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The Capitalized Value of Rainwater Tanks in the Property Market of Perth, Australia

Author

Listed:
  • Zhang, Fan
  • Polyakov, Maksym
  • Fogarty, James
  • Pannell, David

Abstract

This work has been published in the Journal of Hydrology. A pre-print version is available at http://dx.doi.org/10.1016/j.jhydrol.2014.12.048 Please cite the article version of this work as: Zhang, F., Polyakov, M., Fogarty, J. and Pannell, D.J. (2015) The capitalized value of rainwater tanks in the property market of Perth, Australia. Journal of Hydrology, 522:317-325.

Suggested Citation

  • Zhang, Fan & Polyakov, Maksym & Fogarty, James & Pannell, David, 2016. "The Capitalized Value of Rainwater Tanks in the Property Market of Perth, Australia," Working Papers 246968, University of Western Australia, School of Agricultural and Resource Economics.
  • Handle: RePEc:ags:uwauwp:246968
    as

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    File URL: http://purl.umn.edu/246968
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    References listed on IDEAS

    as
    1. Klepper, Steven & Leamer, Edward E, 1984. "Consistent Sets of Estimates for Regressions with Errors in All Variables," Econometrica, Econometric Society, vol. 52(1), pages 163-183, January.
    2. R. Quentin Grafton & Michael B. Ward, 2008. "Prices versus Rationing: Marshallian Surplus and Mandatory Water Restrictions," The Economic Record, The Economic Society of Australia, vol. 84(s1), pages 57-65, September.
    3. Jerry Hausman, 2001. "Mismeasured Variables in Econometric Analysis: Problems from the Right and Problems from the Left," Journal of Economic Perspectives, American Economic Association, vol. 15(4), pages 57-67, Fall.
    4. Polyakov, Maksym & Pannell, David J. & Pandit, Ram & Tapsuwan, Sorada & Park, Geoff, 2013. "Valuing Environmental Assets on Rural Lifestyle Properties," Agricultural and Resource Economics Review, Cambridge University Press, vol. 42(01), pages 159-175, April.
    5. Deng, Ping & Hu, Yingyao, 2009. "Bounding the effect of a dichotomous regressor with arbitrary measurement errors," Economics Letters, Elsevier, vol. 105(3), pages 256-260, December.
    6. Bollinger, Christopher R., 1996. "Bounding mean regressions when a binary regressor is mismeasured," Journal of Econometrics, Elsevier, vol. 73(2), pages 387-399, August.
    7. Elena G. Irwin, 2002. "The Effects of Open Space on Residential Property Values," Land Economics, University of Wisconsin Press, vol. 78(4), pages 465-480.
    8. Christopher R. Bollinger, 2003. "Measurement Error in Human Capital and the Black-White Wage Gap," The Review of Economics and Statistics, MIT Press, vol. 85(3), pages 578-585, August.
    9. Klepper, Steven, 1988. "Bounding the effects of measurement error in regressions involving dichotomous variables," Journal of Econometrics, Elsevier, vol. 37(3), pages 343-359, March.
    10. Sorada Tapsuwan & Michael Burton & Aditi Mankad & David Tucker & Murni Greenhill, 2014. "Adapting to Less Water: Household Willingness to Pay for Decentralised Water Systems in Urban Australia," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 28(4), pages 1111-1125, March.
    11. Geoghegan, Jacqueline & Wainger, Lisa A. & Bockstael, Nancy E., 1997. "Spatial landscape indices in a hedonic framework: an ecological economics analysis using GIS," Ecological Economics, Elsevier, vol. 23(3), pages 251-264, December.
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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. 305 – Feeling virtuous: what’s it worth?
      by David Pannell in Pannell Discussions on 2017-07-10 20:00:54

    More about this item

    Keywords

    economic valuation; urban rainwater collection; spatial hedonic model; misclassification error; Environmental Economics and Policy; Q25; Q51; R30;

    JEL classification:

    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General

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