Spatially Delineated Public Goods and Spatially Located Public Bads: A Hedonic Approach to Measuring Urban Revitalization

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 locational amenities and disamenities on neighborhood housing prices, by comparing properties adjacent to either side of the school catchment area boundary.


Issue Date:
2011-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/120683
Published in:
Agricultural and Resource Economics Review, Volume 40, Number 3
Page range:
360-374
Total Pages:
15




 Record created 2017-04-01, last modified 2017-08-22

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