Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1002/2016WR019606 |
The impact of water quality in Narragansett Bay on housing prices | |
Liu, Tingting1; Opaluch, James J.2; Uchida, Emi2 | |
2017-08-01 | |
发表期刊 | WATER RESOURCES RESEARCH |
ISSN | 0043-1397 |
EISSN | 1944-7973 |
出版年 | 2017 |
卷号 | 53期号:8 |
文章类型 | Article |
语种 | 英语 |
国家 | USA |
英文摘要 | We examine the impact of water quality in Narragansett Bay on housing prices in coastal towns and cities using a hedonic housing-price model. Unlike other hedonic studies of water quality, we test whether housing market responds to average water quality or more to extreme events. We also test the spatial and temporal extent of effects of water quality on housing prices. We find that poor coastal water quality, measured in terms of the concentration of chlorophyll, has a negative impact on housing prices that diminishes with distance from the shoreline. Furthermore, our finding suggests that housing prices are most influenced by the extreme environmental conditions, which may be accompanied by unpleasant odors, discoloration, and even fish kills. We further predict potential increases in home values associated under water quality improvement scenarios and find an increase in the values of homes in coastal communities along Narragansett Bay of about $18 million up to $136 million. |
英文关键词 | hedonic modeling benefit transfer spatial econometrics scenario analysis water quality extreme events |
领域 | 资源环境 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000411202000007 |
WOS关键词 | PROPERTY VALUE MODELS ; ESTIMATED IMPLICIT PRICES ; ECOSYSTEM SERVICES ; AIR-QUALITY ; VALUES ; BENEFITS ; MARKETS ; COASTAL ; EUTROPHICATION ; STANDARDS |
WOS类目 | Environmental Sciences ; Limnology ; Water Resources |
WOS研究方向 | Environmental Sciences & Ecology ; Marine & Freshwater Biology ; Water Resources |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/21184 |
专题 | 资源环境科学 |
作者单位 | 1.US EPA, Cincinnati, OH 45268 USA; 2.Univ Rhode Isl, Dept Environm & Nat Resource Econ, Kingston, RI 02881 USA |
推荐引用方式 GB/T 7714 | Liu, Tingting,Opaluch, James J.,Uchida, Emi. The impact of water quality in Narragansett Bay on housing prices[J]. WATER RESOURCES RESEARCH,2017,53(8). |
APA | Liu, Tingting,Opaluch, James J.,&Uchida, Emi.(2017).The impact of water quality in Narragansett Bay on housing prices.WATER RESOURCES RESEARCH,53(8). |
MLA | Liu, Tingting,et al."The impact of water quality in Narragansett Bay on housing prices".WATER RESOURCES RESEARCH 53.8(2017). |
条目包含的文件 | 条目无相关文件。 |
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