Market Values of Environmental Amenities: A Latent Variable Approach

Arguea, Nestor M.; Hsiao, Chêng

doi:10.1006/jhec.2000.0261

Cited by 11 publications

(10 citation statements)

References 38 publications

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“…A third approach, and the one we adopt here, adjusts the respondent's estimate of the percent non–Anglo Saxon in the neighborhood by subtracting from it an assessment of the neighborhood based on a latent variable from a multiple indicators‐multiple causes (MIMIC) model (Bollen, : 319–23). Although this approach is well known in the literature (Arguea and Hsiao, ), it has not been applied before in studies of disorder. With this approach, we can conceive of a latent variable capturing resident estimates of the minority presence in the neighborhood, which has multiple indicators and multiple causes (see figure ).…”

Section: Methodsmentioning

confidence: 99%

“Seeing” Minorities and Perceptions of Disorder: Explicating the Mediating and Moderating Mechanisms of Social Cohesion

et al. 2013

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Research shows that residents report high levels of disorder in places with greater concentrations of minorities even after controlling for objective indicators of crime or disorder. Less understood, however, are the mechanisms that explain this relationship.Drawing on a survey of nearly 10,000 residents nested within 297 neighborhoods across two cities, we use a multiple indicators multiple causes model to examine the cues that lead individuals to distort the presence of minorities in neighborhoods. We then employ multilevel models to assess how these distortions influence perceptions of disorder. Further, we assess if living in a socially cohesive neighborhood mediates and/or moderates the relationship between "seeing" minorities and perceiving disorder. We find that when residents overestimate the proportion of minorities living in their neighborhood, perceptions of disorder are heightened. Yet social cohesion moderates and partially mediates this relationship: residents living in socially cohesive neighborhoods not only report less disorder than those living in less cohesive communities; they "see" fewer minorities when compared to residents living in less socially cohesive neighborhoods. These results suggest that social cohesion is an important mechanism for explaining how residents internalize the presence of minorities in their neighborhoods and how this then leads to perceived neighborhood disorder.3

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Section: Methodsmentioning

confidence: 99%

“Seeing” Minorities and Perceptions of Disorder: Explicating the Mediating and Moderating Mechanisms of Social Cohesion

et al. 2013

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“…Sivitanidou (1995); Helmuth, Obata, & Kassabaum et al (1997); Tomkins, Topham, Twomey, and Ward (1998); and Morrell and Lu (2000) have used interesting policy variables like noise contours and the distance to an airport in the hedonic price function. Other statistical techniques such as method of moments (Bell and Bockstael 2000), principal components analysis (Bourassa et al 1999), simultaneous equations (Irwin and Bockstael 2001), and latent variable approaches (Arguea and Hsiao 2000) are recent additions to the hedonics literature as well.…”

Section: Housing Hedonics Analyses: Their History and Problemsmentioning

confidence: 99%

Small Cities Matter, Too: The Impacts of an Airport and Local Infrastructure on Housing Prices in a Small Urban City

Lipscomb

2003

Rev Urban & Reg Develop

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Cities with small populations tend not to receive as much attention in housing hedonic studies as do large metropolitan areas despite their similar economic development goals (quality of life improvements for their citizens, etc.). However, small cities, with their relatively smaller number of amenities and features, tend to have fewer numbers of variables that operate to determine house prices. Therefore, hedonic prices can be estimated adequately for a single neighborhood in a small city with publicly available data, particularly for local officials who do not have the time or financial resources to complete detailed studies of their cities. In this study, a general model is estimated that uncovers the impacts of airport‐related noise, local recreational amenities, public transportation services, and schools on housing prices in a small city in metropolitan Atlanta, Georgia, USA. The implications and usefulness of this approach to local economic developers and city planners will be discussed.

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“…The issue of altitude is important to understanding the quality of urban life because low-lying areas typically have low property values and are disproportionately swampy and flood prone, whereas higher-elevation areas usually have higher property values, are less susceptible to hazards, and command amenities such as views (Palmquist 1992;B. Smith 1994;Arguea and Hsiao 2000;Paterson and Boyle 2002). Low-lying areas have historically often been rendered-or interpreted-as aesthetically unattractive, disease ridden, frequently situated near railroad lines or deindustrialized sites such as abandoned warehouses, and tending to suffer smog inversions.…”

Section: Toward Integrating Topography and Racementioning

confidence: 99%

“…The question appears straightforward, yet its determination involves a complex multitude of epistemological and methodological issues pertaining to the social construction of urban space and the dynamics of residential segregation. Although a small body of literature is concerned with the impacts of altitude and topography on urban dynamics-all of it analyzed from positivist or empiricist vantage pointsthe relationships between altitude and the location of different ethnic communities has remained unexamined (for example, Willie 1961; Montz and Gruntfest 1986; Meyer 1994; Arguea and Hsiao 2000).…”

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confidence: 99%

Racialized Topographies: Altitude and Race in Southern Cities

Ueland

Warf

2006

Geographical Review

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ABSTRACT. This study examines altitudinal residential segregation by race in 146 cities in the U.S. South. It begins by embedding the topic in recent theorizations of the social construction of nature, the geography of race, and environmental justice. Second, it focuses on how housing markets, particularly in the South, tend to segregate minorities in low‐lying, flood‐prone, and amenity‐poor segments of urban areas. It tests empirically the hypothesis that blacks are disproportionately concentrated in lower‐altitude areas using gis to correlate race and elevation by digital elevation‐model block group within each city in 1990 and 2000. The statistical results confirm the suspected trend. A map of coefficients indicates strong positive associations in cities in the interior South‐where the hypothesis is confirmed‐and an inverse relationship near the coast, where whites dominate higher‐valued coastal properties. Selected city case studies demonstrate these relationships connecting the broad dynamics of racial segregation to the particularities of individual places.

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Market Values of Environmental Amenities: A Latent Variable Approach

Cited by 11 publications

References 38 publications

“Seeing” Minorities and Perceptions of Disorder: Explicating the Mediating and Moderating Mechanisms of Social Cohesion

“Seeing” Minorities and Perceptions of Disorder: Explicating the Mediating and Moderating Mechanisms of Social Cohesion

Small Cities Matter, Too: The Impacts of an Airport and Local Infrastructure on Housing Prices in a Small Urban City

Racialized Topographies: Altitude and Race in Southern Cities

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