Strategic use of recycled content standards under international duopoly [An article from: Journal of Environmental Economics and Management]
Strategic use of recycled content standards under international duopoly [An article from: Journal of Environmental Economics and Management]

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This digital document is a journal article from Journal of Environmental Economics and Management, published by Elsevier in . The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.Description: In environmental economics, hedonic property value (HPV) models have often employed distance from a localized environmental disamenity as a proxy for perceived risk. The magnitude of a distance effect on housing prices, however, may depend upon the direction in which it is being measured. We generalize conventional distance models to allow for continuously varying directional effects by converting from Cartesian to polar coordinates. A simple empirical example (for housing prices around Woburn, Massachusetts, between 1988 and 1996) illustrates how failure to allow for directional heterogeneity can obscure otherwise statistically significant distance effects in HPV.

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  • Released: November 16, 2020
  • Author: K. Higashida,N. Jinji
  • Rating: 4,7
  • Publisher: Ebook DIgital Agency
  • Total Page: 961 pages
  • File Size: 3670 KB
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