The housing stock of Chicago is divided into several groups based on the race and income of the residents in the housing. It is shown that the relationship between air pollution intensity and property values varies greatly from group to group. The ramifications of these findings for the interpretation of similar studies by other researchers are discussed in light of this conclusion.
Get full access to this article
View all access options for this article.
References
1.
AndersonRCrockerT, 1971“Air pollution and residential property values”Urban Studies8171–180
2.
BaumolWOatesW, 1975The Theory of Environmental Policy (Prentice-Hall, Englewood Cliffs, NJ)
3.
BednarzR, 1975The Effect of Air Pollution on Property Value in Chicago RP-166, Department of Geography, University of Chicago, Chicago, Ill.
4.
FreemanMIII, 1974“On estimating air pollution control benefits from land value studies”Journal of Environmental Economics and Management174–83
5.
MooreE, 1972Residential Mobility in the City Resource Paper 13, Association of American Geographers, Washington, DC
6.
RidkerRHenningJ, 1967“The determinants of residential property value with special reference to air pollution”The Review of Economics and Statistics49246–257
