nep-cul New Economics Papers
on Cultural Economics
Issue of 2013‒04‒06
three papers chosen by
Roberto Zanola
University Amedeo Avogadro

  1. Amenity Values of Proximity to National Wildlife Refuges: An analysis of urban residential property values By Liu, Xiangping; Taylor, Laura; Hamilton, Timothy; Grigelis, Peter
  2. Sports League Quality, Broadcaster TV Rights Bids and Wholesale Regulation of Sports Channels By Paul Madden; Mario Pezzino
  3. “Determinants of Broadband Access: Is Platform Competition always the Key Variable to Success?” By Xavier Fageda; Rafael Rubio; Montserrat Termes

  1. By: Liu, Xiangping (Department of Economics, School of Business, Economics and Law, Göteborg University); Taylor, Laura (Center for Environmental and Resource Economic Policy); Hamilton, Timothy (Department of Economics, University of Richmond); Grigelis, Peter (Office of Policy Analysis, U.S. Deparment of Interior)
    Abstract: The National Wildlife Refuge system is a network of permanently protected open space encompassing more than 150 million acres across 50 states. Maintaining such a large network of permanently protected open space can put the federal government at odds with local communities when management priorities differ from the local community’s objectives. This can be especially true in rapidly urbanizing areas where local jurisdictions voice concerns over the loss of property tax revenues and economic activity resulting from lands’ protected status. While refuge recreation and ecosystem benefits have been identified, we know little about the property value benefits accruing to local homeowners. This research quantifies the property value benefits of all refuges on the east coast that are near urban areas. Our approach is made possible through access to confidential U.S. Census data identifying property values surrounding all refuges with high geographic resolution. Results from hedonic property value models suggest that the amenity values of refuges located near urbanized areas are capitalized into the value of homes in very close proximity, averaging $11 million per refuge. These capitalized values add directly to the local tax base and are considerable complements to the annual economic value created by the refuge system.
    Keywords: National Wildlife Refuges; open space; amenity values; hedonic analysis
    JEL: Q24 Q51 Q57 Q58
    Date: 2013–03–22
    URL: http://d.repec.org/n?u=RePEc:hhs:gunwpe:0562&r=cul
  2. By: Paul Madden; Mario Pezzino
    Date: 2013
    URL: http://d.repec.org/n?u=RePEc:man:sespap:1304&r=cul
  3. By: Xavier Fageda (Faculty of Economics, University of Barcelona); Rafael Rubio (Faculty of Economics, University of Barcelona); Montserrat Termes (Faculty of Economics, University of Barcelona)
    Abstract: Previous studies have identified the rivalry among technological platforms as one of the main driving forces of broadband services penetration. This paper draws on data from the Spanish market between 2005 and 2011 to estimate the main determinants of broadband prices. Controlling for broadband tariffs features and network variables, we examine the impact of the different modes of competition on prices. We find that inter-platform competition has no significant effects over prices, while intra-platform competition is a key driver of the prices charged in the broadband market. Our analysis suggests that the impact of different types of competition on prices is critically affected by the levels of development of the broadband market achieved by the considered country.
    Keywords: broadband prices, inter-platform competition, intra-platform competition. JEL classification: L38, L51, L96
    Date: 2013–03
    URL: http://d.repec.org/n?u=RePEc:ira:wpaper:201303&r=cul

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