search query: @indexterm economic theory / total: 1079
reference: 4 / 1079
| Author: | Rehdanz, K. Maddison, D. |
| Title: | The amenity value of climate to households in Germany |
| Journal: | Oxford Economic Papers
2009 : JAN, VOL. 61:1, p. 150-167 |
| Index terms: | Germany economic theory climate change |
| Freeterms: | households impact analysis |
| Language: | eng |
| Abstract: | Using the hedonic technique to measure the amenity value (henceforth as: a-val./a-vals.) of the climate to German (here as: G.) households (as: h-hlds.), this study's evidence suggests that the a-val. of climate variables is capitalized mainly into hedonic house price differentials. Overall, G. h-hlds. seem to prefer warmer winters with less rainfall. Combining estimates of a-vals. with the predicted changes in climate associated with the IPCC's A2 emissions scenario, it is found that the overall impact of climate change on G. h-hlds., whilst negative, is typically not statistically different from zero etc. |
SCIMA