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This article values the environmental benefits of historic, navigable canals using property values. We improve on standard methods by controlling for microgeographic fixed effects and applying a difference-in-differences...Read more...
Stephen Gibbons, Cong Peng and Cheng Keat Tang
1 November 2021
The canal and waterway network in Britain provides a potentially valuable recreational and environmental amenity. In this paper, we estimate the value of this amenity based on how much households are willing to pay throu...Read more...
14 March 2019