Forest pests and home values: The importance of accuracy in damage assessment and geocoding of properties

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dc.contributor.authorMoeltner, Klausen
dc.contributor.authorBlinn, Christine E.en
dc.contributor.authorHolmes, Thomas P.en
dc.contributor.departmentAgricultural and Applied Economicsen
dc.contributor.departmentForest Resources and Environmental Conservationen
dc.coverage.countryUnited Statesen
dc.coverage.stateColoradoen
dc.date.accessioned2020-04-15T19:28:57Zen
dc.date.available2020-04-15T19:28:57Zen
dc.date.issued2017-01en
dc.description.abstractWe examine the impact of measurement errors in geocoding of property locations and in the assessment of Mountain Pine Beetle-induced tree damage within the proximity of a given residence on estimated losses in home values. For our sample of homes in the wildland-urban interface of the Colorado front range and using a novel matching estimator with Bayesian regression adjustment we find that both types of errors can lead to substantial biases in estimated losses. Our results confirm that the Forest Service's Aerial Detection Survey is generally too coarse to be informative for property valuation that depends on highly localized spatial data.en
dc.description.adminPublic domain – authored by a U.S. government employeeen
dc.description.notesThis work was supported by the United States Forest Service, Southern Research Station [cooperative agreement number 12-JV-11330143-106].en
dc.description.sponsorshipUnited States Forest Service, Southern Research StationUnited States Department of Agriculture (USDA)United States Forest Service [12-JV-11330143-106]en
dc.description.versionPublished versionen
dc.format.mimetypeapplication/pdfen
dc.identifier.doihttps://doi.org/10.1016/j.jfe.2017.02.002en
dc.identifier.eissn1618-1530en
dc.identifier.issn1104-6899en
dc.identifier.urihttp://hdl.handle.net/10919/97634en
dc.identifier.volume26en
dc.language.isoenen
dc.rightsCreative Commons CC0 1.0 Universal Public Domain Dedicationen
dc.rights.urihttp://creativecommons.org/publicdomain/zero/1.0/en
dc.subjectMountain Pine Beetleen
dc.subjectMatching estimatoren
dc.subjectMeasurement erroren
dc.subjectAerial Detection Surveyen
dc.titleForest pests and home values: The importance of accuracy in damage assessment and geocoding of propertiesen
dc.title.serialJournal of Forest Economicsen
dc.typeArticle - Refereeden
dc.type.dcmitypeTexten
dc.type.dcmitypeStillImageen

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