Value of cleaner neighborhoods
Application of hedonic price model in low income context
Bibliographic Data
| ID | 11915180 |
|---|---|
| Authors | Mani Nepal (0000-0001-9734-1853, International Centre for Integrated Mountain Development, corresponding author), Rajesh Kumar Rai (0000-0002-2275-815X), Madan S Khadayat, E Somanathan (0000-0003-3746-5779, Indian Statistical Institute) |
| Year | 2020 |
| Volume | 131 |
| Pages | 104965-104965 |
| Publication date | 2020-04-06 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | World Development (JOURNAL) |
| Journal identifiers | ISSN: 0305-750X • E-ISSN: 1873-5991 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/j.worlddev.2020.104965 |
| OpenAlex | W3015301820 |
| Language | EN |
| Citations received | 7 |
| References cited | 55 |
Municipal solid waste management is a challenging issue in developing countries. An unclean neighborhood could have a significant negative impact on housing property values too as it may lead to numerous diseases in addition to diminished aesthetic value. This study examines the effects of municipal solid waste collection services at the neighborhood level on housing property values using the hedonic price model. We use a sub-sample of nationally representative household survey data from urban areas as well as primary data collected from one of the metropolitan cities in Nepal. Our results suggest that city residents place a high price premium (between 25% and 57%) on cleaner neighborhoods and less (−11%) on open drains. These numbers indicate that better waste management will bring high returns to home owners, and also the municipality in cities where the tax base includes the assessed value of property
Agricultural economics · Business · Context (archaeology · Econometrics · Economics · Geography · Hedonic Pricing · Household waste · Metropolitan area · Municipal solid waste · Property tax · Property value · Sample (material · Survey data collection · Value (mathematics · Waste management · Economic and Environmental Valuation · Engineering · Housing Market and Economics · Urban and Rural Development Challenges · Finance
‘Untouchable’ Housing? Caste and House Prices in Rural Nepal
Examining the Effect of Squatter Settlements in the Evolution of Spatial Fragmentation in the Housing Market of the City of Buenos Aires by Using Geographical Weighted Regression
Dynamism of the housing rental market in Guayaquil, Ecuador
Epidemic shocks and housing price responses
Alleviating Multidimensional Energy Poverty and Energy Unaffordability in Rural Areas
Is the Provision of Water, Sanitation and Hygiene as Part of Adequate Housing Affordable? An Analysis of Indian Housing Markets
Does transportation network centrality determine housing price
The Measurement of Environmental and Resource Values
Municipal solid waste management challenges in developing countries – Kenyan case study
Does matching overcome LaLonde's critique of nonexperimental estimators?
Evidence of the Effects of Water Quality on Residential Land Prices
Propensity score methods for bias reduction in the comparison of a treatment to a non-randomized control group
Which hedonic models can we trust to recover the marginal willingness to pay for environmental amenities?
The central role of the propensity score in observational studies for causal effects
Economic Growth and Income Inequality
Paving Streets for the Poor
Propensity Score-Matching Methods for Nonexperimental Causal Studies
On the Choice of Funtional Form for Hedonic Price Functions
Flooding risk and housing values
Negative externalities on property values resulting from water impairment
Demand for urban tree cover
Spatial effects of urban public policies on housing values
Combined impacts of highways and light rail transit on residential property values
Measuring housing affordability in São Paulo metropolitan region
Assessment of residential satisfaction in newly designed public low-cost housing in Kuala Lumpur, Malaysia
Simultaneity in the market for housing characteristics
The impact of toxic waste sites on housing values
Hedonic Prices and Implicit Markets
Can Markets Value Air Quality? A Meta-Analysis of Hedonic Property Value Models
Using Happiness Surveys to Value Intangibles
| Citations per year | 1.4 |
|---|---|
| Citation span | 2021 - 2026 (6) |
| Highly cited | No |