GEO 106 Lecture Notes - Lecture 16: United States Census Bureau, Likelihood Function, Urban Sprawl
Document Summary
The impact of brownfields on residential property values in cincinnati, ohio: a spatial. School of planning, university of cincinnati usa. This paper empirically assesses the impact brownfield sites have on market values of single-family residential properties. Ordinary least squares, spatial autoregressive, and spatial error model, this study shows that properties located less than 1,000 feet from a brownfield site experience a significant depreciation in property values. As expected, spatial dependence among real estate property values is present meaning that the two spatial hedonic model specifications are superior to the. 1 article published as the impact of brownfields on residential property values in cincinnati, ohio: a spatial. Hedonic approach in the journal of regional analysis and policy 42(3):223-236, 2012 mid-continent. Contaminated properties yield little revenue for the local governments. They are unsafe for ecosystems and human health, and impair the neighborhoods that contain them, both socially and aesthetically.