Hedonic models and air pollution: Twenty-five years and counting
V. Smith and
Authors registered in the RePEc Author Service: Vernon Smith and
V. Kerry Smith
Environmental & Resource Economics, 1993, vol. 3, issue 4, 381-394
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 1993
Keywords: Hedonic models; air pollution; meta analysis (search for similar items in EconPapers)
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