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Spatial hedonic models for environmental hazards and health outcomes

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  • Theodoros Makridakis
  • Sotiris Karkalakos

Abstract

This article examines the relationship between the total cost of services for radioprotection and the health outcomes in Greece with a spatial hedonic model using data from the period 2010 to 2016. We employ spatial analysis in a hedonic price framework to examine the impact of total service cost Nuts 1 level in Greece. We incorporate geographical as well as economic and health personnel effects in order to test for the existence and magnitude of interregional externalities including health-care expenditure, medical capital investment and examinations magnetic resonance imaging. Our findings robustly demonstrate that interregional externalities do matter for the regions of economic linkages implying strong cross-regional spillovers than geographical ones. Furthermore, we isolate the imprint of each service for radioprotection, provided by Greek Atomic Energy Commission, in order to detect the impact of each one in the total cost services. The results support that services for non-ionizing radiation have the strongest impact.

Suggested Citation

  • Theodoros Makridakis & Sotiris Karkalakos, 2020. "Spatial hedonic models for environmental hazards and health outcomes," Applied Economics, Taylor & Francis Journals, vol. 52(35), pages 3830-3841, July.
  • Handle: RePEc:taf:applec:v:52:y:2020:i:35:p:3830-3841
    DOI: 10.1080/00036846.2020.1722796
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    File URL: http://hdl.handle.net/10.1080/00036846.2020.1722796
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