G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
The Amenity Value of Climate to German Households
Katrin Rehdanz; David Maddison
发表日期2004
出处Climate Change and Sustainable Development
出版年2004
语种英语
摘要This study uses the hedonic approach to measure the amenity value of climate in Germany. Unlike in earlier research separate hedonic wage and house price regressions are estimated for relatively small geographic areas and formal tests undertaken to determine whether the coefficients describing the impact of climate variables are homogenous across these areas. Evidence suggests that German households are compensated for climate amenities mainly through hedonic housing markets. Given that climate is largely unproductive to industry and few industries spend more on land than labour this is consistent with what theory would predict. Throughout Germany house prices are higher in areas with higher January temperatures, lower July temperatures and lower January precipitation. In East Germany wages are higher in areas with higher January precipitation. The full implicit price of climate variables however is very uncertain. .
特色分类Q29,R29
关键词Climate change,Germany,Hedonic pricing
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-amenity-value-of-climate-to-german-households/
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/117008
推荐引用方式
GB/T 7714
Katrin Rehdanz,David Maddison. The Amenity Value of Climate to German Households. 2004.
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NDL2004-057.pdf(693KB)智库出版物 限制开放CC BY-NC-SA浏览
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