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Économie urbaine et comportement du consommateur face au climat. Effet sur les prix hédonistes et sur l'étalement urbain

Author

Listed:
  • Jean Cavailhès
  • Daniel Joly
  • Mohamed Hilal
  • Thierry Brossard
  • Pierre Wavresky

Abstract

We present a theoretical model in which, (i) households consume a climatic amenity, (ii) warmer climates increase an outdoor way of life (barbecue effect) and (iii) where commuting costs depend on climate (glare ice effect). We derive theoretical predictions on land rent gradients and urban sprawl. They are tested by econometric models that take into account a selection bias and endogenous variables using individual data from housing surveys. First, we estimate hedonic prices of climatic variables, second we show that were temperature is warmer urban areas are more sprawled and land rent gradients flatter. Therefore, in the French case, urban sprawl and warming reinforce each other, in an environmental vicious circle. Classification JEL : D12, Q51, Q54, R31

Suggested Citation

  • Jean Cavailhès & Daniel Joly & Mohamed Hilal & Thierry Brossard & Pierre Wavresky, 2014. "Économie urbaine et comportement du consommateur face au climat. Effet sur les prix hédonistes et sur l'étalement urbain," Revue économique, Presses de Sciences-Po, vol. 65(4), pages 591-619.
    • Handle: RePEc:cai:recosp:reco_654_0591
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    More about this item

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

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