Updating Data...

Submit an event to DC Green Scene

Electronic Alerts Keep you in the know
Want Upcoming Events Sent Automatically?

We've made it easy to stay on top of the latest Energy and Environmental Policy Events. Just Sign Up to receive the weeks events in your inbox every Monday and you'll always be in the know.

Event Details

The Role of Local Amenities in the National Economy

October 25 | 12:00 PM - 1:30 PM (add to my calendar)
Resources for the Future | get directions

Bookmark and Share

Consumers value nonmarket amenities such as climate, public goods, infrastructure, and pollution. They pay for these localized amenities indirectly, through spatial variation in housing prices and wages. In this paper, we develop a macroeconomic measure of indirect amenity expenditures that is consistent with microeconomic fundamentals of spatial equilibrium and principles of national income accounting. We construct a county-level database of 75 amenities, match it to location choices made by 5 million households, and develop the first estimates for aggregate amenity expenditures in the United States. We find amenities accounted for 6% of personal consumption expenditures in 2000 ($422 billion).

Register for this Event
Meeting or Seminar

Event Map

7th Floor Conference Room
1616 P St. NW
Washington, DC 20036