Cultural heritage and the location choice of Dutch households in a residential sorting model
AbstractLocal amenities are an important factor in the location choice of households. Heterogeneity in preferences of households tends to sort households over different locations which satisfy best their preferences given their constraints. In this paper, we analyze the effect of cultural heritage on the location choice of households using a residential sorting model. Cultural heritage is often a determining factor of the specific atmosphere of a location and is valued as such by its residents. Since the attractiveness of a residential location may be affected by amenities in the surrounding locations, spatial econometrics is used to deal with these interdependencies. Our model accounts for unobserved characteristics of locations, heterogeneity of households and spatial correlation between the observed (and unobserved) attractiveness of locations. The results show, for instance, that the willingness to pay of highly educated households to reside in municipalities close to a high concentration of cultural heritage is higher than other types of households.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Oxford University Press in its journal Journal of Economic Geography.
Volume (Year): 13 (2013)
Issue (Month): 3 (May)
Contact details of provider:
Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
Fax: 01865 267 985
Web page: http://joeg.oxfordjournals.org/
Other versions of this item:
- Mark Van Duijn & Jan Rouwendal, 2011. "Cultural Heritage and the Location Choice of Dutch Households in a Residential Sorting Model," ERSA conference papers ersa11p648, European Regional Science Association.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Murdock, Jennifer, 2006. "Handling unobserved site characteristics in random utility models of recreation demand," Journal of Environmental Economics and Management, Elsevier, vol. 51(1), pages 1-25, January.
- David M. Drukker & Peter Egger & Ingmar R. Prucha, 2013. "On Two-Step Estimation of a Spatial Autoregressive Model with Autoregressive Disturbances and Endogenous Regressors," Econometric Reviews, Taylor & Francis Journals, vol. 32(5-6), pages 686-733, August.
- G�ran Therborn & K.C. Ho, 2009. "Introduction," City, Taylor & Francis Journals, vol. 13(1), pages 53-62, March.
- Nicolai V. Kuminoff & V. Kerry Smith & Christopher Timmins, 2010. "The New Economics of Equilibrium Sorting and its Transformational Role for Policy Evaluation," NBER Working Papers 16349, National Bureau of Economic Research, Inc.
- Patrick Bayer & Robert McMillan & Kim Rueben, 2004. "An Equilibrium Model of Sorting in an Urban Housing Market," NBER Working Papers 10865, National Bureau of Economic Research, Inc.
- Kelejian, Harry H. & Prucha, Ingmar R., 2010. "Specification and estimation of spatial autoregressive models with autoregressive and heteroskedastic disturbances," Journal of Econometrics, Elsevier, vol. 157(1), pages 53-67, July.
- Allen Klaiber, H. & Phaneuf, Daniel J., 2010. "Valuing open space in a residential sorting model of the Twin Cities," Journal of Environmental Economics and Management, Elsevier, vol. 60(2), pages 57-77, September.
- Jan Rouwendal & Jasper Dekkers & Jaap Boter, 2013. "Modelling The Relationship Between Different Typs Of Urban Amenities And Knowledge Workers Using Spatial Panel Data," ERSA conference papers ersa13p1193, European Regional Science Association.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum).
If references are entirely missing, you can add them using this form.