Valuing the Impact of Air Pollution in Urban Residence Using Hedonic Pricing and Geospatial Analysis, Evidence From Quito, Ecuador

Air pollution is one of the hazardous effects of urbanization. Hereby, one the most polluted cities in Ecuador is the Metropolitan District of Quito (DMQ). This study attempts to determine the marginal willingness to pay for a cleaner air in the DMQ using the impact of air pollutants on price proper...

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Autores principales: Sebastian Borja-Urbano, Fabián Rodríguez-Espinosa, Marco Luna-Ludeña, Theofilos Toulkeridis
Formato: article
Lenguaje:EN
Publicado: SAGE Publishing 2021
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Acceso en línea:https://doaj.org/article/71aa8a1e3cea4d7aa7520f449dc286d0
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spelling oai:doaj.org-article:71aa8a1e3cea4d7aa7520f449dc286d02021-11-23T22:33:19ZValuing the Impact of Air Pollution in Urban Residence Using Hedonic Pricing and Geospatial Analysis, Evidence From Quito, Ecuador1178-622110.1177/11786221211053277https://doaj.org/article/71aa8a1e3cea4d7aa7520f449dc286d02021-11-01T00:00:00Zhttps://doi.org/10.1177/11786221211053277https://doaj.org/toc/1178-6221Air pollution is one of the hazardous effects of urbanization. Hereby, one the most polluted cities in Ecuador is the Metropolitan District of Quito (DMQ). This study attempts to determine the marginal willingness to pay for a cleaner air in the DMQ using the impact of air pollutants on price properties. Spatial interpolation techniques visualized pollutant concentrations in the DMQ. Additionally, a hedonic price model estimated air pollution impact on properties. Results demonstrated hazard levels for at least three pollutants, being Particulate Matter PM 2.5 , Nitrogen Dioxide NO 2 , and Sulfur Dioxide SO 2 . Subsequently, the economic impact on the house market was statistically significant with a decrease in property value between 1.1% and 2.8%. These drop of value between 1,846.20 up to 4,984.74 US$ (United States Dollars) represents a substantial loss in property value for the DMQ and loss of revenues for the city.Sebastian Borja-UrbanoFabián Rodríguez-EspinosaMarco Luna-LudeñaTheofilos ToulkeridisSAGE PublishingarticleEnvironmental sciencesGE1-350ENAir, Soil and Water Research, Vol 14 (2021)
institution DOAJ
collection DOAJ
language EN
topic Environmental sciences
GE1-350
spellingShingle Environmental sciences
GE1-350
Sebastian Borja-Urbano
Fabián Rodríguez-Espinosa
Marco Luna-Ludeña
Theofilos Toulkeridis
Valuing the Impact of Air Pollution in Urban Residence Using Hedonic Pricing and Geospatial Analysis, Evidence From Quito, Ecuador
description Air pollution is one of the hazardous effects of urbanization. Hereby, one the most polluted cities in Ecuador is the Metropolitan District of Quito (DMQ). This study attempts to determine the marginal willingness to pay for a cleaner air in the DMQ using the impact of air pollutants on price properties. Spatial interpolation techniques visualized pollutant concentrations in the DMQ. Additionally, a hedonic price model estimated air pollution impact on properties. Results demonstrated hazard levels for at least three pollutants, being Particulate Matter PM 2.5 , Nitrogen Dioxide NO 2 , and Sulfur Dioxide SO 2 . Subsequently, the economic impact on the house market was statistically significant with a decrease in property value between 1.1% and 2.8%. These drop of value between 1,846.20 up to 4,984.74 US$ (United States Dollars) represents a substantial loss in property value for the DMQ and loss of revenues for the city.
format article
author Sebastian Borja-Urbano
Fabián Rodríguez-Espinosa
Marco Luna-Ludeña
Theofilos Toulkeridis
author_facet Sebastian Borja-Urbano
Fabián Rodríguez-Espinosa
Marco Luna-Ludeña
Theofilos Toulkeridis
author_sort Sebastian Borja-Urbano
title Valuing the Impact of Air Pollution in Urban Residence Using Hedonic Pricing and Geospatial Analysis, Evidence From Quito, Ecuador
title_short Valuing the Impact of Air Pollution in Urban Residence Using Hedonic Pricing and Geospatial Analysis, Evidence From Quito, Ecuador
title_full Valuing the Impact of Air Pollution in Urban Residence Using Hedonic Pricing and Geospatial Analysis, Evidence From Quito, Ecuador
title_fullStr Valuing the Impact of Air Pollution in Urban Residence Using Hedonic Pricing and Geospatial Analysis, Evidence From Quito, Ecuador
title_full_unstemmed Valuing the Impact of Air Pollution in Urban Residence Using Hedonic Pricing and Geospatial Analysis, Evidence From Quito, Ecuador
title_sort valuing the impact of air pollution in urban residence using hedonic pricing and geospatial analysis, evidence from quito, ecuador
publisher SAGE Publishing
publishDate 2021
url https://doaj.org/article/71aa8a1e3cea4d7aa7520f449dc286d0
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