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The economics of green lifestyles: a micro-economic study of Australian household panel and housing market data

Franz Fuerst and Georgia Warren-Myers

ERES from European Real Estate Society (ERES)

Abstract: This study examines the economic effects of voluntary commitments to a more sustainable individual lifestyle. In particular, it investigates the crucial nexus between environmental factors and health and well-being outcomes. It promises to generate important insights into this multi-faceted relationship by focussing on a hitherto understudied topic, i.e. whether the housing market and particularly the spatial variation in house prices may play a decisive mediating role for the quality of the surrounding built and natural environment. This project seeks to enhance our understanding of the relationship between individual environmental attitudes and economic outcomes but also to inform policies in the public health, urban planning and local economic development arenas.

Keywords: House Prices; Panel Data Analysis; Public Health; sustainable lifestyles (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2019-01-01
New Economics Papers: this item is included in nep-env, nep-hme and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2019_328

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