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

V. Kerry Smith, Ju Chin Huang

Research output: Contribution to journalArticlepeer-review

72 Scopus citations

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

Keywords

  • Hedonic models
  • air pollution
  • meta analysis

ASJC Scopus subject areas

  • Economics and Econometrics
  • Management, Monitoring, Policy and Law

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