Studying the Impacts of Environmental Amenities and Hazards with Nationwide Property Data: Best Data Practices for Interpretable and Reproducible Analyses

38 Pages Posted: 4 Sep 2021

See all articles by Christoph Nolte

Christoph Nolte

Boston University

Kevin J Boyle

Virginia Polytechnic Institute & State University

Anita M Chaudhry

California State University, Chico - Department of Economics

Christopher M. Clapp

University of Chicago - Harris School of Public Policy

Dennis Guignet

Appalachian State University

Hannah Hennighausen

University of Alaska Anchorage

Ido Kushner

Boston University

Yanjun Liao

University of Pennsylvania - The Wharton School

Saleh Mamun

APEC, University of Minnesota; NRRI, University of Minnesota - Duluth

Adam Pollack

Boston University

Jesse Richardson

West Virginia University College of Law

Shelby Sundquist

Boston University

Kristen Swedberg

Virginia Polytechnic Institute & State University

Johannes H. Uhl

University of Colorado Boulder

Date Written: August 7, 2021

Abstract

Access to rich, nationwide property data has catalyzed rapid empirical work concerning land use choices in several fields of inquiry, including environmental economics, urban geography, and conservation biology. When data on property transactions and assessments are provided in its original or only partially pre-processed state, the accuracy, reliability, and generalizability of findings can be improved with a series of cleaning procedures and quality checks. We discuss issues inherent in using increasingly popular, nationwide data to perform econometric analyses and propose best practices for data preparation by example of ZTRAX, a U.S.-wide real estate database available to academics, non-profit, and government researchers between 2016 and 2023. We cover (1) the identification of arms-length sales, (2) the geo-location of parcels and buildings, (3) temporal linkages between transaction, assessor, and parcel data, (4) the identification of property types, such as single-family homes and vacant lands, and (5) dealing with missing or mismeasured data for standard housing attributes. We provide supplementary maps, filtering tables, and algorithmic descriptions to help analysts check and document their choices, improve the quality of ongoing and planned research, and help readers better understand the scope, reliability, and generalizability of findings and data products.

Suggested Citation

Nolte, Christoph and Boyle, Kevin J and Chaudhry, Anita M and Clapp, Christopher and Guignet, Dennis and Hennighausen, Hannah and Kushner, Ido and Liao, Yanjun and Mamun, Saleh and Pollack, Adam and Richardson, Jesse and Sundquist, Shelby and Swedberg, Kristen and Uhl, Johannes, Studying the Impacts of Environmental Amenities and Hazards with Nationwide Property Data: Best Data Practices for Interpretable and Reproducible Analyses (August 7, 2021). WVU College of Law Research Paper No. 2021-013, Available at SSRN: https://ssrn.com/abstract=3900806 or http://dx.doi.org/10.2139/ssrn.3900806

Christoph Nolte (Contact Author)

Boston University ( email )

595 Commonwealth Avenue
Boston, MA 02215
United States

Kevin J Boyle

Virginia Polytechnic Institute & State University ( email )

250 Drillfield Drive
Blacksburg, VA 24061
United States

Anita M Chaudhry

California State University, Chico - Department of Economics ( email )

Chico, CA 95926
United States

Christopher Clapp

University of Chicago - Harris School of Public Policy ( email )

1155 East 60th Street
Chicago, IL 60637
United States

HOME PAGE: http://https://chrisclapp.org/

Dennis Guignet

Appalachian State University ( email )

Hannah Hennighausen

University of Alaska Anchorage ( email )

3211 Providence Drive
Anchorage, AK 99508
United States

Ido Kushner

Boston University ( email )

595 Commonwealth Avenue
Boston, MA 02215
United States

Yanjun Liao

University of Pennsylvania - The Wharton School ( email )

3641 Locust Walk
Philadelphia, PA 19104-6365
United States
19104 (Fax)

Saleh Mamun

APEC, University of Minnesota ( email )

1994 Bufford Avenue
Saint Paul, MN 55108
United States

NRRI, University of Minnesota - Duluth

5013 Miller Trunk Hwy
Duluth, MN 55811
United States

Adam Pollack

Boston University ( email )

595 Commonwealth Avenue
Boston, MA 02215
United States

Jesse Richardson

West Virginia University College of Law ( email )

101 Law School Drive
Morgantown, WV West Virginia 26506-6130
United States
3042939460 (Phone)

Shelby Sundquist

Boston University ( email )

595 Commonwealth Avenue
Boston, MA 02215
United States

Kristen Swedberg

Virginia Polytechnic Institute & State University ( email )

250 Drillfield Drive
Blacksburg, VA 24061
United States

Johannes Uhl

University of Colorado Boulder ( email )

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
110
Abstract Views
489
rank
305,967
PlumX Metrics