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dc.contributor.authorKoundouri, Phoebeen
dc.contributor.authorPashardes, Panosen
dc.creatorKoundouri, Phoebeen
dc.creatorPashardes, Panosen
dc.date.accessioned2019-05-03T05:22:23Z
dc.date.available2019-05-03T05:22:23Z
dc.date.issued2003
dc.identifier.urihttp://gnosis.library.ucy.ac.cy/handle/7/47498
dc.description.abstractHedonic valuation of quality attributes can be misleading when the assumption that these attributes are exogenous to sample selection is violated. This paper considers the simultaneity between hedonic valuation and sample selection in the context of a model of producer behavior and investigates empirically the case where land is demanded for use as an input either in agricultural production or in touristic development. The empirical analysis suggests that failing to correct for sample selection results in a biased valuation of the effect of water salinity on agricultural land.en
dc.language.isoengen
dc.sourceEnvironmental and Resource Economicsen
dc.subjectMathematical modelsen
dc.subjectprice dynamicsen
dc.subjecthedonic analysisen
dc.subjectAgricultureen
dc.subjecteconomicsen
dc.subjectHedonic price analysisen
dc.subjectland marketen
dc.subjectLand useen
dc.subjectmeasurement methoden
dc.subjectQualityen
dc.subjectResource environmental valuationen
dc.subjectsalinityen
dc.subjectSample selection biasen
dc.subjectSeparabilityen
dc.subjectwater demanden
dc.subjectwater economicsen
dc.subjectWater qualityen
dc.subjectWater resourcesen
dc.titleHedonic Price Analysis and Selectivity Bias: Water Salinity and Demand for Landen
dc.typeinfo:eu-repo/semantics/article
dc.identifier.doi10.1023/A:1025633604579
dc.description.volume26
dc.description.startingpage45
dc.description.endingpage56
dc.type.uhtypeArticleen
dc.description.totalnumpages45-56


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