Endogenous open space amenities in a locational equilibrium

By Randall Walsh. 2007

218 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/5b7a0ef4ddd98b3b8267763e89a067e92e9f411a

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In Economics and Econometrics

Citations in the corpus

NEW DIRECTIONS FOR URBAN ECONOMIC MODELS OF LAND USE CHANGE: INCORPORATING SPATIAL DYNAMICS AND HETEROGENEITY (2010, unknown): “…of agent heterogeneity and sorting in explaining observed patterns of household location in urban areas and have sparked exciting new research on household location, local amenities and urban housing markets (e.g., Smith et al., 2004; Walsh, 2007; Bayer, Keohane, and Timmins, 2009; Kuminoff, 2009).”
Hedonic Price Effects of Pedestrian- and Transit-Oriented Development (2011, background): “Walsh (2007) calculates that the average household living ½ mile from open space is willing to pay a one-time amount of $4,104 to reduce its distance from open space by ¼ mile.”
Valuing open space in a residential sorting model of the Twin Cities (2010, methodology): “Walsh (2007) addresses these limitations by using an Epple and Sieg (1999) style vertical sorting model to measure the value of open space amenities.”
The New Economics of Equilibrium Sorting and Policy Evaluation Using Housing Markets (2013, background): “Exceptions to the later include models in which voters anticipate the consequences of their votes for housing prices and migration (e.g. Epple and Thomas Romer 1991) or homeowners anticipate the loss of open space (Walsh 2007).”
Do 'Capitalization Effects' for Public Goods Reveal the Public's Willingness to Pay? (2014, unknown): “…Duke conference on housing market dynamics, and seminar participants at Arizona State University, Brigham Young University, Research Triangle Institute, Tufts University, University of Calgary, University of Tennessee, Utah State University, Virginia Tech, and Washington University in St. Louis.”
Landscape amenities and local development: a review of migration, regional economic and hedonic pricing studies (2010, background): “They remain an important topic for further study using approaches that take political responses to amenity changes into account (Chen et al., 2009; Nelson et al., 2007; Walsh, 2007).”
Which hedonic models can we trust to recover the marginal willingness to pay for environmental amenities (2010, background): “16 Wake County is one of several metropolitan areas to use bond initiatives to raise money to preserve open space [34].”