Air Pollution and Housing Values in Korea: A Hedonic Analysis with Long-range Transboundary Pollution as an Instrument

Nam, KM; Ou, YF; Kim, E; Zheng, SQ

Nam, KM (通讯作者),Univ Hong Kong, Dept Urban Planning & Design, Pokfulam, Hong Kong, Peoples R China.

ENVIRONMENTAL & RESOURCE ECONOMICS, 2022; 82 (2): 383

Abstract

We estimate the degree and scope of PM2.5-induced negative price shock in Korea's local housing markets, taking a two-stage hedonic approach. For the ......

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