Artikel
Systematic Variation in Waste Site Effects on Residential Property Values: A Meta-Regression Analysis and Benefit Transfer
This article presents a meta-analysis based on 727 estimates from 83 hedonic pricing studies to provide new insights on the effects of waste sites on residential property values. Relative to previous meta-analyses on this subject, estimates are corrected for publication bias and the ability of the meta-regression model to produce reliable benefit-transfer estimates is assessed. Proximity to severely contaminated waste sites has a supremely negative impact on residential property values, whereas on average the distance from non-hazardous waste sites has no effect. Correcting for publication bias has a sizeable impact, reducing the average effect size by up to 38%. Benefit-transfer errors based on the meta-regression model are fairly large and, in line with the broader literature, outperform simple value transfer when the underlying data sample is heterogeneous.
- Sprache
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Englisch
- Erschienen in
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Journal: Environmental and Resource Economics ; ISSN: 1573-1502 ; Volume: 78 ; Year: 2021 ; Issue: 3 ; Pages: 381-416 ; Dordrecht: Springer Netherlands
- Klassifikation
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Wirtschaft
- Thema
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Hedonic price model
Meta-regression analysis
Publication bias
Residential property values
Waste sites
- Ereignis
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Geistige Schöpfung
- (wer)
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Schütt, Marvin
- Ereignis
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Veröffentlichung
- (wer)
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Springer Netherlands
- (wo)
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Dordrecht
- (wann)
-
2021
- DOI
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doi:10.1007/s10640-021-00536-2
- Letzte Aktualisierung
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10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Schütt, Marvin
- Springer Netherlands
Entstanden
- 2021
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