value of avoiding a LULU: hazardous waste disposal sites

This paper develops and estimates a demand model to describe a household's demand for distance from a landfill with hazardous wastes. This model provides one basis for gauging the intensity of a household's desire to avoid living near this type of facility. Using the conceptual framework o...

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Bibliographic Details
Published in:The review of economics and statistics 1986-05, Vol.68 (2), p.293-299
Main Authors: Smith, V.K, Desvousges, W.H
Format: Article
Language:English
Subjects:
Attitude surveys
boston, massachusetts
Consumer surplus
Cost estimates
demand
econometric models
Economic models
Economic theory
Hazardous materials
Hazardous waste
Hazardous waste disposal
hazards
Households
Housing
Housing demand
Land use
land use planning
Landfill
Landfills
locally undesirable land uses
Regulations
residential areas
risk
Site
site quality
Waste disposal
Waste disposal facilities
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Summary:This paper develops and estimates a demand model to describe a household's demand for distance from a landfill with hazardous wastes. This model provides one basis for gauging the intensity of a household's desire to avoid living near this type of facility. Using the conceptual framework of a hedonic property value model to provide the basis for demand for distance questions, a survey in suburban Boston elicited this information from 609 households. The demand estimates imply that the average household would realize a consumer surplus between 330 to 495 annually for each mile between its residence and a landfill containing hazardous waste.
ISSN:0034-6535
1530-9142
DOI:10.2307/1925509