Estimating the Impact of Critical-Habitat Designation on the Values of Developed and Undeveloped Parcels

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2023-08-18 DOI:10.3368/le.100.1.101922-0081r

Saleh Mamun, Erik Nelson, C. Nolte

引用次数: 1

Abstract

We used the quasi-experimental difference-in-differences method to estimate the impact that the Endangered Species Act’s (ESA’s) critical-habitat (CH) regulation had on developed and undeveloped parcel prices throughout the United States between 2000 and 2019. At the national level we find that, on average, the prices of parcels in CH areas were not statistically different from the prices of similar nearby parcels not in CH. However, limiting our analysis to specific subsets of CH areas, we find mixed results. Previous empirical estimates have consistently found that the regulation reduces parcel prices. We offer several potential explanations for our contradictory results. (JEL Q24, Q57)

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临界生境对已开发和未开发地块价值的影响评估

我们使用准实验差异法来估计2000年至2019年间《濒危物种法》（ESA）的关键栖息地（CH）法规对美国各地已开发和未开发地块价格的影响。在国家层面上，我们发现，平均而言，CH地区的地块价格与不在CH的附近类似地块的价格在统计上没有差异。然而，将我们的分析局限于CH地区的特定子集，我们发现结果喜忧参半。此前的实证估计一直发现，该规定降低了包裹价格。我们为我们矛盾的结果提供了几种可能的解释。（JEL Q24，Q57）

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.