AbstractThis study attempts to determine the marginal willingness to pay for cleaner air in the Metropolitan District of Quito (DMQ) Equador by estimating the impact of air pollutants on property values. Spatial interpolation techniques portray pollutant concentrations in the DMQ. A hedonic model estimates air pollution impacts on properties. Impacts of three pollutants, (Particulate
AbstractAmong environmental factors, noise represents one of the most relevant determinants on human health and on the urban quality level and, consequently, on real estate values. Thus, the noise pollution issue plays a significant role in public urban policies aimed at increasing the acoustic comfort level and creating more sustainable and comfortable cities. The real estate market is highly
Abstract:Hedonic property value studies of water quality conventionally focus on water quality levels measured nearest a home. This study examines whether water quality at the nearest access point (i.e., a beach) matters more to local residents. Megan Kung, Dennis Guignet and Patrick Walsh conduct a hedonic analysis of water quality in the Long Island Sound, where an aging infrastructure and
... Congress may create entirely new subsidies for commercial electric vehicles and associated charging infrastructure included in both the Clean Energy for America Act and the Build Back Better Act. This issue brief analyzes the carbon dioxide (CO2) reductions and fiscal costs of subsidies for transit buses and certain trucks.Medium- and heavy-duty vehicles (that is, anything larger than a
Abstract:This article presents a meta-analysis based on 727 estimates from 83 hedonic pricing studies to provide new insights on the effects of waste sites on residential property values. Relative to previous meta-analyses on this subject, estimates are corrected for publication bias and the ability of the meta-regression model to produce reliable benefit-transfer estimates is assessed. Proximity
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