Valuing Access to Water : A Spatial Hedonic Approach Applied to Indian Cities / Anselin, Luc

An important infrastructure policy issue for rapidly growing cities in developing countries is how to raise fiscal revenues to finance basic services in a fair and efficient manner. This paper applies hedonic analysis that explicitly accounts for spatial spillovers to derive the value of improved ac...

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Bibliographic Details
Main Authors:Anselin, Luc
Other Authors:Lozano-Gracia, Nancy
Lall, Somik V., 1972-
Deichmann, Uwe
Format: Online-Resource
Language:English
Published:Washington, D.C : The World Bank, 2008
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Online Access:URL des Erstveröffentlichers
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Summary:An important infrastructure policy issue for rapidly growing cities in developing countries is how to raise fiscal revenues to finance basic services in a fair and efficient manner. This paper applies hedonic analysis that explicitly accounts for spatial spillovers to derive the value of improved access to water in the Indian cities of Bhopal and Bangalore. The findings suggest that by looking at individual or private benefits only, the analysis may underestimate the overall social welfare from investing in service supply especially among the poorest residents. The paper further demonstrates how policy simulations based on these estimates help prioritize spatial targeting of interventions according to efficiency and equity criteria
Physical Description:1 Online-Ressource (31 Seiten)