居民为避免犯罪而付费的意愿

IF 1.4 3区经济学 Q3 ECONOMICS

Journal of Housing Economics Pub Date : 2024-09-25 DOI:10.1016/j.jhe.2024.102024

Alexander Dentler , Enzo Rossi

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引用次数: 0

摘要

居民愿意支付多少钱来避免附近发生犯罪？犯罪发生后的房价变化并不能完全反映人们为避免犯罪而支付的意愿。在这种情况下，除了价格，还需要考虑市场的流动性。我们发现了枪击、袭击、抢劫和入室盗窃后的市场冻结现象。我们提出了一个有经验证据支持的模型，该模型将价格和数量维度合并为一个单一的衡量标准：经济福利。支付意愿取决于犯罪类型，平均占房屋估值的 7% 到 18%。这些预测值是本文估算的价格影响（0%-10%）和文献记载的价格影响的数倍。总之，我们的研究结果强调了在研究犯罪对房地产市场的影响时考虑市场流动性的重要性。

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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Residents’ willingness to pay to avoid crime

How much is a resident willing to pay to avoid a crime in the neighborhood? House price changes following a crime do not fully reflect the willingness to pay to avoid crime. Besides prices the market’s liquidity needs to be taken into account in this context. We detect market freezes following shootings, assaults, robberies, and burglaries. We propose a model, supported by empirical evidence, that combines the price and quantity dimensions into a single measure: economic welfare. The willingness to pay depends on the type of crime and averages between 7% and 18% of house valuations. These predictions are manifolds of the effect on prices estimated in this paper (0%–10%) and documented in the literature. Overall, our findings highlight the importance of considering market liquidity when examining the impact of crime on the real estate market.

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来源期刊

Journal of Housing Economics Multiple-

CiteScore

3.30

自引率

4.20%

发文量

期刊介绍： The Journal of Housing Economics provides a focal point for the publication of economic research related to housing and encourages papers that bring to bear careful analytical technique on important housing-related questions. The journal covers the broad spectrum of topics and approaches that constitute housing economics, including analysis of important public policy issues.