Economics
Spatially delineated public goods and spatially located public bads: A hedonic approach to measuring urban revitalization
Document Type
Conference Paper
Abstract
A regression discontinuity approach is used to measure the impact of public-goods creating programs in a declining inner city neighborhood of Worcester Massachusetts. Using GIS data, we develop a hedonic model of residential sales, using a parcel-level GIS tax assessment and land use database linked to property sales data for the years 1988 through 2007, to test the effect of the creation of a new high-performing public school, as well as other iocational amenities and disamenities on neighborhood housing prices, by comparing properties adjacent to either side of the school catchment area boundary. © 2011 Northeastern Agricultural and Resource Economics Association.
Publication Title
Agricultural and Resource Economics Review
Publication Date
2011
Volume
40
Issue
3
First Page
360
Last Page
374
ISSN
1068-2805
DOI
10.1017/S1068280500002835
Keywords
regression discontinuity, spatial hedonic model, urban revitalization
Repository Citation
Brown, John and Geoghegan, Jacqueline, "Spatially delineated public goods and spatially located public bads: A hedonic approach to measuring urban revitalization" (2011). Economics. 75.
https://commons.clarku.edu/faculty_economics/75