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Hedonic models and air pollution: Twenty-five years and counting

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  • V. Smith
  • Ju Huang

Abstract

This paper reports a meta analysis of how effectively hedonic property models have detected the influence of air pollution on housing prices. Probit estimates are reported describing how data, model specification, and local property market conditions in cities represented in thirty-seven studies influence the ability of hedonic models to uncover negative, statistically significant relationships between housing prices and air pollution measures. Copyright Kluwer Academic Publishers 1993

Suggested Citation

  • V. Smith & Ju Huang, 1993. "Hedonic models and air pollution: Twenty-five years and counting," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 3(4), pages 381-394, August.
    • Handle: RePEc:kap:enreec:v:3:y:1993:i:4:p:381-394
    DOI: 10.1007/BF00418818
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    References listed on IDEAS

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