研究者情報 | 神奈川大学

ナカニシ　ハヤト Nakanishi Hayato 中西　勇人所属神奈川大学経済学部経済学科/現代ビジネス学科職種助教
言語種別	英語
発行・発表の年月	2016/11
形態種別	学術雑誌
査読	査読あり
標題	Economic valuation of environmental quality using property auction data: A structural estimation approach.
執筆形態	共著
掲載誌名	Land Economics
掲載区分	国外
出版社・発行元	University of Wisconsin Press
巻・号・頁	92(4),pp.703-717
著者・共著者	Tadao Hoshino and Hayato Nakanishi
概要	This study proposes a method to economically evaluate environmental quality using property auction data. Our approach is consistent with microeconomic auction theory and can directly estimate the value function from the data, a task that is often difficult when using conventional revealed preference methods such as the hedonic approach. We use a method of simulated moments to estimate the value function, which in turn is used to calculate the economic value of environmental quality changes. We apply this method to data on foreclosure property auctions in Tokyo in order to economically evaluate hypothetical improvements in neighborhood fire risks.
DOI	https://doi.org/10.3368/le.92.4.703