一个机构有利于租户和RFR。双重稳健匹配结果表明，与RFR相关的投标人数量和价格减少。
{"title":"Tenant Favoritism and Right of First Refusals in Farmland Auctions","authors":"Lars Isenhardt, S. Seifert, S. Hüttel","doi":"10.3368/le.080721-0091r1","DOIUrl":"https://doi.org/10.3368/le.080721-0091r1","url":null,"abstract":"Rights of first refusals (RFRs) granted to tenants in land privatization auctions enable them to purchase their leased land by accepting the highest bid. RFRs may deter bidders and incentivize non–right holders to adjust their bidding. We conjecture that tenant favoritism with RFRs reduces competition and thus sales prices at the expense of the public sellers. To test the conjectures, we compile a data set of land auctions by two privatization agencies in eastern Germany, one favoring tenants along with an RFR, between 2007 and 2018. Double robust matching results indicate RFR-related reductions in the number of bidders and prices.","PeriodicalId":51378,"journal":{"name":"Land Economics","volume":"99 1","pages":"302 - 324"},"PeriodicalIF":1.4,"publicationDate":"2022-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49125776","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
Measuring Heterogeneous Preferences for Adaptation Strategies in Response to Sea Level Rise: Evidence from Miami-Dade County 测量应对海平面上升的适应策略的异质偏好：来自迈阿密戴德县的证据
IF 1.4 4区 经济学 Q3 ECONOMICS
Land Economics
Pub Date : 2022-06-23 DOI: 10.3368/le.062620-0093R1
Xuqi Chen, Zhifeng Gao, Xiang Bi
Despite mounting threats from rising sea levels, adaptation to sea level rise (SLR) is often challenged by limited funding and understanding of residents’ preferences. Using an online choice experiment, we investigate residents’ preference for three SLR adaptation strategies: building seawalls, replenishing the beach, and installing stormwater pumps in Miami-Dade County. We control the preference, scale, and alternative heterogeneity using generalized multinomial logit models with error components. Results show that residents prefer additional adaptation strategies to the status quo, and valuations of adaptation attributes are correlated with residents’ sociodemographics. Accounting for alternative heterogeneity also significantly improves model performance.
尽管海平面上升的威胁越来越大，但适应海平面上升(SLR)经常受到资金有限和对居民偏好的了解的挑战。通过在线选择实验，我们调查了迈阿密戴德县居民对三种单反适应策略的偏好:建造海堤、补充海滩和安装雨水泵。我们使用带有误差成分的广义多项logit模型来控制偏好、规模和可选异质性。结果表明，居民对现状的适应策略偏好增加，适应属性的评价与居民的社会人口特征相关。考虑可选异质性也显著提高了模型性能。
{"title":"Measuring Heterogeneous Preferences for Adaptation Strategies in Response to Sea Level Rise: Evidence from Miami-Dade County","authors":"Xuqi Chen, Zhifeng Gao, Xiang Bi","doi":"10.3368/le.062620-0093R1","DOIUrl":"https://doi.org/10.3368/le.062620-0093R1","url":null,"abstract":"Despite mounting threats from rising sea levels, adaptation to sea level rise (SLR) is often challenged by limited funding and understanding of residents’ preferences. Using an online choice experiment, we investigate residents’ preference for three SLR adaptation strategies: building seawalls, replenishing the beach, and installing stormwater pumps in Miami-Dade County. We control the preference, scale, and alternative heterogeneity using generalized multinomial logit models with error components. Results show that residents prefer additional adaptation strategies to the status quo, and valuations of adaptation attributes are correlated with residents’ sociodemographics. Accounting for alternative heterogeneity also significantly improves model performance.","PeriodicalId":51378,"journal":{"name":"Land Economics","volume":"99 1","pages":"38 - 62"},"PeriodicalIF":1.4,"publicationDate":"2022-06-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44560576","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Quality over Quantity: Nonmarket Values of Restoring Coastal Dunes in the U.S. Pacific Northwest 质重于量:美国西北太平洋海岸沙丘恢复的非市场价值
IF 1.4 4区 经济学 Q3 ECONOMICS
Land Economics
Pub Date : 2022-05-18 DOI: 10.3368/le.040721-0036R
T. Nguyen, D. Kling, Steven J. Dundas, S. Hacker, Daniel K. Lew, P. Ruggiero, K. Roy
We design a choice experiment to examine public preferences for coastal dune ecosystem restoration in the U.S. Pacific Northwest. Dunes are a public good whose natural state is now rare. Respondents are asked to choose among hypothetical projects that vary by project size, restoration quality, recreation access, flooding risk, and cost. Restoration quality is defined as closeness to the natural ecosystem. We find that increasing restoration quality results in significantly higher welfare gains than increasing the size of restoration area. Maintaining recreation access is preferred, and programs with recreation restrictions yield positive willingness to pay only if accompanied by the highest restoration quality.
我们设计了一个选择实验来研究美国西北太平洋海岸沙丘生态系统恢复的公众偏好。沙丘是一种公共物品，其自然状态现在已经很少见了。受访者被要求在假设的项目中进行选择，这些项目因项目规模、修复质量、娱乐通道、洪水风险和成本而异。恢复质量的定义是接近自然生态系统。研究发现，提高恢复质量带来的福利收益显著高于增加恢复面积。保持娱乐通道是首选，并且只有伴随着最高的恢复质量，具有娱乐限制的计划才会产生积极的支付意愿。
{"title":"Quality over Quantity: Nonmarket Values of Restoring Coastal Dunes in the U.S. Pacific Northwest","authors":"T. Nguyen, D. Kling, Steven J. Dundas, S. Hacker, Daniel K. Lew, P. Ruggiero, K. Roy","doi":"10.3368/le.040721-0036R","DOIUrl":"https://doi.org/10.3368/le.040721-0036R","url":null,"abstract":"We design a choice experiment to examine public preferences for coastal dune ecosystem restoration in the U.S. Pacific Northwest. Dunes are a public good whose natural state is now rare. Respondents are asked to choose among hypothetical projects that vary by project size, restoration quality, recreation access, flooding risk, and cost. Restoration quality is defined as closeness to the natural ecosystem. We find that increasing restoration quality results in significantly higher welfare gains than increasing the size of restoration area. Maintaining recreation access is preferred, and programs with recreation restrictions yield positive willingness to pay only if accompanied by the highest restoration quality.","PeriodicalId":51378,"journal":{"name":"Land Economics","volume":"99 1","pages":"63 - 79"},"PeriodicalIF":1.4,"publicationDate":"2022-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48584912","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Case-Based Reasoning and Dynamic Choice Modeling 基于案例的推理和动态选择建模
IF 1.4 4区 经济学 Q3 ECONOMICS
Land Economics
Pub Date : 2022-04-21 DOI: 10.3368/le.120820-0183r1
Priya Thomas, Todd Guilfoos
Estimating discrete choices under uncertainty typically rely on assumptions of expected utility theory. We build on the dynamic choice modeling literature by using a nonlinear case-based reasoning approach based on cognitive processes and forms expectations by comparing the similarity between past problems and the current problem faced by a decision maker. This study provides a proof of concept of a behavioral model of location choice applied to recreational fishers’ location choice behavior in Connecticut. We find the case-based decision model does well in explaining the observed data and provides value in explaining the dynamic value of attributes.
估计不确定性下的离散选择通常依赖于期望效用理论的假设。我们在动态选择建模文献的基础上，使用基于认知过程的非线性案例推理方法，并通过比较决策者所面临的过去问题与当前问题之间的相似性来形成期望。本研究将区位选择行为模型的概念应用于康涅狄格州休闲渔民的区位选择行为。我们发现基于案例的决策模型能够很好地解释观测数据，并且在解释属性的动态值方面提供了价值。
{"title":"Case-Based Reasoning and Dynamic Choice Modeling","authors":"Priya Thomas, Todd Guilfoos","doi":"10.3368/le.120820-0183r1","DOIUrl":"https://doi.org/10.3368/le.120820-0183r1","url":null,"abstract":"Estimating discrete choices under uncertainty typically rely on assumptions of expected utility theory. We build on the dynamic choice modeling literature by using a nonlinear case-based reasoning approach based on cognitive processes and forms expectations by comparing the similarity between past problems and the current problem faced by a decision maker. This study provides a proof of concept of a behavioral model of location choice applied to recreational fishers’ location choice behavior in Connecticut. We find the case-based decision model does well in explaining the observed data and provides value in explaining the dynamic value of attributes.","PeriodicalId":51378,"journal":{"name":"Land Economics","volume":"99 1","pages":"103 - 121"},"PeriodicalIF":1.4,"publicationDate":"2022-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43607416","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
The Disamenity Impact of Solar Farms: A Hedonic Analysis 太阳能农场的不利影响:享乐分析
IF 1.4 4区 经济学 Q3 ECONOMICS
Land Economics
Pub Date : 2022-04-21 DOI: 10.3368/le.071220-0105r
D. Maddison, Reece Ogier, Allan Beltrán
Photovoltaic solar farms are utility-level ground-mounted arrays of interconnected panels that convert sunlight into electricity. Little is known about the extent of any disamenity impact from these farms, despite numerous communities objecting to their construction. This study uses a property fixed-effects model to examine the disamenity impact of photovoltaic solar farms on households in England and Wales, as revealed by changes in property prices. Properties located ≤ 750 m south of an operational solar farm greater than 5 megawatts in capacity suffer a 5.4% reduction in relative prices. The effect of solar farms ≤ 5 megawatts in capacity or located more than 750 m south of properties is statistically insignificant.
光伏太阳能农场是公用事业级的地面安装的相互连接的面板阵列，将阳光转化为电能。尽管许多社区反对这些农场的建设，但人们对这些农场对环境的影响程度知之甚少。本研究使用财产固定效应模型来考察光伏太阳能农场对英格兰和威尔士家庭的不利影响，正如房地产价格变化所揭示的那样。装机容量大于5兆瓦的太阳能发电场以南≤750米处的物业相对价格将下降5.4%。容量≤5兆瓦或位于物业以南750米以上的太阳能农场的影响在统计上是微不足道的。
{"title":"The Disamenity Impact of Solar Farms: A Hedonic Analysis","authors":"D. Maddison, Reece Ogier, Allan Beltrán","doi":"10.3368/le.071220-0105r","DOIUrl":"https://doi.org/10.3368/le.071220-0105r","url":null,"abstract":"Photovoltaic solar farms are utility-level ground-mounted arrays of interconnected panels that convert sunlight into electricity. Little is known about the extent of any disamenity impact from these farms, despite numerous communities objecting to their construction. This study uses a property fixed-effects model to examine the disamenity impact of photovoltaic solar farms on households in England and Wales, as revealed by changes in property prices. Properties located ≤ 750 m south of an operational solar farm greater than 5 megawatts in capacity suffer a 5.4% reduction in relative prices. The effect of solar farms ≤ 5 megawatts in capacity or located more than 750 m south of properties is statistically insignificant.","PeriodicalId":51378,"journal":{"name":"Land Economics","volume":"99 1","pages":"1 - 16"},"PeriodicalIF":1.4,"publicationDate":"2022-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43320458","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
A Choice Matching Approach for Discrete Choice Analysis: An Experimental Investigation in the Laboratory 离散选择分析的选择匹配方法:实验室的实验研究
IF 1.4 4区 经济学 Q3 ECONOMICS
Land Economics
Pub Date : 2022-04-21 DOI: 10.3368/le.012621-0009r1
Simone Cerroni, Dan Derbyshire, W. Hutchinson, R. Nayga
This article is the first empirical application of the choice matching (CMa) method in discrete choice experiments (DCEs). An artifactual field experiment was conducted to test whether CMa applied to a DCE survey improves the validity and reliability of estimated preferences regarding standard hypothetical DCEs. Two experimental treatments were developed. In the first, subjects were exposed to a CMa-based DCE; in the second, subjects were exposed to a standard hypothetical DCE survey. Results suggest that although a CMa-based DCE does not improve validity, it can increase the reliability of estimated preferences.
本文是选择匹配方法在离散选择实验中的首次实证应用。进行了一项人工现场实验，以测试将CMa应用于DCE调查是否能提高关于标准假设DCE的估计偏好的有效性和可靠性。开发了两种实验处理方法。在第一个实验中，受试者暴露于基于CMa的DCE；在第二项研究中，受试者接受了一项标准的假设DCE调查。结果表明，尽管基于CMa的DCE不能提高有效性，但它可以提高估计偏好的可靠性。
{"title":"A Choice Matching Approach for Discrete Choice Analysis: An Experimental Investigation in the Laboratory","authors":"Simone Cerroni, Dan Derbyshire, W. Hutchinson, R. Nayga","doi":"10.3368/le.012621-0009r1","DOIUrl":"https://doi.org/10.3368/le.012621-0009r1","url":null,"abstract":"This article is the first empirical application of the choice matching (CMa) method in discrete choice experiments (DCEs). An artifactual field experiment was conducted to test whether CMa applied to a DCE survey improves the validity and reliability of estimated preferences regarding standard hypothetical DCEs. Two experimental treatments were developed. In the first, subjects were exposed to a CMa-based DCE; in the second, subjects were exposed to a standard hypothetical DCE survey. Results suggest that although a CMa-based DCE does not improve validity, it can increase the reliability of estimated preferences.","PeriodicalId":51378,"journal":{"name":"Land Economics","volume":"99 1","pages":"80 - 102"},"PeriodicalIF":1.4,"publicationDate":"2022-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45010022","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Polarization in environmental donations – application to deforestation prevention donation 环境捐赠的两极分化——在防止毁林捐赠中的应用
IF 1.4 4区 经济学 Q3 ECONOMICS
Land Economics
Pub Date : 2022-04-21 DOI: 10.3368/le.080921-0092r
Dede Long,Hongxing Liu,Rodolfo M. Nayga
{"title":"Polarization in environmental donations – application to deforestation prevention donation","authors":"Dede Long,Hongxing Liu,Rodolfo M. Nayga","doi":"10.3368/le.080921-0092r","DOIUrl":"https://doi.org/10.3368/le.080921-0092r","url":null,"abstract":"","PeriodicalId":51378,"journal":{"name":"Land Economics","volume":"24 10","pages":"080921-0092R"},"PeriodicalIF":1.4,"publicationDate":"2022-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138509457","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Polarization in Environmental Donations: Application to Deforestation-Prevention Donation 环境捐赠的两极分化:在防治毁林捐赠中的应用
IF 1.4 4区 经济学 Q3 ECONOMICS
Land Economics
Pub Date : 2022-04-21 DOI: 10.2139/ssrn.4001175
Dede Long, Hongxing Liu, R. Nayga
One common fundraising strategy used by nonprofit organizations is providing information to persuade potential donors. We theoretically and empirically analyze how information affects people’s willingness to donate. Our theory suggests when people have different initial beliefs, new information leads to polarization through their understanding and rationalization of social norms. We provide empirical support using an online experiment, demonstrating that environmental and public health information leads to polarization in deforestation prevention donations. Being exposed to information opposite of individuals’ existing beliefs reinforces their current opinions. Our results emphasize that implementing information treatment calls for careful deliberation.
非营利组织常用的一种筹款策略是提供信息说服潜在的捐赠者。我们从理论和实证上分析了信息如何影响人们的捐赠意愿。我们的理论表明，当人们有不同的初始信仰时，新的信息会通过他们对社会规范的理解和合理化而导致两极分化。我们通过一项在线实验提供了实证支持，证明环境和公共卫生信息导致了森林砍伐预防捐款的两极分化。暴露在与个人现有信仰相反的信息中会强化他们当前的观点。我们的研究结果强调，实施信息处理需要仔细考虑。
{"title":"Polarization in Environmental Donations: Application to Deforestation-Prevention Donation","authors":"Dede Long, Hongxing Liu, R. Nayga","doi":"10.2139/ssrn.4001175","DOIUrl":"https://doi.org/10.2139/ssrn.4001175","url":null,"abstract":"One common fundraising strategy used by nonprofit organizations is providing information to persuade potential donors. We theoretically and empirically analyze how information affects people’s willingness to donate. Our theory suggests when people have different initial beliefs, new information leads to polarization through their understanding and rationalization of social norms. We provide empirical support using an online experiment, demonstrating that environmental and public health information leads to polarization in deforestation prevention donations. Being exposed to information opposite of individuals’ existing beliefs reinforces their current opinions. Our results emphasize that implementing information treatment calls for careful deliberation.","PeriodicalId":51378,"journal":{"name":"Land Economics","volume":"99 1","pages":"122 - 140"},"PeriodicalIF":1.4,"publicationDate":"2022-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45212485","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Recreational Homes’ Impact on Agricultural Land Use 休闲住宅对农业用地的影响
IF 1.4 4区 经济学 Q3 ECONOMICS
Land Economics
Pub Date : 2022-04-21 DOI: 10.3368/le.090420-0140r1
Charles Towe,Zhenshan Chen
When nonresidents purchase agricultural properties, the land use decision can make farmland operate below potential, still allowing for tax credits. We empirically investigate how nonresident ownership affects the agricultural land use decisions in upstate New York. A difference-in-difference matching approach shows a causal link between purchases by nonresidents and a loss of 11% of acreage to a lower-productivity use. A generalization shows this conversion counts for one-seventh of the decreased agricultural land in intensive uses in similar counties. Perhaps a simple opportunistic use of the tax-credit criteria, this phenomenon contradicts the policy’s objective and might impose other consequences on rural communities.
{"title":"Recreational Homes’ Impact on Agricultural Land Use","authors":"Charles Towe,Zhenshan Chen","doi":"10.3368/le.090420-0140r1","DOIUrl":"https://doi.org/10.3368/le.090420-0140r1","url":null,"abstract":"When nonresidents purchase agricultural properties, the land use decision can make farmland operate below potential, still allowing for tax credits. We empirically investigate how nonresident ownership affects the agricultural land use decisions in upstate New York. A difference-in-difference matching approach shows a causal link between purchases by nonresidents and a loss of 11% of acreage to a lower-productivity use. A generalization shows this conversion counts for one-seventh of the decreased agricultural land in intensive uses in similar counties. Perhaps a simple opportunistic use of the tax-credit criteria, this phenomenon contradicts the policy’s objective and might impose other consequences on rural communities.","PeriodicalId":51378,"journal":{"name":"Land Economics","volume":"25 3","pages":"090420-0140R1"},"PeriodicalIF":1.4,"publicationDate":"2022-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138509456","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Property values, water quality, and benefit transfer: A nationwide meta-analysis. 财产价值、水质和利益转移:一项全国性的荟萃分析。
IF 1.4 4区 经济学 Q3 ECONOMICS
Land Economics
Pub Date : 2022-02-01 DOI: 10.3368/le.98.2.050120-0062r1
Dennis Guignet, Matthew T Heberling, Michael Papenfus, Olivia Griot

We construct a comprehensive, publicly-available meta-dataset based on 36 hedonic studies that examine the effects of water quality on housing values in the United States. The meta-dataset includes 656 unique estimates and entails a cluster structure that accounts for price effects at different distances. Focusing on water clarity, we estimate reduced-form meta-regressions that account for within-market dependence, statistical precision, housing market and waterbody heterogeneity, publication bias, and methodological practices. While we find evidence of systematic heterogeneity, the out-of-sample transfer errors are large. We discuss the implications for benefit transfer and future work to improve transfer performance.

我们基于36项享乐研究构建了一个全面的、公开可用的元数据集，这些研究考察了水质对美国住房价值的影响。元数据集包括656个独特的估计，并需要一个集群结构来解释不同距离的价格影响。关注水的清晰度，我们估计了简化形式的元回归，考虑了市场内依赖性、统计精度、住房市场和水体异质性、发表偏倚和方法实践。虽然我们发现了系统异质性的证据，但样本外传递误差很大。我们讨论了利益转移的意义和未来的工作，以提高转移绩效。
{"title":"Property values, water quality, and benefit transfer: A nationwide meta-analysis.","authors":"Dennis Guignet,&nbsp;Matthew T Heberling,&nbsp;Michael Papenfus,&nbsp;Olivia Griot","doi":"10.3368/le.98.2.050120-0062r1","DOIUrl":"https://doi.org/10.3368/le.98.2.050120-0062r1","url":null,"abstract":"<p><p>We construct a comprehensive, publicly-available meta-dataset based on 36 hedonic studies that examine the effects of water quality on housing values in the United States. The meta-dataset includes 656 unique estimates and entails a cluster structure that accounts for price effects at different distances. Focusing on water clarity, we estimate reduced-form meta-regressions that account for within-market dependence, statistical precision, housing market and waterbody heterogeneity, publication bias, and methodological practices. While we find evidence of systematic heterogeneity, the out-of-sample transfer errors are large. We discuss the implications for benefit transfer and future work to improve transfer performance.</p>","PeriodicalId":51378,"journal":{"name":"Land Economics","volume":"98 2","pages":"191-218"},"PeriodicalIF":1.4,"publicationDate":"2022-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9179230/pdf/nihms-1810377.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"10596047","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 11
首页 上一页 下一页 尾页
类型
全部 化学•材料 生命科学 医学 物理 工程技术 环境•农林 材料科学 地球科学 法学 管理学 化学 环境科学与生态学 计算机科学 教育学 经济学 农林科学 人文科学 生物学 数学 物理与天体物理 心理学 综合性期刊 其他 工业工程 理学 历史学 农学 文学 信息工程
数据库
全部 ACS Publications Elsevier ieeexplore Springer The Royal Society of Chemistry Wiley
期刊
Land Economics
全部 Acc. Chem. Res. ACS Applied Bio Materials ACS Appl. Electron. Mater. ACS Appl. Energy Mater. ACS Appl. Mater. Interfaces ACS Appl. Nano Mater. ACS Appl. Polym. Mater. ACS BIOMATER-SCI ENG ACS Catal. ACS Cent. Sci. ACS Chem. Biol. ACS Chemical Health & Safety ACS Chem. Neurosci. ACS Comb. Sci. ACS Earth Space Chem. ACS Energy Lett. ACS Infect. Dis. ACS Macro Lett. ACS Mater. Lett. ACS Med. Chem. Lett. ACS Nano ACS Omega ACS Photonics ACS Sens. ACS Sustainable Chem. Eng. ACS Synth. Biol. Anal. Chem. BIOCHEMISTRY-US Bioconjugate Chem. BIOMACROMOLECULES Chem. Res. Toxicol. Chem. Rev. Chem. Mater. CRYST GROWTH DES ENERG FUEL Environ. Sci. Technol. Environ. Sci. Technol. Lett. Eur. J. Inorg. Chem. IND ENG CHEM RES Inorg. Chem. J. Agric. Food. Chem. J. Chem. Eng. Data J. Chem. Educ. J. Chem. Inf. Model. J. Chem. Theory Comput. J. Med. Chem. J. Nat. Prod. J PROTEOME RES J. Am. Chem. Soc. LANGMUIR MACROMOLECULES Mol. Pharmaceutics Nano Lett. Org. Lett. ORG PROCESS RES DEV ORGANOMETALLICS J. Org. Chem. J. Phys. Chem. J. Phys. Chem. A J. Phys. Chem. B J. Phys. Chem. C J. Phys. Chem. Lett. Analyst Anal. Methods Biomater. Sci. Catal. Sci. Technol. Chem. Commun. Chem. Soc. Rev. CHEM EDUC RES PRACT CRYSTENGCOMM Dalton Trans. Energy Environ. Sci. ENVIRON SCI-NANO ENVIRON SCI-PROC IMP ENVIRON SCI-WAT RES Faraday Discuss. Food Funct. Green Chem. Inorg. Chem. Front. Integr. Biol. J. Anal. At. Spectrom. J. Mater. Chem. A J. Mater. Chem. B J. Mater. Chem. C Lab Chip Mater. Chem. Front. Mater. Horiz. MEDCHEMCOMM Metallomics Mol. Biosyst. Mol. Syst. Des. Eng. Nanoscale Nanoscale Horiz. Nat. Prod. Rep. New J. Chem. Org. Biomol. Chem. Org. Chem. Front. PHOTOCH PHOTOBIO SCI PCCP Polym. Chem.
﹀
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
×
提示
您的信息不完整，为了账户安全，请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号：481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们：info@booksci.cn
Book学术提供免费学术资源搜索服务，方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1