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| Owusu-Edusei, Kwame; Espey, Molly; Lin, Huiyan. |
| This study jointly estimates the impact of school quality and school proximity on residential property values in Greenville, South Carolina. While quality is found to be capitalized into residential property values, the degree of capitalization depends on school level and proximity to each school for which the house is zoned for attendance. In general, there is positive value associated with closer proximity to schools of all levels, and negative value associated with a significantly longer than average distance to schools. In terms of quality rankings, excellence at the elementary and high school levels has the strongest impact on property values. |
| Tipo: Journal Article |
Palavras-chave: Hedonics; Park proximity; School proximity; School quality; Land Economics/Use; I21; O18; R21. |
| Ano: 2007 |
URL: http://purl.umn.edu/6609 |
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| Brozovic, Nicholas; Islam, Shahnila. |
| In recent years there has been increasing regulation of agricultural water use in order to reduce transboundary and environmental water conflicts. Effective policy analysis needs to have tools to estimate correctly the value of irrigation water. Irrigating land increases crop yields and this higher profitability should be capitalized into the sales price of the land. For irrigation that depends on surface water rights, studies have found this to be the case (Xu et al. 1993, Faux and Perry 1999). However, studies that have analyzed the value of groundwater in irrigation have found mixed results. Hartman and Taylor (1989) and Sunderland, Libbin and Torell (1987) find that groundwater irrigation has no significant effect on land prices; Torrell et al. (1990)... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Groundwater; Hedonics; Propensity score matching; Environmental Economics and Policy. |
| Ano: 2010 |
URL: http://purl.umn.edu/61337 |
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