Hedonic models and air pollution: Twenty-five years and counting | Zendy

V. Kerry Smith | Zendy; Ju Chin Huang | Zendy

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Hedonic models and air pollution: Twenty-five years and counting

Author(s) -

V. Kerry Smith,

Ju Chin Huang

Publication year - 1993

Publication title -

environmental and resource economics

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 1.27

H-Index - 92

eISSN - 1573-1502

pISSN - 0924-6460

DOI - 10.1007/bf00418818

Subject(s) - probit model , econometrics , air pollution , pollution , property value , economics , hedonic pricing , ordered probit , residential property , property (philosophy) , environmental science , economic geography , real estate , ecology , chemistry , organic chemistry , biology , philosophy , finance , epistemology

This paper reports a meta analysis of how effectively hedonic property models have detected the influence of air pollution on housing prices. Probit estimates are reported describing how data, model specification, and local property market conditions in cities represented in thirty-seven studies influence the ability of hedonic models to uncover negative, statistically significant relationships between housing prices and air pollution measures. Copyright Kluwer Academic Publishers 1993Hedonic models, air pollution, meta analysis,

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