MEASURING THE BENEFITS OF AIR QUALITY IMPROVEMENT: A SPATIAL HEDONIC APPROACH

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dc.creatorKim, Chong Won
dc.creatorPhipps, Tim T.
dc.creatorAnselin, Luc
dc.date2017-04-01T19:28:49Z
dc.date.accessioned2026-07-09T03:33:31Z
dc.descriptionA spatial-econometric hedonic housing price model is estimated for the Seoul metropolitan area to measure the marginal value of improved air quality. Results showed that the spatial lag model fits best for both owner and renter households. Marginal WTP for a 4% improvement in air quality is about $3,200 for owners and $420 for renters.
dc.identifierdoi:10.22004/ag.econ.20959
dc.identifierhttps://ageconsearch.umn.edu/record/20959/files/spkimc01.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/20959
dc.identifier.urihttp://hdl.handle.net/123456789/535105
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/20959
dc.titleMEASURING THE BENEFITS OF AIR QUALITY IMPROVEMENT: A SPATIAL HEDONIC APPROACH
dc.typeText

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