Migration and Hedonic Valuation: The Case of Air Quality

By Patrick J. Bayer, Nathaniel Keohane, C. Timmins. 2006

621 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/ba3852b207827235a645ddb15e0fbf8c7565815f

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In Economics and Econometrics

Citations in the corpus

The Effect of Air Pollution on Migration: Evidence from China (2017, neutral): “Bayer et al. (2009) note that costs associated with re-location might cause hedonic estimates to deviate from the willingness to pay for air pollution.”
Quasi-experimental and experimental approaches to environmental economics (2009, methodology): “[10] use IV techniques to estimate the capitalization of total suspended particulates into housing prices.”
Errors in variables and spatial effects in hedonic house price models of ambient air quality (2008, methodology): “3 The variables used in the hedonic specification are essentially the same as those in earlier work by Beron et al. (2004) and Anselin and Le Gallo (2006).”
The Spatial Extent of Water Quality Benefits in Urban Housing Markets (2011, background): “Similarly, the spatial distribution of welfare effects has been an important theme in hedonic property studies of air quality (Boyle and Kiel, 2001; Bayer et al., 2009) and proximity to hazardous waste sites in residential housing markets (Mendelsohn et al.”
Do 'Capitalization Effects' for Public Goods Reveal the Public's Willingness to Pay? (2014, neutral): “Migration statistics from the Census Bureau indicate that, on average, 13.3% 38 Modeling forward looking behavior and moving costs has been found to be important for welfare measures estimated from structural models of household sorting (Bayer, Keohane, and Timmins 2009, Bishop and Murphy 2011).”
Which hedonic models can we trust to recover the marginal willingness to pay for environmental amenities (2010, background): “We often expect these amenities to be correlated with unobserved neighborhood characteristics [6,8,11,20,22,27].”
On the Use of Subjective Well-Being Data for Environmental Valuation (2010, background): “moving costs into their hedonic models, Bayer et al., (2009) obtain marginal WTP estimates that”
Real Estate Valuation and Cross-Boundary Air Pollution Externalities: Evidence from Chinese Cities (2013, methodology): “Bayer et al. (2009) instrument for a city‘s air pollution levels using nearby ―origin‖ pollution that blows over to the ―destination‖ city.”
The New Economics of Equilibrium Sorting and Policy Evaluation Using Housing Markets (2013, background): “Adapting the logic of the PC framework, Bayer, Keohane, and Timmins (2009) replace n p in the 28 Bayer and Timmins (2007) demonstrate that variation in the choice set also increases the power of instruments based on substitute attributes.”
Valuing Public Goods Using Happiness Data: The Case of Air Quality (2012, positive): “Bayer et al. (2009) use householders' birth cities to control for aversion to moving and find WTP of $320 to $397 per μg/m, or $13–$16 per day for 14.”