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How Do Ozone Levels Influence the Timing of Residential Moves?

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  • Brooks Depro
  • Raymond B. Palmquist

Abstract

Although there is evidence that people are aware of local ozone levels and may adjust their day-to-day routines when ozone levels change, little is known about the relationship between local ozone levels and the timing of residential moves. Results from a discrete-time hazard model suggest that homeowners living in areas with moderate to poor air quality are more likely to move when ozone levels are substantially different (better or worse) from the levels at the time of purchase.

Suggested Citation

  • Brooks Depro & Raymond B. Palmquist, 2012. "How Do Ozone Levels Influence the Timing of Residential Moves?," Land Economics, University of Wisconsin Press, vol. 88(1), pages 43-57.
    • Handle: RePEc:uwp:landec:v:88:y:2012:i:1:p:43-57
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    References listed on IDEAS

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    2. Irwin, Nicholas & Wolf, David, 2022. "Time is money: Water quality's impact on home liquidity and property values," Ecological Economics, Elsevier, vol. 199(C).

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    More about this item

    JEL classification:

    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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