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You searched for id:"oai:uknowledge.uky.edu:agecon_etds-1068". One record found.

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University of Kentucky

1. Bedell, Willie B. CAPITALIZATION OF GREEN SPACE AND WATER QUALITY INTO RESIDENTIAL HOUSING VALUES.

Degree: 2018, University of Kentucky

This thesis investigates how proximity to parks, historic district designations, and water quality are valued at residential housing prices. The first essay argues that the negative influences of parks and historic districts, if not noticed, could promote negative externalities and unincentivized investments. I find a negative impact on housing values for a close proximity to a park, suggesting disamenities in park features. When the boundary discontinuity and park amenities are considered, I find a positive valuation for a park. Overall, these results imply a mixed influence of parks on homeowners. From the historic district standpoint, I find a positive valuation of the local historic districts over the surrounding neighborhoods. The latter findings indicate that the benefits of locally designated areas outweigh the negative impacts. The second essay researches a probable lead risk in the water supply on the residential market. I argue strongly for the possibility of hidden-type information relative to lead in water supplies. I find that the influence of lead risk in their water supply is not statistically significant. The test for asymmetric information validates the expectation that homes in the relatively high lead-risk neighborhoods might not be informed of the level of lead-risk in their water supply.

Subjects/Keywords: Parks; Historic Districts; Hedonic Price; Water Quality; Lead Risk; Information Asymmetries; Agricultural and Resource Economics; Environmental Studies; Health Economics

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6th Edition):

Bedell, W. B. (2018). CAPITALIZATION OF GREEN SPACE AND WATER QUALITY INTO RESIDENTIAL HOUSING VALUES. (Masters Thesis). University of Kentucky. Retrieved from https://uknowledge.uky.edu/agecon_etds/63

Chicago Manual of Style (16th Edition):

Bedell, Willie B. “CAPITALIZATION OF GREEN SPACE AND WATER QUALITY INTO RESIDENTIAL HOUSING VALUES.” 2018. Masters Thesis, University of Kentucky. Accessed February 18, 2018. https://uknowledge.uky.edu/agecon_etds/63.

MLA Handbook (7th Edition):

Bedell, Willie B. “CAPITALIZATION OF GREEN SPACE AND WATER QUALITY INTO RESIDENTIAL HOUSING VALUES.” 2018. Web. 18 Feb 2018.

Vancouver:

Bedell WB. CAPITALIZATION OF GREEN SPACE AND WATER QUALITY INTO RESIDENTIAL HOUSING VALUES. [Internet] [Masters thesis]. University of Kentucky; 2018. [cited 2018 Feb 18]. Available from: https://uknowledge.uky.edu/agecon_etds/63.

Council of Science Editors:

Bedell WB. CAPITALIZATION OF GREEN SPACE AND WATER QUALITY INTO RESIDENTIAL HOUSING VALUES. [Masters Thesis]. University of Kentucky; 2018. Available from: https://uknowledge.uky.edu/agecon_etds/63

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