Contaminantes locales malolientes y valores de propiedades residenciales: un análisis hedónico de cuatro ciudades del Condado de Orange (California)
We propose a simple framework combining GIS and hedonic pricing to evaluate the impacts of local industrial odors surrounding residential houses for four Southern California cities. Using GIS, we flag houses located at various distances from car paint-shops and smelly polluters in the EPA’s NET data...
| Main Authors: | , |
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| Format: | Online |
| Language: | English |
| Editor: |
El Colegio de México, A.C.
2005
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| Subjects: | |
| Online Access: | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/163 |
| Journal: |
Estudios Económicos |
| Summary: | We propose a simple framework combining GIS and hedonic pricing to evaluate the impacts of local industrial odors surrounding residential houses for four Southern California cities. Using GIS, we flag houses located at various distances from car paint-shops and smelly polluters in the EPA’s NET database. After accounting for heteroscedasticity through feasible GLS, we find statistically significant reduction in house prices of up to 3.4%. These results have implications for the local control of industrial odors. |
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