Matches in SemOpenAlex for { <https://semopenalex.org/work/W2891638590> ?p ?o ?g. }
Showing items 1 to 81 of
81
with 100 items per page.
- W2891638590 abstract "The hedonic pricing method is one of the fundamental approaches used to estimate the economic value of attributes that affect the market price of an asset. In environmental economics, such methods are routinely used to derive the economic valuation of environmental attributes such as air pollution and water quality. For example, the Ricardian approach is based on a hedonic regression of land values on historical climate variables. Forecasts of future climate can then be employed to estimate the future costs of climate change. This extensively-applied approach contains an important implicit assumption that current land markets ignore current climate forecasts. While this assumption was defensible decades ago (when this literature first emerged), it is reasonable to hypothesize that information on climate change is so pervasive today that markets may already price in expectations of future climate change. We show how to account for this with a straightforward empirical correction (called the Forward-Looking Ricardian Approach) that can be implemented with readily available data. We apply this empirically to agricultural land markets in the United States and find evidence that these markets already are accounting for climate change forecasts. Failing to account for this would lead a researcher to understate climate change damages by 36% to 66%." @default.
- W2891638590 created "2018-09-27" @default.
- W2891638590 creator A5029228912 @default.
- W2891638590 creator A5042049771 @default.
- W2891638590 creator A5080582136 @default.
- W2891638590 date "2016-07-01" @default.
- W2891638590 modified "2023-09-27" @default.
- W2891638590 title "A Forward Looking Ricardian Approach: Do Land Markets Capitalize Climate Change Forecasts?" @default.
- W2891638590 hasPublicationYear "2016" @default.
- W2891638590 type Work @default.
- W2891638590 sameAs 2891638590 @default.
- W2891638590 citedByCount "0" @default.
- W2891638590 crossrefType "posted-content" @default.
- W2891638590 hasAuthorship W2891638590A5029228912 @default.
- W2891638590 hasAuthorship W2891638590A5042049771 @default.
- W2891638590 hasAuthorship W2891638590A5080582136 @default.
- W2891638590 hasConcept C10138342 @default.
- W2891638590 hasConcept C106159729 @default.
- W2891638590 hasConcept C111472728 @default.
- W2891638590 hasConcept C132651083 @default.
- W2891638590 hasConcept C138885662 @default.
- W2891638590 hasConcept C149782125 @default.
- W2891638590 hasConcept C162324750 @default.
- W2891638590 hasConcept C166052673 @default.
- W2891638590 hasConcept C175605778 @default.
- W2891638590 hasConcept C17744445 @default.
- W2891638590 hasConcept C186027771 @default.
- W2891638590 hasConcept C18903297 @default.
- W2891638590 hasConcept C199539241 @default.
- W2891638590 hasConcept C2777381055 @default.
- W2891638590 hasConcept C2778479189 @default.
- W2891638590 hasConcept C38652104 @default.
- W2891638590 hasConcept C41008148 @default.
- W2891638590 hasConcept C76178495 @default.
- W2891638590 hasConcept C86803240 @default.
- W2891638590 hasConceptScore W2891638590C10138342 @default.
- W2891638590 hasConceptScore W2891638590C106159729 @default.
- W2891638590 hasConceptScore W2891638590C111472728 @default.
- W2891638590 hasConceptScore W2891638590C132651083 @default.
- W2891638590 hasConceptScore W2891638590C138885662 @default.
- W2891638590 hasConceptScore W2891638590C149782125 @default.
- W2891638590 hasConceptScore W2891638590C162324750 @default.
- W2891638590 hasConceptScore W2891638590C166052673 @default.
- W2891638590 hasConceptScore W2891638590C175605778 @default.
- W2891638590 hasConceptScore W2891638590C17744445 @default.
- W2891638590 hasConceptScore W2891638590C186027771 @default.
- W2891638590 hasConceptScore W2891638590C18903297 @default.
- W2891638590 hasConceptScore W2891638590C199539241 @default.
- W2891638590 hasConceptScore W2891638590C2777381055 @default.
- W2891638590 hasConceptScore W2891638590C2778479189 @default.
- W2891638590 hasConceptScore W2891638590C38652104 @default.
- W2891638590 hasConceptScore W2891638590C41008148 @default.
- W2891638590 hasConceptScore W2891638590C76178495 @default.
- W2891638590 hasConceptScore W2891638590C86803240 @default.
- W2891638590 hasLocation W28916385901 @default.
- W2891638590 hasOpenAccess W2891638590 @default.
- W2891638590 hasPrimaryLocation W28916385901 @default.
- W2891638590 hasRelatedWork W1505885036 @default.
- W2891638590 hasRelatedWork W1535816004 @default.
- W2891638590 hasRelatedWork W1971015359 @default.
- W2891638590 hasRelatedWork W2051385818 @default.
- W2891638590 hasRelatedWork W2085547158 @default.
- W2891638590 hasRelatedWork W2089974172 @default.
- W2891638590 hasRelatedWork W2120358162 @default.
- W2891638590 hasRelatedWork W2132573884 @default.
- W2891638590 hasRelatedWork W2170968384 @default.
- W2891638590 hasRelatedWork W2395566826 @default.
- W2891638590 hasRelatedWork W2602432960 @default.
- W2891638590 hasRelatedWork W2746973708 @default.
- W2891638590 hasRelatedWork W2978070827 @default.
- W2891638590 hasRelatedWork W3122048640 @default.
- W2891638590 hasRelatedWork W3122295455 @default.
- W2891638590 hasRelatedWork W3123655408 @default.
- W2891638590 hasRelatedWork W3123806718 @default.
- W2891638590 hasRelatedWork W3126004953 @default.
- W2891638590 hasRelatedWork W3134604180 @default.
- W2891638590 hasRelatedWork W821832111 @default.
- W2891638590 isParatext "false" @default.
- W2891638590 isRetracted "false" @default.
- W2891638590 magId "2891638590" @default.
- W2891638590 workType "article" @default.