Accessibility and Environmental Quality: Inequality in the Paris Housing Market
AbstractIn this paper we examine empirically the market for local amenities in the Paris metropolitan region. We find first that there is considerable inequality in the spatial distribution of these local amenities, including accessibility, environmental and social indicators. We use a spatial representation and Lorenz curves to examine the degree of inequality in these amenities, and this provides evidence that some amenities (or disamenities) are much more inequitably distributed than others. The most extremely unequally distributed amenities are noise (due to its concentration near airports), “Redevelopment Areas”, presence of water (lakes and rivers) and forests, and presence of train and subway stations. Some indicators, such as the “Poulit accessibility” measure, were by contrast remarkably constant over the region. We recognize that local amenities should be capitalized into the housing market, and explore the willingness to pay of households for these amenities within the Paris region using alternative specifications of a location choice model. One of the core questions we examine is the spatial scale of the amenity effects and how this is captured in a location choice context. By estimating models at both a commune and at a grid cell level, we obtain new insights into how households in the Paris region trade off amenities against each other and against housing cost. We find that the residential location choice model fits the data moderately better at the smaller scale of the grid cell compared to the commune.
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Bibliographic InfoPaper provided by THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise in its series THEMA Working Papers with number 2007-16.
Date of creation: 2007
Date of revision:
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Inequality; efficiency; local public goods; residential location; integrated model; transportation modelling; Paris area.;
Other versions of this item:
- De Palma, Andre & Motamedi, Kiarash & Picard, Nathalie & Waddell, Paul, 2007. "Accessibility and environmental quality: inequality in the Paris housing market," European Transport \ Trasporti Europei, ISTIEE, Institute for the Study of Transport within the European Economic Integration, issue 36, pages 47-74.
- R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
- R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Systems - - - Transportation: Demand, Supply, and Congestion
This paper has been announced in the following NEP Reports:
- NEP-AGR-2007-06-23 (Agricultural Economics)
- NEP-ALL-2007-06-23 (All new papers)
- NEP-ENV-2007-06-23 (Environmental Economics)
- NEP-GEO-2007-06-23 (Economic Geography)
- NEP-URE-2007-06-23 (Urban & Real Estate Economics)
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.:
- André de Palma & Nathalie Picard & Paul Waddell, 2007.
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THEMA Working Papers
2007-04, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
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- Ignacio A. Inoa & Nathalie Picard & André de Palma, 2013. "Commuting Time and Accessibility in a Joint Residential Location, Workplace, and Job Type Choice Model," THEMA Working Papers 2013-02, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- Guillaume POUYANNE (GREThA-GRES), 2008.
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- Nathalie Picard & Constantinos Antoniou, 2011. "Econometric guidance for developing UrbanSim models. First lessons from the SustainCity project," ERSA conference papers ersa11p1494, European Regional Science Association.
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