Estimating the Demand for Air Quality: New Evidence Based on the Chicago Housing Market

Chattopadhyay, Sudip

doi:10.2307/3146991

Cited by 133 publications

(73 citation statements)

References 15 publications

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“…But there is also an argument that land use regulations may not be able to raise the land price and their impact on land price is controlled by the market environment [28]. Similar to land use regulations, urban planning may cause the rise of urban land prices but sometimes it also may cause a decline in land prices [29]. Many studies showed that taxes could lead to a rise in land price [30].…”

Section: Introductionmentioning

confidence: 99%

Spatiotemporal Effects of Main Impact Factors on Residential Land Price in Major Cities of China

Yang

et al. 2017

Sustainability

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Abstract:With the rapid development of land marketization in China, the spatial patterns of residential land prices in different regions have become increasingly complicated. The very high and continuously rising residential land prices in many cities are causing significant challenges to economic development and social stability. Yet, there has only been a limited amount of attempts made to model and analyze the regional dynamic changes of residential land price systematically, especially in term of the spatially varying effects of key demographic and economic factors. In this study we provided a perspective analysis of the changes of residential land prices in 2008, 2011 and 2014 based on the land price monitoring records of 105 cities and then conducted a geographically weighted regression (GWR) analysis on the relationships between residential land price and three major impact factors (i.e., immigrant population, gross domestic product (GDP) and investment in residential buildings). Results show that the areas in which GDP had relatively strong positive impacts on residential land price expanded with time. The negative effects of immigrant population on residential land price were mainly concentrated in the cities around the Bohai Rim and the area with negative effects gradually shrank in the three studied years. Conversely, the areas with negative correlation between investment in residential buildings and residential land price gradually expanded in size over time. A geographical detector was used to examine the relative importance of factors to residential land price. It was found that the GDP had more significant influence on residential land price than other factors and the influence of the three factors to overall variation in residential land price increased over the three studied years. These results underscore the importance of taking spatially varying effects of major driving factors into account in policy-making on regional land market.

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Section: Introductionmentioning

confidence: 99%

Spatiotemporal Effects of Main Impact Factors on Residential Land Price in Major Cities of China

Yang

et al. 2017

Sustainability

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“…33,34 The mechanism by which Lyme disease risk could affect human settlement patterns, in this case the population residing in the wildland-urban interface (WUI), is through the effect of risk on housing demand. There is abundant evidence that local demand for housing decreases when residents are exposed to human health risks associated with air and water pollution, [35][36][37][38][39][40] hazardous waste sites, [41][42][43] and nuclear power facilities. 44 In turn, lower housing demand results in less land conversion for new housing construction [45][46][47] and reduces migration to the area.…”

Section: Introductionmentioning

confidence: 99%

Lyme Disease Risk Influences Human Settlement in the Wildland–Urban Interface: Evidence from a Longitudinal Analysis of Counties in the Northeastern United States

Larsen

MacDonald

Plantinga

2014

The American Journal of Tropical Medicine and Hygiene

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Abstract. The expansion of human settlement into wildland areas, including forests in the eastern United States, has resulted in fragmented forest habitat that has been shown to drive higher entomological risk for Lyme disease. We investigated an alternative pathway between fragmentation and Lyme disease, namely whether increased risk of Lyme disease results in a reduced propensity to settle in high-risk areas at the interface of developed and undeveloped lands. We used longitudinal data analyses at the county level to determine whether Lyme disease incidence (LDI) influences the proportion of the population residing in the wildland-urban interface in 12 high LDI states in the eastern United States. We found robust evidence that a higher LDI reduces the proportion of a county's population residing in the wildland-urban interface in high-LDI states. This study provides some of the first evidence of human behavioral responses to Lyme disease risk via settlement decisions.

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“…The characteristics or attributes of a dwelling are assumed to be capitalized into the value of the house and land and, consequently, in the rents. Then, the HPM allows splitting the value of the dwelling into its various attributes for the purpose of assigning values to particular attributes such as air quality (see for example Chattopadhyay, 1999;Zabel and Kiel, 2000). The derivative of the price with respect to the environmental quality variable is the implicit price, e.g.…”

Section: Model Specificationmentioning

confidence: 99%

Valuation of Environmental Goods in Profit and Non-Profit Housing Sectors: Evidence from the Rental Market in the City of Zurich

Banfi

Filippini

Horehájová

2008

Swiss J Economics Statistics

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Summary This paper analyses the impact of electromagnetic pollution, noise and air pollution on the rent level for the aggregated and disaggregated market in the city of Zurich, Switzerland. Although there is no conclusive assessment about the health impacts of electromagnetic radiation people are nonetheless concerned about possible long term risks associated with the exposure. This risk perception may affect the price of dwellings located close to antenna. The regression results show that the environmental variables considered have the expected sign and are highly significant, with exception of the presence of an antenna and the air pollution for the non-profit submarket. However, the greatest part of the variation is explained by the structural variables.

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Estimating the Demand for Air Quality: New Evidence Based on the Chicago Housing Market

Cited by 133 publications

References 15 publications

Spatiotemporal Effects of Main Impact Factors on Residential Land Price in Major Cities of China

Spatiotemporal Effects of Main Impact Factors on Residential Land Price in Major Cities of China

Lyme Disease Risk Influences Human Settlement in the Wildland–Urban Interface: Evidence from a Longitudinal Analysis of Counties in the Northeastern United States

Valuation of Environmental Goods in Profit and Non-Profit Housing Sectors: Evidence from the Rental Market in the City of Zurich

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