Hedonic models and air pollution

Twenty-five years and counting

V. Kerry Smith, Ju Chin Huang

Research output: Contribution to journalArticle

69 Citations (Scopus)

Abstract

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.

Original languageEnglish (US)
Pages (from-to)381-394
Number of pages14
JournalEnvironmental and Resource Economics
Volume3
Issue number4
DOIs
StatePublished - Aug 1993
Externally publishedYes

Fingerprint

atmospheric pollution
property market
market conditions
meta-analysis
Air pollution
Hedonic model
Housing prices
price
Market conditions
Probit
Property market
Meta-analysis
Model specification
city

Keywords

  • air pollution
  • Hedonic models
  • meta analysis

ASJC Scopus subject areas

  • Environmental Science (miscellaneous)
  • Economics and Econometrics
  • Environmental Science(all)
  • Earth and Planetary Sciences(all)

Cite this

Hedonic models and air pollution : Twenty-five years and counting. / Smith, V. Kerry; Huang, Ju Chin.

In: Environmental and Resource Economics, Vol. 3, No. 4, 08.1993, p. 381-394.

Research output: Contribution to journalArticle

Smith, V. Kerry ; Huang, Ju Chin. / Hedonic models and air pollution : Twenty-five years and counting. In: Environmental and Resource Economics. 1993 ; Vol. 3, No. 4. pp. 381-394.
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