This paper combines survey data on homeowners’ stated perceptions with market transactions data to investigate how perceptions guide actual market behavior. The study shows that when a public amenity associated with housing is valued for its overall effect, this value captures a substantial amount of homeowners’ perceived values of its components. Even if the objective levels of the components ...

OBJECTIVE: A widely noted concern with amenity-driven rural population growth is its potential to yield only low-wage service-sector employment for long-term residents, while raising local costs of living. This research examines change in socioeconomic status during the 1990s for long-term residents of high-amenity, high-growth rural counties in the United States. METHODS: Using longitudinal da...

Based on a numerical model where climate change affects productivity, the second-best optimal carbon tax is found to exceed marginal social damage by 53 percent, and " marginal private damage " (aggregate households' marginal willingness to pay) by 73 percent. Annual welfare gains from carbon taxation are estimated at $3.58 billion when marginal damage is $40 per ton; employment also increases....

General equilibrium models in which compensation for local amenities occurs in both housing and labour markets have been widely used to generate implicit amenity prices and regional quality of life indices. An implication and prospective test of such models is that individuals who are outside the labour market have an incentive to locate in regions where amenities are capitalised into wages. In...

Diversity of neighborhood amenities may promote the mobility of older adults. A 2010 community-based sample of 510 adults aged ≥65 years in Philadelphia, Pennsylvania, and geospatial data from the Esri Business Analyst database (Esri, Inc., Redlands, California) were used to assess associations of neighborhood amenity diversity with mobility. Neighborhoods were defined by census tract, and dive...

The life satisfaction approach has recently emerged as a new technique in the suite of options available to non-market valuation practitioners. Employing data from the Household, Income and Labour Dynamics in Australia (HILDA) survey and Geographic Information Systems (GIS), this paper examines the influence of scenic amenity on the life satisfaction of residents of South East Queensland (SEQ),...

January 1991 The basic purpose is to explain why some workers have two jobs. The hypothesis is that workers in jobs associated with an amenity are more prone to accept double work. If earnings fall for such jobs, it is rationai to have two jobs while for jobs with no amenity a fall in earnings causes a rationai worker to leave the sector altogether. An amenity can be expected for instance for w...