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Pollution Property Prices
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Book Synopsis Pollution, Property & Prices by : John Harkness Dales
Download or read book Pollution, Property & Prices written by John Harkness Dales and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Dales pointed out that traditional economic and legal solutions to pollution and resource problems were never going to be satisfactory and that a "third way" was needed. Today, all environmental economists of my generation recognise the debt we owe to Dales's work, as one of the intellectual foundations for emissions trading that began in California in the 1970s and now extends across the world. It is a work of immense influence which deserves reprinting.' - David Pearce, University College London, UK In this classic book, originally published in 1968 by University of Toronto Press, John Dales proposed a new policy instrument for tackling pollution problems, namely 'markets in pollution rights'. Dales was one of the first economists to put forward such a solution, and in subsequent years a system of emissions trading has evolved which is now a centrepiece in international discussions of how to address the problem of global climate change.
Book Synopsis Benefit of Water Pollution Control on Property Values by : David M. Dornbusch
Download or read book Benefit of Water Pollution Control on Property Values written by David M. Dornbusch and published by . This book was released on 1973 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Pollution and Property by : Daniel H. Cole
Download or read book Pollution and Property written by Daniel H. Cole and published by Cambridge University Press. This book was released on 2002-07-18 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental protection and resource conservation depend on the imposition of property rights (broadly defined) because in the absence of some property system - private, common, or public - resource degradation and depletion are inevitable. But there is no universal, first-best property regime for environmental protection in this second-best world. Using case studies and examples taken from countries around the world, this 2002 book demonstrates that the choice of ownership institution is contingent upon institutional, technological, and ecological circumstances that determine the differential costs of instituting, implementing, and maintaining alternative regimes. Consequently, environmental protection is likely to be more effective and more efficient in a society that relies on multiple (and often mixed) property regimes. The book concludes with an assessment of the important contemporary issue of 'takings', which arise when different property regimes collide.
Book Synopsis Pollution, Property and Prices by : J.H. Dales
Download or read book Pollution, Property and Prices written by J.H. Dales and published by . This book was released on 1974 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Using Hedonic Pricing Model to Valuate the Relationship Between Property Price and Air Pollution's Spatial Distribution by : Sai Fang (S.M.)
Download or read book Using Hedonic Pricing Model to Valuate the Relationship Between Property Price and Air Pollution's Spatial Distribution written by Sai Fang (S.M.) and published by . This book was released on 2017 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past several decades, the real estate market has surged in Beijing. Meanwhile, Beijing suffers severe air pollution now and then. Because of the dissatisfaction of air quality, clean air becomes a highly valued factor of the overall quality of life. When people choose to buy properties, they would be willing to pay more for a unit that is located in less polluted areas than for an otherwise identical unit that is located in more polluted areas. This study aims to establish a relationship between air pollution's spatial distribution and property price by using historical air quality record and property transaction data in Beijing. Although people cannot purchase clean air directly, variations in the air quality of different areas should be indirect reflected in housing prices. Employing the hedonic pricing model, the results suggest a strong positive relationship between a unit's resale price and the air quality of the area where the unit is located, meaning that properties that are located in an area with relatively better air quality are sold at a premium and vice versa. Besides, by using a matching regression, relationship between air quality's seasonal variation and property price is discovered, although it is not statistically significant. Another matching regression confirms that compared to property buyers, property renters care less about the air quality of the area where the unit is located, but care more about the unit's other specific locational attributes and physical attributes, such as job accessibility and interior decoration.
Book Synopsis Capitalization of Environmental Benefits Into Property Values by : Pramila K. Poudel
Download or read book Capitalization of Environmental Benefits Into Property Values written by Pramila K. Poudel and published by . This book was released on 1979 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis When Bad Things Happen to Good Property by : Robert A. Simons
Download or read book When Bad Things Happen to Good Property written by Robert A. Simons and published by Environmental Law Institute. This book was released on 2006 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Bad Things Happen to Good Property features a review of economics and theory of real estate environmental damages, empirical results from peer-reviewed literature, and legal outcomes of environmental contamination litigation in the United States. It also includes chapters written by plaintiff and defense lawyers on litigating environmental cases and addresses the role of the real estate expert. In addition, the book analyzes outcomes with respect to frequency of lawsuit activity, evaluates litigious approaches for multiple damages cases, and discusses the plight of the small claims plaintiff. It concludes with a review of a number of case studies of actual toxic tort cases. When Bad Things Happen to Good Property is packed with various tables, figures, appendices, as well as a very large reference table (the BIG MATRIX) that assists residential property owners (exposed to different types of contamination) and their attorneys find out what kind of damages may be typical when contamination has effected property values.
Book Synopsis The Effects of Mobile-source Air and Noise Pollution on Residential Property Values by : Jon P. Nelson
Download or read book The Effects of Mobile-source Air and Noise Pollution on Residential Property Values written by Jon P. Nelson and published by . This book was released on 1975 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pollution, property & prices written by and published by . This book was released on 1970 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Cost of Clean Air by : United States. Environmental Protection Agency
Download or read book The Cost of Clean Air written by United States. Environmental Protection Agency and published by . This book was released on 1973 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Pollution Property and Prices by : John H. Dales
Download or read book Pollution Property and Prices written by John H. Dales and published by . This book was released on 1970 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Valuation of Social Cost (Routledge Revivals) by : David Pearce
Download or read book The Valuation of Social Cost (Routledge Revivals) written by David Pearce and published by Routledge. This book was released on 2014-02-04 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1978, The Valuation of Social Cost is concerned both with the idea, and with the practical problems, of placing monetary values on ‘intangible’, non-marketed goods, such as pollution, noise nuisance, personal injury, or the loss of home, neighbours or recreational benefit. A diverse range of contributors critically assess both the theoretical issues and the practical attempts made by economists and others to ‘monetise’ items which cannot be bought or sold. Each section contains a comprehensive literature review and a detailed critical appraisal. Despite being written in the late 70s, this book discusses issues which retain significant importance today.
Book Synopsis Impact of Air and Water Pollution on Housing Prices by : Bansari Mohan Saha
Download or read book Impact of Air and Water Pollution on Housing Prices written by Bansari Mohan Saha and published by . This book was released on 2001 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hot Property written by Rob Nijskens and published by Springer. This book was released on 2019-06-14 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book discusses booming housing markets in cities around the globe, and the resulting challenges for policymakers and central banks. Cities are booming everywhere, leading to a growing demand for urban housing. In many cities this demand is out-pacing supply, which causes house prices to soar and increases the pressure on rental markets. These developments are posing major challenges for policymakers, central banks and other authorities responsible for ensuring financial stability, and economic well-being in general.This volume collects views from high-level policymakers and researchers, providing essential insights into these challenges, their impact on society, the economy and financial stability, and possible policy responses. The respective chapters address issues such as the popularity of cities, the question of a credit-fueled housing bubble, the role of housing supply frictions and potential policy solutions. Given its scope, the book offers a revealing read and valuable guide for everyone involved in practical policymaking for housing markets, mortgage credit and financial stability.
Book Synopsis Does Air Quality Matter? by : Kenneth Young Chay
Download or read book Does Air Quality Matter? written by Kenneth Young Chay and published by . This book was released on 2004 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: We exploit the structure of the Clean Air Act to provide new evidence on the capitalization of total suspended particulates (TSPs) air pollution into housing values. This legislation imposes strict regulations on polluters in "nonattainment" counties, which are defined by TSPs concentrations that exceed a federally set ceiling. TSPs nonattainment status is associated with large reductions in TSPs pollution and increases in county-level housing prices. When nonattainment status is used as an instrumental variable for TSPs, we find that the elasticity of housing values with respect to particulates concentrations range from -0.20 to -0.35. These estimates of the average marginal willingness-to-pay for clean air are far less sensitive to model specification than cross-sectional and fixed effects estimates, which occasionally have the "perverse" sign. We also find modest evidence that the marginal benefit of pollution reductions is lower in communities with relatively high pollution levels, which is consistent with preference-based sorting. Overall, the improvements in air quality induced by the mid-1970s TSPs nonattainment designation are associated with a $45 billion aggregate increase in housing values in nonattainment counties between 1970 and 1980. Keywords: Benefits of clean air act; valuation of air quality, hedonic methods. JEL Classifications: H4, Q51, Q53, Q58.
Book Synopsis Cost of Air Pollution Damage: a Status Report by : Larry B. Barrett
Download or read book Cost of Air Pollution Damage: a Status Report written by Larry B. Barrett and published by . This book was released on 1973 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economic Damages of Air Pollution by : Thomas E. Waddell
Download or read book The Economic Damages of Air Pollution written by Thomas E. Waddell and published by . This book was released on 1974 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers a virtual tour of the collection of 18th century French paintings focusing on portraiture of Chardin and other French painters (Largilliere, Nattier, Greuze, Houdon) housed in the National Gallery of Art in Washington, D.C. Provides images and descriptions of paintings in the collection.
