临界生境对已开发和未开发地块价值的影响评估

IF 1.3 4区 经济学 Q3 ECONOMICS
Saleh Mamun, Erik Nelson, C. Nolte
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引用次数: 1

摘要

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。
Estimating the Impact of Critical-Habitat Designation on the Values of Developed and Undeveloped Parcels
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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来源期刊
Land Economics
Land Economics Multiple-
CiteScore
2.60
自引率
0.00%
发文量
22
期刊介绍: Land Economics is dedicated to the study of land use, natural resources, public utilities, housing, and urban land issues. Established in 1925 by the renowned economist and founder of the American Economic Association, Richard T. Ely at the University of Wisconsin, Land Economics has consistently published innovative, conceptual, and empirical research of direct relevance to economists. Each issue brings the latest results in international applied research on such topics as transportation, energy, urban and rural land use, housing, environmental quality, public utilities, and natural resources.
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