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Measuring the General Equilibrium Benefits of Air Quality Regulation in Small Urban Areas

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  • Constant I. Tra

Abstract

We propose a horizontal sorting model for evaluating the benefits of air quality regulation in small urban areas. Previous horizontal sorting models of air quality valuation, because they rely on Census public-use microdata, where the geographic unit of a house is defined by an area of 100,000 people, can be applied only to large urban centers such as Los Angeles. This study combines housing transactions data with household characteristics in order to estimate the benefits of meeting the daily national ambient air quality standard for ozone to Las Vegas area homeowners.

Suggested Citation

  • Constant I. Tra, 2013. "Measuring the General Equilibrium Benefits of Air Quality Regulation in Small Urban Areas," Land Economics, University of Wisconsin Press, vol. 89(2), pages 291-307.
  • Handle: RePEc:uwp:landec:v:89:y:2013:ii:1:p:291-307
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    Cited by:

    1. Zhang, Zhaohua & Hite, Diane, 2016. "Residential Location Impacts of Environmental Disamenity: The Case of Gravel Pit Operation and Landfills," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 229739, Southern Agricultural Economics Association.
    2. Jie-Sheng Tan Soo, 2018. "Valuing Air Quality in Indonesia Using Households’ Locational Choices," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 71(3), pages 755-776, November.

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    More about this item

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand

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