Spatial Dimensions of Economic Valuation: A Comparison of Hedonic Models

Using the recently developed HAC estimator, this dissertation provides a better sense of the precision of the estimates of the MWTP form alternative models. Aggregate benefits for the SCAB region from a 0.1 ppb reduction in OZ levels add up to about 8 billion dollars if multiplier effects are taken into account in a nonlinear model. Even if only direct effects are considered, aggregate benefits sum up to 5 billion dollars.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Agricultural and Consumer Economics

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2015

Author dc:creator

• Lozano, Nancy

Contributors dc:contributor

• Luc E. Anselin

• Economics, Agricultural

Language dc:language

eng

Identifier

(MiAaPQ)AAI3314842

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/82999