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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
The Amenity Value of the Italian Climate | |
David Maddison; Andrea Bigano | |
发表日期 | 1997 |
出处 | Climate Change and Sustainable Development |
出版年 | 1997 |
语种 | 英语 |
摘要 | The hedonic literature suggests that locations with more favourable characteristics should display compensating wage and residential land price differentials. Using the hedonic price technique estimates of the willingness to pay for small changes in some key characteristics of the Italian climate were undertaken. The hedonic price models were specified both in terms of annual values and in terms of monthly values. The main conclusion of the analysis is that there exists considerable empirical support to the hypothesis that amenity values for climate are embedded in residential property prices. Italians would typically prefer a dryer, sunnier climate than at present, warmer in the winter and slightly cooler during the summer. The existence of compensating wage differentials was not investigated. These results may have relevance to the task of determining the economic impact of potential future climate change. |
关键词 | Climate Change,Italy,Hedonics |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-amenity-value-of-the-italian-climate/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116210 |
推荐引用方式 GB/T 7714 | David Maddison,Andrea Bigano. The Amenity Value of the Italian Climate. 1997. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL1997-011.pdf(350KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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