Spatially Delineated Public Goods and Spatially Located Public Bads: A Hedonic Approach to Measuring Urban Revitalization
John Brown and
Agricultural and Resource Economics Review, 2011, vol. 40, issue 3, 15
A regression discontinuity approach is used to measure the impact of public-goods creating programs in a declining inner city neighborhood of Worcester Massachusetts. Using GIS data, we develop a hedonic model of residential sales, using a parcel-level GIS tax assessment and land use database linked to property sales data for the years 1988 through 2007, to test the effect of the creation of a new high-performing public school, as well as other locational amenities and disamenities on neighborhood housing prices, by comparing properties adjacent to either side of the school catchment area boundary.
Keywords: Community/Rural/Urban Development; Land Economics/Use; Research Methods/ Statistical Methods (search for similar items in EconPapers)
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Journal Article: Spatially Delineated Public Goods and Spatially Located Public Bads: A Hedonic Approach to Measuring Urban Revitalization (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:arerjl:120683
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