PT  - JOURNAL ARTICLE
AU  - Nolte, Christoph
AU  - Boyle, Kevin J.
AU  - Chaudhry, Anita
AU  - Clapp, Christopher
AU  - Guignet, Dennis
AU  - Hennighausen, Hannah
AU  - Kushner, Ido
AU  - Liao, Yanjun
AU  - Mamun, Saleh
AU  - Pollack, Adam
AU  - Richardson, Jesse
AU  - Sundquist, Shelby
AU  - Swedberg, Kristen
AU  - Uhl, Johannes H.
TI  - Data Practices for Studying the Impacts of Environmental Amenities and Hazards with Nationwide Property Data
AID  - 10.3368/le.100.1.102122-0090R
DP  - 2023 Jun 14
TA  - Land Economics
PG  - 102122-0090R
4099  - http://le.uwpress.org/content/early/2023/06/09/le.100.1.102122-0090R.short
4100  - http://le.uwpress.org/content/early/2023/06/09/le.100.1.102122-0090R.full
AB  - We discuss data quality and modeling issues inherent in the use of nationwide property data to value environmental amenities. By example of ZTRAX, a U.S.-wide real estate database, we identify challenges and propose guidance for: (1) the identification of arm’s-length sales, (2) the geo-location of parcels and buildings, (3) temporal linkages between transaction, assessor, and parcel data, (4) the identification of property types, such as single-family homes and vacant lands, and (5) dealing with missing or mismeasured data for standard housing attributes. We review current practice and show that how researchers address these issues can meaningfully influence research findings.