EFFECTS OF AIR POLLUTION ON HOUSE VALUE (CASE STUDY: METROPOLITAN TABRIZ)

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SADEGHI S.K.; KHOUSH AKHLAGH R.; EMADZADEH MOSTAFA; DALALI ESFAHANI R.; NAFAR M.

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Journal: Iranian Journal of Economic Research Year:2009 | Volume:10 | Issue:37 Page(s): 179-200

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Information Journal Paper

Title

EFFECTS OF AIR POLLUTION ON HOUSE VALUE (CASE STUDY: METROPOLITAN TABRIZ)

Author(s)

Keywords

HEDONIC PRICE MODELQ3

URBAN AIR POLLUTIONQ3

BOX-COXQ3

Abstract

This paper employs the hedonic property value analysis to extract the value of clean air for families in metropolitan Tabriz. The results obtained from combining data on house values and their characteristics (taken from the Tabriz Family Life Survey) and data on the average level of pollutants in this city indicate that air pollution has a negative effect on housing value. In other word, individuals show a preference toward environmental amenities when they choose their houses. Furthermore, a segmentation of the housing market shows that the average marginal willingness to pay (MWTP) for improving air quality in upper-income households occupying spacious housing-units exceeds that of lower-income households occupying units with less preferable characteristics. In addition, the level of household's education affects on their MWTP.

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References

برآورد تابع تقاضای مسکن با استفاده از مدل هدانیک (مطالعه موردی شهرستان ساری)

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APA: Copy

SADEGHI, S.K., KHOUSH AKHLAGH, R., EMADZADEH, MOSTAFA, DALALI ESFAHANI, R., & NAFAR, M.. (2009). EFFECTS OF AIR POLLUTION ON HOUSE VALUE (CASE STUDY: METROPOLITAN TABRIZ). IRANIAN ECONOMIC RESEARCH, 10(37), 179-200. SID. https://sid.ir/paper/2595/en

Vancouver: Copy

SADEGHI S.K., KHOUSH AKHLAGH R., EMADZADEH MOSTAFA, DALALI ESFAHANI R., NAFAR M.. EFFECTS OF AIR POLLUTION ON HOUSE VALUE (CASE STUDY: METROPOLITAN TABRIZ). IRANIAN ECONOMIC RESEARCH[Internet]. 2009;10(37):179-200. Available from: https://sid.ir/paper/2595/en

IEEE: Copy

S.K. SADEGHI, R. KHOUSH AKHLAGH, MOSTAFA EMADZADEH, R. DALALI ESFAHANI, and M. NAFAR, “EFFECTS OF AIR POLLUTION ON HOUSE VALUE (CASE STUDY: METROPOLITAN TABRIZ),” IRANIAN ECONOMIC RESEARCH, vol. 10, no. 37, pp. 179–200, 2009, [Online]. Available: https://sid.ir/paper/2595/en

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