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Environmental Regulation as a Double-Edged Sword for Housing Markets

Author : Sumit Agarwal
Publisher :
Page : 0 pages
File Size : 26,7 MB
Release : 2018
Category :
ISBN :

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We investigate the effects of environmental regulations on housing markets using a quasi-experiment--the NOx Budget Trading Program (NBP). Hedonic theory predicts that house prices should rise as pollution levels decrease. However, environmental regulations may also affect labor markets, and thus housing demand. Employing a difference-in-differences framework, we find that house prices shifted up in the regulated areas with low manufacturing intensity, whereas in the areas with high manufacturing intensity, housing markets were weakened. We also find that in high-manufacturing-intensity areas, loan application volume declined, rejection rate augmented, and the probability of loan default increased.

Environmental Regulation

Author : United States. Congress. House. Committee on Science. Subcommittee on Technology
Publisher :
Page : 156 pages
File Size : 45,82 MB
Release : 1996
Category : Law
ISBN :

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Environment, Incentives and the Common Market

Author : F.J. Dietz
Publisher : Springer Science & Business Media
Page : 192 pages
File Size : 45,97 MB
Release : 2012-12-06
Category : Business & Economics
ISBN : 9401101132

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Although economists have long advocated the use of economic instruments in the implementation of environmental policy, they have only recently gained acceptance. There is a growing consensus within the European Union that both Member States and the environment would benefit from the use of such incentive-based economic instruments. Environment, Incentives and the Common Market has been written by members of the Study Group on the Environment and Economics of the National Environmental Forum, which includes economists and social scientists from all the major Dutch universities and research institutes. The book covers a wide range of topics on the use of taxation and tradeable permits in a variety of abatement policies. It concludes with comments on political feasibility.

Environmental Regulation

Author : DIANE Publishing Company
Publisher : DIANE Publishing
Page : 153 pages
File Size : 36,31 MB
Release : 1998-05
Category :
ISBN : 0788149768

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Discusses the impact of environmental policy & regulation on the development & use of environmental technology, & ways to best employ & promote environmental technologies using the government to act in partnership. Presents testimony from David M. Gardiner, Asst. Administrator for Policy, Planning, & Evaluation, EPA; Walter W. Kovalick, Director, Technology Innovation Office, Office of Solid Waste & Emergency Response, EPA; John Uhr, Sales & Marketing Manager, CETAC Technologies, Inc.; Jan Geiselman Power, President, Power & Assoc. Corp; & Peter A. Carroll. V.P. for Government Affairs, Solar Turbines, Inc.

The Encyclopedia of Housing, Second Edition

Author : Andrew T. Carswell
Publisher : SAGE Publications
Page : 929 pages
File Size : 42,96 MB
Release : 2012-05-31
Category : Political Science
ISBN : 1412989582

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Since publication of the groundbreaking Encyclopedia of Housing in 1998, many issues have assumed special prominence within this field and, indeed, within the global economy. For instance, the global economic meltdown was spurred in large part by the worst subprime mortgage crisis we’ve seen in our history. On a more positive note, the sustainability movement and “green” development has picked up considerable steam and, given the priorities and initiatives of the current U.S. administration, this will only grow in importance, and increased attention has been given in recent years to the topic of indoor air quality. Within the past decade, as well, the Baby Boom Generation began its march into retirement and senior citizenship, which will have increasingly broad implications for retirement communities and housing, assisted living facilities, aging in place, livable communities, universal design, and the like. Finally, within the last twelve years an emerging generation of young scholars has been making significant contributions to the field. For all these reasons and more, we are pleased to present a significantly updated and expanded Second Edition of The Encyclopedia of Housing.

Green Markets

Author : Peter N. Grabosky
Publisher :
Page : 33 pages
File Size : 42,87 MB
Release : 1999
Category :
ISBN :

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Pollution and Property

Author : Daniel H. Cole
Publisher : Cambridge University Press
Page : 234 pages
File Size : 10,78 MB
Release : 2002-07-18
Category : Law
ISBN : 9780521001090

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Environmental protection and resource conservation depend on the imposition of property rights (broadly defined) because in the absence of some property system - private, common, or public - resource degradation and depletion are inevitable. But there is no universal, first-best property regime for environmental protection in this second-best world. Using case studies and examples taken from countries around the world, this 2002 book demonstrates that the choice of ownership institution is contingent upon institutional, technological, and ecological circumstances that determine the differential costs of instituting, implementing, and maintaining alternative regimes. Consequently, environmental protection is likely to be more effective and more efficient in a society that relies on multiple (and often mixed) property regimes. The book concludes with an assessment of the important contemporary issue of 'takings', which arise when different property regimes collide.

Property Law and Economics

Author : Boudewijn Bouckaert
Publisher : Edward Elgar Publishing
Page : 351 pages
File Size : 38,11 MB
Release : 2010-01-01
Category : Law
ISBN : 1849806519

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This book contains illuminating and carefully written literature reviews on the central topics of the economics of property rights and institutions. As a bonus, it includes two fascinating chapters on topics off the beaten path slavery and new types of property rights in environmental goods. This book will be indispensible for students and experienced scholars alike. Eric Posner, University of Chicago Law School, US This study covers property law and property rights, providing a full summary and comprehensive bibliography of the existing law, together with discussion from an economic perspective on the most important aspects of property law. Leading experts have brought together their knowledge and insight on a full range of issues including comparative property law and the history of property law to create a truly autonomous interdisciplinary resource. This essential reference work will strongly appeal to scholars and students enrolled in academic programmes of law and economics. Academic lawyers involved in research and teaching of private (common) law, practicing lawyers in the field of real estate law, as well as economists involved in researching development economics and transition economics will also find this an invaluable resource.

The Emission Reduction Effects of Spatial Agglomeration

Author : Zhang Ke
Publisher : Taylor & Francis
Page : 227 pages
File Size : 42,12 MB
Release : 2022-09-30
Category : Business & Economics
ISBN : 1000655067

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The book studies the relationship between economic agglomeration and environmental pollution from a spatial perspective through theoretical analyses and empirical discussions. At both microscopic and macroscopic levels, the author first explores the impact mechanism of the agglomeration of economic activities on environmental pollution and proposes research frameworks based on spatial economic theory and output density theory. Drawing on descriptive statistics and explorative spatial data from 283 cities in China, the book investigates the current development, spatial characteristics, influence path, and environmental efficiency of urban economic agglomeration and pollution in the People’s Republic. The following empirical sections study spatial spillover effects, simultaneous bias and spatial interaction between agglomeration and pollution. The research findings give insight into interregional economic development, joint pollution control across regions, and the coordination of the two, especially in the context of developing countries. The title will appeal to researchers, students, government officials and policymakers interested in development economics, regional economics, urban economics, and environmental economics.