IDEAS home Printed from https://ideas.repec.org/p/nbr/nberwo/35294.html

Measuring Housing Quality Using Revealed Preference: A Geographic PageRank Approach

Author

Listed:
  • Alex Bell
  • Sophie Calder-Wang
  • Shusheng Zhong

Abstract

This paper introduces Geographic PageRank (GPR), an innovative measure of place quality that is based on migration decisions, employing a recursive algorithm that leverages the full network of migration flows. Using various public data sources, we construct GPR rankings for U.S. counties and metropolitan areas. We also extend the rankings to capture changes over time and differences for population subgroups, providing a versatile data product. As an application, we show that GPR can serve as an "anti-instrument'' for unobserved housing quality when pricing environmental amenities, recovering a correctly signed implicit price of air pollution that is in line with quasi-experimental benchmarks.

Suggested Citation

  • Alex Bell & Sophie Calder-Wang & Shusheng Zhong, 2026. "Measuring Housing Quality Using Revealed Preference: A Geographic PageRank Approach," NBER Working Papers 35294, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberwo:35294
    Note: EEE PE
    as

    Download full text from publisher

    File URL: http://www.nber.org/papers/w35294.pdf
    Download Restriction: Access to the full text is generally limited to series subscribers, however if the top level domain of the client browser is in a developing country or transition economy free access is provided. More information about subscriptions and free access is available at http://www.nber.org/wwphelp.html. Free access is also available to older working papers.
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or

    for a different version of it.

    Other versions of this item:

    More about this item

    JEL classification:

    • C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
    • C39 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Other
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • R32 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Other Spatial Production and Pricing Analysis

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:35294. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.