메뉴 건너뛰기




Volumn 49, Issue , 2014, Pages 93-107

The impact of hazardous industrial facilities on housing prices: A comparison of parametric and semiparametric hedonic price models

Author keywords

Conditionally parametric regression; Hedonic analysis; Industrial risk; Urban housing markets

Indexed keywords

HAZARD ASSESSMENT; HAZARDOUS WASTE; HEDONIC ANALYSIS; HOUSING MARKET; INDUSTRIAL WASTE; MODEL TEST; URBAN HOUSING; WILLINGNESS TO PAY;

EID: 84907527425     PISSN: 01660462     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.regsciurbeco.2014.09.002     Document Type: Article
Times cited : (44)

References (34)
  • 1
    • 21444434460 scopus 로고    scopus 로고
    • Semiparametric estimation of a hedonic price function
    • Anglin P.M., Gencay R. Semiparametric estimation of a hedonic price function. J. Appl. Econ. 1996, 11(6):633-648.
    • (1996) J. Appl. Econ. , vol.11 , Issue.6 , pp. 633-648
    • Anglin, P.M.1    Gencay, R.2
  • 2
    • 84935800783 scopus 로고
    • The estimation of demand parameters in hedonic price models
    • Bartik T.J. The estimation of demand parameters in hedonic price models. J. Polit. Econ. 1987, 95(1):81-88.
    • (1987) J. Polit. Econ. , vol.95 , Issue.1 , pp. 81-88
    • Bartik, T.J.1
  • 3
    • 40449115307 scopus 로고    scopus 로고
    • Flood hazards, insurance rates, and amenities: evidence from the coastal housing market
    • Bin O., Kruse J.B., Landry C.E. Flood hazards, insurance rates, and amenities: evidence from the coastal housing market. J. Risk Insur. 2008, 75(1):63-82.
    • (2008) J. Risk Insur. , vol.75 , Issue.1 , pp. 63-82
    • Bin, O.1    Kruse, J.B.2    Landry, C.E.3
  • 4
    • 55249111356 scopus 로고    scopus 로고
    • Semiparametric hedonic price models: assessing the effects of agricultural nonpoint source pollution
    • Bontemps C., Simioni M., Surry Y. Semiparametric hedonic price models: assessing the effects of agricultural nonpoint source pollution. J. Appl. Econ. 2008, 23(6):825-842.
    • (2008) J. Appl. Econ. , vol.23 , Issue.6 , pp. 825-842
    • Bontemps, C.1    Simioni, M.2    Surry, Y.3
  • 5
    • 24044516540 scopus 로고    scopus 로고
    • The impact of oil and natural gas facilities on rural residential property values: a spatial hedonic analysis
    • Boxall P.C., Chan W.H., McMillan M.L. The impact of oil and natural gas facilities on rural residential property values: a spatial hedonic analysis. Resour. Energy Econ. 2005, 27:248-269.
    • (2005) Resour. Energy Econ. , vol.27 , pp. 248-269
    • Boxall, P.C.1    Chan, W.H.2    McMillan, M.L.3
  • 6
    • 21444447235 scopus 로고    scopus 로고
    • The economic impact of a transient hazard on property values: the 1988 PEPCON explosion in Henderson, Nevada
    • Carroll T.M., Clauretie T.M., Jensen J., Waddoups M. The economic impact of a transient hazard on property values: the 1988 PEPCON explosion in Henderson, Nevada. J. Real Estate Financ. Econ. 1996, 13(2):143-167.
    • (1996) J. Real Estate Financ. Econ. , vol.13 , Issue.2 , pp. 143-167
    • Carroll, T.M.1    Clauretie, T.M.2    Jensen, J.3    Waddoups, M.4
  • 7
    • 23044469932 scopus 로고    scopus 로고
    • Does air quality matter? Evidence from the housing market
    • Chay K.Y., Greenstone M. Does air quality matter? Evidence from the housing market. J. Polit. Econ. 2005, 113(2):376-424.
    • (2005) J. Polit. Econ. , vol.113 , Issue.2 , pp. 376-424
    • Chay, K.Y.1    Greenstone, M.2
  • 8
    • 0000228338 scopus 로고
    • An interregional hedonic analysis of noxious facility impacts on local wages and property values
    • Clark D.E., Nieves L.A. An interregional hedonic analysis of noxious facility impacts on local wages and property values. J. Environ. Econ. Manag. 1994, 27(3):235-253.
    • (1994) J. Environ. Econ. Manag. , vol.27 , Issue.3 , pp. 235-253
    • Clark, D.E.1    Nieves, L.A.2
  • 10
    • 84855174045 scopus 로고    scopus 로고
    • The effect of power plants on local housing values and rents
    • Davis L.W. The effect of power plants on local housing values and rents. Rev. Econ. Stat. 2011, 93(4):1391-1402.
    • (2011) Rev. Econ. Stat. , vol.93 , Issue.4 , pp. 1391-1402
    • Davis, L.W.1
  • 11
    • 1842842955 scopus 로고    scopus 로고
    • Identification and estimation of hedonic models
    • Ekeland I., Heckman J.J., Nesheim L. Identification and estimation of hedonic models. J. Polit. Econ. 2004, 112(1):60-109.
    • (2004) J. Polit. Econ. , vol.112 , Issue.1 , pp. 60-109
    • Ekeland, I.1    Heckman, J.J.2    Nesheim, L.3
  • 12
    • 0031972501 scopus 로고    scopus 로고
    • SURVEY undesirable facilities and property values: a summary of empirical studies
    • Farber S. SURVEY undesirable facilities and property values: a summary of empirical studies. Ecol. Econ. 1998, 24:1-14.
    • (1998) Ecol. Econ. , vol.24 , pp. 1-14
    • Farber, S.1
  • 13
    • 0040353739 scopus 로고
    • The effects of refineries on neighborhood property values
    • Flower P.C., Ragas W.R. The effects of refineries on neighborhood property values. J. Real Estate Res. 1994, 9(3):319-338.
    • (1994) J. Real Estate Res. , vol.9 , Issue.3 , pp. 319-338
    • Flower, P.C.1    Ragas, W.R.2
  • 15
    • 84877924020 scopus 로고    scopus 로고
    • Does cleanup of hazardous waste sites raise housing values? Evidence of spatially localized benefits
    • Gamper-Rabindran S., Timmins C. Does cleanup of hazardous waste sites raise housing values? Evidence of spatially localized benefits. J. Environ. Econ. Manag. 2013, 65(3):354-360.
    • (2013) J. Environ. Econ. Manag. , vol.65 , Issue.3 , pp. 354-360
    • Gamper-Rabindran, S.1    Timmins, C.2
  • 16
    • 0034373370 scopus 로고    scopus 로고
    • Private values of risk tradeoffs at superfund sites: housing market evidence on learning about risk
    • Gayer T., Hamilton J.T., Viscusi W.K. Private values of risk tradeoffs at superfund sites: housing market evidence on learning about risk. Rev. Econ. Stat. 2000, 82(3):439-451.
    • (2000) Rev. Econ. Stat. , vol.82 , Issue.3 , pp. 439-451
    • Gayer, T.1    Hamilton, J.T.2    Viscusi, W.K.3
  • 17
    • 49449107483 scopus 로고    scopus 로고
    • Does hazardous waste matter? Evidence from the housing market and the superfund program
    • Greenstone M., Gallagher J. Does hazardous waste matter? Evidence from the housing market and the superfund program. Q. J. Econ. 2008, 123(3):951-1003.
    • (2008) Q. J. Econ. , vol.123 , Issue.3 , pp. 951-1003
    • Greenstone, M.1    Gallagher, J.2
  • 18
    • 77953845882 scopus 로고    scopus 로고
    • Identifying agglomeration spillovers: evidence from winners and losers of large plant openings
    • Greenstone M., Hornbeck R., Moretti E. Identifying agglomeration spillovers: evidence from winners and losers of large plant openings. J. Polit. Econ. 2010, 118(3):536-598.
    • (2010) J. Polit. Econ. , vol.118 , Issue.3 , pp. 536-598
    • Greenstone, M.1    Hornbeck, R.2    Moretti, E.3
  • 19
    • 84888117456 scopus 로고    scopus 로고
    • L'Impact de l'Industrie à Hauts Risques sur le Prix des Logements
    • Grislain-Letrémy C., Katossky A. L'Impact de l'Industrie à Hauts Risques sur le Prix des Logements. Econ. Stat. 2013, 460-461:79-106.
    • (2013) Econ. Stat. , pp. 79-106
    • Grislain-Letrémy, C.1    Katossky, A.2
  • 20
    • 0141767597 scopus 로고    scopus 로고
    • Environmental determinants of housing prices: the impact of flood zone status
    • Harrison D.M., Smersh G.T., Schwartz A.L. Environmental determinants of housing prices: the impact of flood zone status. J. Real Estate Res. 2001, 21(1/2):3-20.
    • (2001) J. Real Estate Res. , vol.21 , Issue.1-2 , pp. 3-20
    • Harrison, D.M.1    Smersh, G.T.2    Schwartz, A.L.3
  • 21
    • 33751338269 scopus 로고    scopus 로고
    • The impact of superfund sites on local property values: are all sites the same?
    • Kiel K.A., Williams M. The impact of superfund sites on local property values: are all sites the same?. J. Urban Econ. 2007, 61(1):170-192.
    • (2007) J. Urban Econ. , vol.61 , Issue.1 , pp. 170-192
    • Kiel, K.A.1    Williams, M.2
  • 22
    • 0008984646 scopus 로고
    • The impact of toxic waste sites on housing values
    • Kohlhase J.E. The impact of toxic waste sites on housing values. J. Urban Econ. 1991, 30:1-26.
    • (1991) J. Urban Econ. , vol.30 , pp. 1-26
    • Kohlhase, J.E.1
  • 23
    • 77957749758 scopus 로고    scopus 로고
    • Which hedonic models can we trust to recover the marginal willingness to pay for environmental amenities?
    • Kuminoff N.V., Parmeter C.F., Pope J.C. Which hedonic models can we trust to recover the marginal willingness to pay for environmental amenities?. J. Environ. Econ. Manag. 2010, 60(3):145-160.
    • (2010) J. Environ. Econ. Manag. , vol.60 , Issue.3 , pp. 145-160
    • Kuminoff, N.V.1    Parmeter, C.F.2    Pope, J.C.3
  • 24
    • 0009499341 scopus 로고
    • Flood hazard pricing and insurance premium differentials: evidence from the housing market
    • MacDonald D.N., White H.L., Taube P.M., Huth W.L. Flood hazard pricing and insurance premium differentials: evidence from the housing market. J. Risk Insur. 1990, 57(4):654-663.
    • (1990) J. Risk Insur. , vol.57 , Issue.4 , pp. 654-663
    • MacDonald, D.N.1    White, H.L.2    Taube, P.M.3    Huth, W.L.4
  • 26
    • 76349117697 scopus 로고    scopus 로고
    • Issues in spatial data analysis
    • McMillen D.P. Issues in spatial data analysis. J. Reg. Sci. 2010, 50(1):119-141.
    • (2010) J. Reg. Sci. , vol.50 , Issue.1 , pp. 119-141
    • McMillen, D.P.1
  • 27
    • 76349090581 scopus 로고    scopus 로고
    • Estimation and hypothesis testing for nonparametric hedonic house price functions
    • McMillen D.P., Redfearn C.L. Estimation and hypothesis testing for nonparametric hedonic house price functions. J. Reg. Sci. 2010, 50(3):712-733.
    • (2010) J. Reg. Sci. , vol.50 , Issue.3 , pp. 712-733
    • McMillen, D.P.1    Redfearn, C.L.2
  • 28
    • 0037386485 scopus 로고    scopus 로고
    • The aroma of Tacoma: time-varying average derivatives and the effect of a superfund site on house Prices
    • McMillen D.P., Thorsnes P. The aroma of Tacoma: time-varying average derivatives and the effect of a superfund site on house Prices. J. Bus. Econ. Stat. 2003, 21(2):237-246.
    • (2003) J. Bus. Econ. Stat. , vol.21 , Issue.2 , pp. 237-246
    • McMillen, D.P.1    Thorsnes, P.2
  • 29
    • 77649169963 scopus 로고    scopus 로고
    • The impact of hurricane ivan on expected flood losses, perceived flood risk, and property values
    • Morgan A. The impact of hurricane ivan on expected flood losses, perceived flood risk, and property values. J. Hous. Res. 2007, 16(1):47-60.
    • (2007) J. Hous. Res. , vol.16 , Issue.1 , pp. 47-60
    • Morgan, A.1
  • 30
    • 61349137558 scopus 로고    scopus 로고
    • How informative are average effects? Hedonic regression and amenity capitalization in complex urban housing markets
    • Redfearn C.L. How informative are average effects? Hedonic regression and amenity capitalization in complex urban housing markets. Reg. Sci. Urban Econ. 2009, 39(3):297-306.
    • (2009) Reg. Sci. Urban Econ. , vol.39 , Issue.3 , pp. 297-306
    • Redfearn, C.L.1
  • 31
    • 0001791734 scopus 로고
    • Hedonic prices and implicit markets: product differentiation in pure competition
    • Rosen S. Hedonic prices and implicit markets: product differentiation in pure competition. J. Polit. Econ. 1974, 82(1):34-55.
    • (1974) J. Polit. Econ. , vol.82 , Issue.1 , pp. 34-55
    • Rosen, S.1
  • 33
    • 78349313489 scopus 로고    scopus 로고
    • Hedonic analysis with locally weighted regression: an application to the shadow cost of housing regulation in Southern California
    • Sunding D.L., Swoboda A.M. Hedonic analysis with locally weighted regression: an application to the shadow cost of housing regulation in Southern California. Reg. Sci. Urban Econ. 2010, 40(6):550-573.
    • (2010) Reg. Sci. Urban Econ. , vol.40 , Issue.6 , pp. 550-573
    • Sunding, D.L.1    Swoboda, A.M.2
  • 34
    • 77952531829 scopus 로고    scopus 로고
    • Risques Industriels et Zone Naturelle Estuarienne : Une Analyse Hédoniste Spatiale
    • Travers M., Bonnet E., Chevé M., Appéré G. Risques Industriels et Zone Naturelle Estuarienne : Une Analyse Hédoniste Spatiale. Econ. Prévision 2009, 190-191(4-5):135-158.
    • (2009) Econ. Prévision , Issue.4-5 , pp. 135-158
    • Travers, M.1    Bonnet, E.2    Chevé, M.3    Appéré, G.4


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.