HEDONIC PRICES, IDENTIFICATION, AND THE DEMAND FOR PUBLIC SAFETY

被引：25
|
作者：
CLARK, DE
COSGROVE, JC
机构：
来源：
JOURNAL OF REGIONAL SCIENCE | 1990年 / 30卷 / 01期
关键词：
D O I：
10.1111/j.1467-9787.1990.tb00083.x
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In this paper, we use a two‐stage intercity hedonic model to estimate household demand for public safety. This approach is shown to readily address the identification problem inherent in the hedonic model. Data from the 1980 Public Use Microdata Sample are used to estimate a willingness‐to‐pay function for the public‐safety good. Income is found to be the primary determinant of willingness to pay. Indeed, the influence of income outweighs the combined impact of family life‐cycle considerations. Copyright © 1990, Wiley Blackwell. All rights reserved
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页码：105 / 121
页数：17
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