G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w21051
来源IDWorking Paper 21051
Some Like it (Less) Hot: Extracting Tradeoff Measures for Physically Coupled Amenities
H. Allen Klaiber; Joshua Abbott; V. Kerry Smith
发表日期2015-03-30
出版年2015
语种英语
摘要The Urban Heat Island (UHI) provides direct evidence of how human activities contribute to a feedback loop that can result in multiple changes in ecosystem services by creating localized warming as well as differences in vegetated landscapes in areas surrounding the urban core. This paper develops a new spatial-temporal panel estimator to recover consistent estimates of household valuation of coupled landscape and temperature ecosystem services. Using data from Phoenix, AZ, we estimate a hedonic price function using an extension of the Hausman-Taylor model. The framework adapts the earlier Abbott Klaiber [2011] proposal to overcome challenges associated with the varying spatial scales of capitalization of landscape and temperature variables and the likelihood of spatially and temporally varying omitted variables. We find a positive and economically significant marginal willingness to pay (MWTP) for measures of green landscaping at multiple spatial scales and a separate, MWTP for a one degree (F) reduction in outdoor temperatures of $56 monthly.
主题Public Economics ; Taxation ; Public Goods ; Environmental and Resource Economics ; Environment
URLhttps://www.nber.org/papers/w21051
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578723
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GB/T 7714
H. Allen Klaiber,Joshua Abbott,V. Kerry Smith. Some Like it (Less) Hot: Extracting Tradeoff Measures for Physically Coupled Amenities. 2015.
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