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Directional heterogeneity of environmental disamenities: the impact of crematory operations on adjacent residential values

机译：环境缺陷的方向异质性：火葬活动对相邻住宅价值的影响

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摘要

A hedonic study of residential house sales in Rawlins, Wyoming, was conducted to estimate the impact of an environmental shock from a new point source upon adjacent residential property values. We use a unique data base of house sale prices and associated house attributes, including structural and neighbourhood characteristics and geographic distances and directions from the source of the shock, atmospheric emissions from a new crematory. Our data spans 27 months of house sales: 7 months before, and 20 months after the startup of crematory operations. Results indicate that proximity, measured both in terms of direction and distance from the crematory, imparts a statistically significant negative impact on average house sale prices - an increase of 0.3 to 3.6% of average sale price for every one-tenth mile increase up to one-half mile in distance away from the crematory, but depending on direction from the crematory. This distance benefit increases somewhat with calendar time only for houses located west of the crematory.
机译：对怀俄明州罗林斯的住宅销售进行了享乐主义的研究，以估算新的点源对相邻住宅价值产生的环境冲击影响。我们使用房屋销售价格和相关房屋属性的独特数据库，包括结构和邻里特征以及震动源的地理距离和方向，新火葬场的大气排放。我们的数据涵盖了27个月的房屋销售：火化业务启动前7个月和启动后20个月。结果表明，就方向和与火葬场的距离而言，接近度对房屋平均销售价格产生了统计上显着的负面影响-每增加十分之一英里，平均房屋销售价格就会增加0.3％至3.6％距火葬场半英里，但取决于从火葬场的方向。仅在火葬场以西的房屋，这种距离收益会随着日历时间而有所增加。

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  • 来源
    《Applied Economics》 |2010年第15期|P.1735-1745|共11页
  • 作者

    Mark D. Agee; Thomas D. Crocker;

  • 作者单位

    Department of Economics, Pennsylvania State University, Altoona, PA 16601, USA;

    Department of Economics and Finance, University of Wyoming, Laramie, WY 82071, USA;

  • 收录信息 美国《科学引文索引》(SCI);
  • 原文格式 PDF
  • 正文语种 eng
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