The Spatial Extent of Water Quality Benefits in Urban Housing Markets

References

1. 1. Anderson Soren T.,
   2. West Sarah E.

   2006. “Open Space, Residential Property Values, and Spatial Context.” Regional Science and Urban Economics 36 (6): 773–89.

   OpenUrlCrossRefWeb of Science
2. 1. Anselin Luc

   . 1988. Spatial Econometrics: Methods and Models. Norwell, MA: Kluwer Academic Publishers.
3. 1. Bateman Ian. J.,
   2. Day Brett H.,
   3. Georgiou Stavros,
   4. Lake Iain

   . 2006. “The Aggregation of Environmental Benefit Values: Welfare Measures, Distance Decay and Total WTP.” Ecological Economics 60 (2): 450–60.

   OpenUrlCrossRefWeb of Science
4. 1. Bayer Patrick,
   2. Keohane Nathaniel,
   3. Timmins Christopher

   . 2009. “Migration and Hedonic Valuation: The Case of Air Quality.” Journal of Environmental Economics and Management 58 (2): 1–14.

   OpenUrlCrossRefWeb of Science
5. 1. Boyle Melissa A.,
   2. Kiel Katehrine A.

   2001. “A Survey of House Price Hedonic Studies of the Impact of Environmental Externalities.” Journal of Real Estate Literature 9 (2): 117–44.

   OpenUrl
6. 1. Brashares E. N.

   1985. “Estimating the Instream Value of Lake Water Quality in Southeast Michigan.” Ph.D. diss., University of Michigan.
7. 1. Brown Gardner M.,
   2. Pollakowski Henry O.

   1977. “Economic Valuation of Shoreline.” Review of Economics and Statistics 59 (3): 272–78.

   OpenUrlCrossRefWeb of Science
8. 1. Cameron Trudy

   . 2006. “Directional Heterogeneity in Distance Profiles in Hedonic Property Value Models.” Journal of Environmental Economics and Management 51 (1): 26–45.

   OpenUrlCrossRefWeb of Science
9. 1. Case Bradford,
   2. Clapp John,
   3. Dubin Robin,
   4. Rodriguez Mauricio

   . 2004. “Modeling Spatial and Temporal House Price Patterns: A Comparison of Four Models.” Journal of Real Estate Finance and Economics 29 (2): 167–91.

   OpenUrlCrossRefWeb of Science
10. 1. Cho Seong-Hoon,
    2. Clark Christopher D.,
    3. Park William M.,
    4. Kim Seung G.

    2009. “Spatial and Temporal Variation in the Housing Market Values of Lot Size and Open Space.” Land Economics 85 (1): 51–73.

    OpenUrlAbstract/FREE Full Text
11. 1. Cropper Maureen L.,
    2. Deck Leland B.,
    3. McConnell Kenneth E.

    1988. “On the Choice of Functional Form for Hedonic Price Functions.” Review of Economics and Statistics 70 (4): 668–75.

    OpenUrlCrossRefWeb of Science
12. 1. David Elizabeth L.

    1968. “Lakeshore Property Values: A Guide to Public Investment in Recreation.” Water Resources Research 4 (4): 697–707.

    OpenUrlCrossRefWeb of Science
13. 1. Deacon Robert T.,
    2. Schläpfer Felix

    . 2010. “The Spatial Range of Public Goods Revealed through Referendum Voting.” Environmental and Resource Economics 47 (3): 305–28.

    OpenUrl
14. 1. Deaton B. James,
    2. Hoehn John P.

    2004. “Hedonic Analysis of Hazardous Waste Sites in the Presence of Other Urban Disamenities.” Environmental Science & Policy 7 (6): 499–508.

    OpenUrlCrossRefWeb of Science
15. 1. Dornbusch David M.,
    2. Barrager Stephen M.

    1973. Benefit of Water Pollution Control on Property Value. Report to Office of Research and Monitoring, EPA-600/5-73-005. Washington, DC: U.S. Environmental Protection Agency.
16. 1. Duan Naihua

    . 1983. “Smearing Estimate: A Non-parametric Retransformation Method.” Journal of the American Statistical Association 78 (383): 605–10.

    OpenUrlCrossRefWeb of Science
17. 1. Egan Kevin J.,
    2. Herriges Joseph A.,
    3. Kling Catherine L.,
    4. Downing John A.

    2009. “Valuing Water Quality as a Function of Water Quality Measures.” American Journal of Agricultural Economics 91 (1): 106–23.

    OpenUrlAbstract/FREE Full Text
18. 1. Ekeland Ivar,
    2. Heckman James J.,
    3. Nesheim Lars

    . 2004. “Identification and Estimation of Hedonic Models.” Journal of Political Economy 112 (S1): S60–S109.

    OpenUrlCrossRefWeb of Science
19. 1. Epp Donald J.,
    2. Al-Ani K. S.

    1979. “The Effect of Water Quality on Rural Nonfarm Residential Property Values.” American Journal of Agricultural Economics 61 (3): 529–34.

    OpenUrlFREE Full Text
20. 1. Florida Department of Environmental Protection (FDEP)

    . 2008. Integrated Water Quality Assessment for Florida: 2008. 305 (b) Report and 303 (d) List Update. Tallahassee: Florida Department of Environmental Protection.
21. 1. Gelfand Alan E.,
    2. Ecker Mark D.,
    3. Knight John R.,
    4. Sirmans C. F.

    2004. “The Dynamics of Location in Home Price.” Journal of Real Estate Finance and Economics 29 (2): 149–66.

    OpenUrlCrossRef
22. 1. Gibbs Julie P.,
    2. Halstead John M.,
    3. Boyle Kevin J.

    2002. “An Hedonic Analysis of the Effects of Lake Water Clarity on New Hampshire Lakefront Properties.” Agricultural and Resource Economics Review 31 (1): 39–46.

    OpenUrl
23. 1. Griliches Zvi

    . 1971. “Hedonic Price Indexes of Automobiles: An Econometric Analysis of Quality Change.” In Price Indexes and Quality Change, ed. Griliches Zvi. Cambridge, MA: Harvard University Press.
24. 1. Hanley Nick,
    2. Schläpfer Felix,
    3. Spurgeon James

    . 2003. “Aggregating the Benefits of Environmental Improvements: Distance-Decay Functions for Use and Non-Use Values.” Journal of Environmental Management 68 (3): 297–304.

    OpenUrlCrossRefPubMedWeb of Science
25. 1. Horsch Eric J.,
    2. Lewis David J.

    2009. “The Effects of Aquatic Invasive Species on Property Values: Evidence from a Quasi-Experiment.” Land Economics 85 (2): 391–409.

    OpenUrlAbstract/FREE Full Text
26. 1. Ihlanfeldt Keith R.,
    2. Taylor Laura O.

    2004. “Externality Effects of Small-Scale Hazardous Waste Sites: Evidence from Urban Commercial Property Markets.” Journal of Environmental Economics and Management 47 (1): 117–39.

    OpenUrlCrossRefWeb of Science
27. 1. Iovanna Richard,
    2. Griffiths Charles

    . 2006. “Clean Water, Ecological Benefits, and Benefits Transfer: A Work in Progress at the U.S. EPA.” Ecological Economics 60 (3): 473–82.

    OpenUrlCrossRefWeb of Science
28. 1. Jackson Thomas O.

    2001. “The Effects of Environmental Contamination of Real Estate: A Literature Review.” Journal of Real Estate Literature 9 (2): 93–116.

    OpenUrl
29. 1. Kim Chon W.,
    2. Phipps Tim T.,
    3. Anselin Luc

    . 2003. “Measuring the Benefits of Air Quality Improvement: A Spatial Hedonic Approach.” Journal of Environmental Economics and Management 45 (1): 24–39.

    OpenUrlCrossRefWeb of Science
30. 1. Krysel Charles,
    2. Boyer Elizabeth M.,
    3. Parson Charles,
    4. Welle Patrick

    . 2003. Lakeshore Property Values and Water Quality: Evidence from Property Sales in the Mississippi Headwaters Region. Bemidji, MN: Legislative Commission on Minnesota Resources, Mississippi Headwaters Board, and Bemidji State University.
31. 1. Kuminoff Nick V.

    2009. “Decomposing the Structural Identification of Non-Market Values.” Journal of Environmental Economics and Management 57 (2): 123–39.

    OpenUrlCrossRefWeb of Science
32. 1. Lansford Notie H.,
    2. Jones Lonnie L.

    1995. “Marginal Price of Lake Recreation and Aesthetics: An Hedonic Approach.” Journal of Agricultural and Applied Economics 27 (1): 341–55.

    OpenUrl
33. 1. Le Canh Q.

    2009. “Three Essays in Spatial Econometrics and Labor Economics.” Ph.D. diss., Kansas State University.
34. 1. Le Canh Q.,
    2. Li Dong

    . 2008. “Double-Length Regression Tests for Testing Functional Form and Spatial Error Dependence.” Economics Letters 101 (3): 253–57.

    OpenUrl
35. 1. Leggett Christopher G.,
    2. Bockstael Nancy E.

    2000. “Evidence of the Effects of Water Quality on Residential Land Prices.” Journal of Environmental Economics and Management 39 (2): 121–44.

    OpenUrlCrossRefWeb of Science
36. 1. LeSage James P

    . 1999. The Theory and Practice of Spatial Econometrics, Documentation for the MATLAB Spatial Econometrics Toolbox. Toledo, OH: University of Toledo. Available at www.spatial-econometrics.com/html/sbook.pdf.
37. 1. Mendelsohn Robert,
    2. Hellerstein Daniel,
    3. Huguenin Michael,
    4. Unsworth Robert,
    5. Brazee Richard

    . 1992. “Measuring Hazardous Waste Damages with Panel Models.” Journal of Environmental Economics and Management 22 (3): 259–71.

    OpenUrlCrossRefWeb of Science
38. 1. Michael Holly J.,
    2. Boyle Kevin J.,
    3. Bouchard Roy

    . 2000. “Does the Measurement of Environmental Quality Affect Implicit Prices Estimated from Hedonic Models?” Land Economics 76 (2): 283–98.

    OpenUrlCrossRefWeb of Science
39. 1. Milon J. Walter,
    2. Gressel Jonathan,
    3. Mulkey David

    . 1984. “Hedonic Amenity Valuation and Functional Form Specification.” Land Economics 60 (4): 378–87.

    OpenUrlCrossRefWeb of Science
40. 1. Milon J. Walter,
    2. Scrogin David,
    3. Weishampel John

    . 2009. A Consistent Framework for Valuation of Wetland Ecosystem Services Using Discrete Choice Methods. Report to National Center for Environmental Economics, RD-83159801. Washington, DC: U.S. Environmental Protection Agency.
41. 1. Morgan Cynthia,
    2. Owens Nicole

    . 2001. “Benefits of Water Quality Policies: The Chesapeake Bay.” Ecological Economics 39 (2): 271–84.

    OpenUrlCrossRefWeb of Science
42. 1. Mueller Julie M.,
    2. Loomis John B.

    2008. “Spatial Dependence in Hedonic Property Models: Do Different Corrections for Spatial Dependence Result in Economically Significant Differences in Estimated Implicit Prices?” Journal of Agricultural and Resource Economics 33 (2): 212–31.

    OpenUrl
43. 1. Olmstead Sheila

    . 2010. “The Economics of Water Quality.” Review of Environmental Economics and Policy 4 (1): 44–62.

    OpenUrlAbstract/FREE Full Text
44. 1. Palmquist Raymond B.

    2005. “Property Value Models.” In Handbook of Environmental Economics, Vol. 2, ed. Mäler Karl-Göran, Vincent Jeffrey, 763–819. Amsterdam: Elsevier North Holland.

    OpenUrl
45. 1. Palmquist Raymond B.,
    2. Fulcher Charles M.

    2006. “The Economic Valuation of Shoreline: 30 Years Later.” In Explorations in Environmental and Natural Resource Economics: Essays in Honor of Gardner M. Brown, Jr., ed. Halvorsen Robert, Layton David F. Northampton, MA: Edward Elgar Publishing.
46. 1. Palmquist Raymond B.,
    2. Smith V. Kerry

    . 2001. “The Use of Hedonic Property Value Techniques for Policy and Litigation.” In International Year-book of Environmental and Resource Economics, ed. Tietenberg Tom, Folmer Henk. Northampton, MA: Edward Elgar Publishing.
47. 1. Parmeter Christopher F.,
    2. Pope Jaren C.

    2009. “Quasi-Experiments and Hedonic Property Value Models.” Unpublished manuscript, Department of Agricultural and Applied Economics, Virginia Polytechnic Institute and State University, Blacksburg.
48. 1. Pate Jennifer,
    2. Loomis John

    . 1997. “The Effect of Distance on Willingness to Pay Values: A Case Study of Wetlands and Salmon in California.” Ecological Economics 20 (3): 199–207.

    OpenUrlCrossRefWeb of Science
49. 1. Phaneuf Daniel J.,
    2. Smith V. Kerry,
    3. Palmquist Raymond B.,
    4. Pope Jaren C.

    2008. “Integrating Property Value and Local Recreation Models to Value Ecosystem Services in Urban Watersheds.” Land Economics 84 (3): 361–81.

    OpenUrlAbstract/FREE Full Text
50. 1. Poor P. Joan,
    2. Boyle Kevin J.,
    3. Taylor Laura O.,
    4. Bouchard Roy

    . 2001. “Objective versus Subjective Measures of Water Clarity in Hedonic Property Value Models.” Land Economics 77 (4): 482–93.

    OpenUrlAbstract/FREE Full Text
51. 1. Poor P. Joan,
    2. Pessagno Keri L.,
    3. Paul Robert W.

    2007. “Exploring the Hedonic Value of Ambient Water Quality: A Local Watershed-Based Study.” Ecological Economics 60 (4): 797–806.

    OpenUrlCrossRef
52. 1. Rosen Sherwin

    . 1974. “Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition.” Journal of Political Economy 82 (1): 34–55.

    OpenUrlCrossRefWeb of Science
53. 1. Sigman Hilary

    . 2002. “International Spillovers and Water Quality in Rivers: Do Countries Free Ride?” American Economic Review 92 (4): 1152–59.

    OpenUrlCrossRefWeb of Science
54. 1. Smith V. Kerry

    . 1993. “Welfare Effects, Omitted Variables, and the Extent of the Market.” Land Economics 69 (2): 121–31.

    OpenUrl
55. 1. Smith V. Kerry,
    2. Kopp Raymond J.

    1980. “The Spatial Limits of the Travel Cost Recreational Demand Model.” Land Economics 56 (1): 64–72.

    OpenUrlCrossRefWeb of Science
56. 1. StataCorp.

    2009. Stata: Release 11. Statistical Software. College Station, TX: StataCorp LP.
57. 1. State-EPA Nutrient Innovations Task Group (State-EPA NITG)

    . 2009. An Urgent Call to Action: Report of the State-EPA Nutrient Innovations Task Group. Washington, DC: U.S. Environmental Protection Agency.
58. 1. Sutherland Ronald J.,
    2. Walsh Richard G.

    1985. “Effects of Distance on the Preservation Value of Water Quality.” Land Economics 61 (3): 281–91.

    OpenUrlCrossRefWeb of Science
59. 1. U.S. Environmental Protection Agency (US EPA)

    . 2010a. National Summary of State Information, Watershed Assessment. Washington, DC: U.S. Environmental Protection Agency.
60. 1. U.S. Environmental Protection Agency (US EPA)

    . 2010b. Water Quality Standards for the State of Florida’s Lakes and Flowing Waters. EPA HQOW-2009-0596, Federal Register 75 4174-4226. Washington, DC:. U.S. Environmental Protection Agency.
61. 1. Vajjhala Shalini P.,
    2. John Anna M.,
    3. Evans David A.

    2008. “Determining the Extent of Market and Extent of Resource for Stated Preference Survey Design Using Mapping Methods.” RFF Discussion Paper 08-14. Washington, DC: Resources for the Future.
62. 1. Van Houtven George,
    2. Powers John,
    3. Pattanayak Subrehndu K.

    2007. “Valuing Water Quality Improvements in the United States Using Meta-Analysis: Is the Glass Half-Full or Half-Empty for National Policy Analysis?” Resource and Energy Economics 29 (3): 206–28.

    OpenUrlCrossRefWeb of Science
63. 1. Viscusi W. Kip,
    2. Huber Joel,
    3. Bell Jason

    . 2008. “The Economic Value of Water Quality.” Environmental and Resource Economics 41 (2): 169–87.

    OpenUrlCrossRefWeb of Science
64. 1. Walsh Patrick J.

    2009. “Hedonic Property Value Modeling of Water Quality, Lake Proximity, and Spatial Dependence in Central Florida.” PhD diss., Department of Economics, University of Central Florida.