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.
- Language
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Englisch
- Bibliographic citation
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Journal: Environmental and Resource Economics ; ISSN: 1573-1502 ; Volume: 78 ; Year: 2021 ; Issue: 3 ; Pages: 381-416 ; Dordrecht: Springer Netherlands
- Classification
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Wirtschaft
- Subject
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Hedonic price model
Meta-regression analysis
Publication bias
Residential property values
Waste sites
- Event
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Geistige Schöpfung
- (who)
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Schütt, Marvin
- Event
-
Veröffentlichung
- (who)
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Springer Netherlands
- (where)
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Dordrecht
- (when)
-
2021
- DOI
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doi:10.1007/s10640-021-00536-2
- Last update
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10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Schütt, Marvin
- Springer Netherlands
Time of origin
- 2021
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