The determinants of non-residential real estate values with special reference to environmental local amenities

Sofia F. Franco and W. Bowman Cutter

Ecological Economics, 2022, vol. 201, issue C

Abstract: This paper presents the results of an empirical study of the determinants of non-residential real estate values in Los Angeles County. The data base consists of 13, 370 property transactions from 1996 to 2005. Separate spatial econometric models are developed for industrial, commercial, retail and office properties. The study focuses on the impact on property values of environmental local amenities.

Keywords: Non-residential Property Values; Local Amenities; Spatial and Temporal Dependence (search for similar items in EconPapers)
JEL-codes: H23 R52 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:201:y:2022:i:c:s0921800922001471

DOI: 10.1016/j.ecolecon.2022.107485

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