Browsing by Author "Chiang Hsieh, Lin-Han"

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    The closer the better? Examining support for a large urban redevelopment project in Atlanta
    (2017) Chiang Hsieh, Lin-Han; Noonan, Douglas S.
    The Atlanta BeltLine (BeltLine) is a large urban redevelopment project that is transforming 22 miles of historical railroad corridors into parks, trails, pedestrian-friendly transit, and affordable housing in the center of Atlanta, Georgia. This study examines how proximity to the BeltLine and other factors relate to public support for it, with data from a general public survey conducted in the summer of 2009. The result shows that support significantly declines as distance to the BeltLine increases. However, after controlling for expected use of the BeltLine parks and transit, the role of distance fades. Further, the results show that being a parent within the city limits is associated with the support for the BeltLine, which implies that the concern over tax increment financing (TIF) affecting future school quality hampers the support of the project. The findings point to individual tastes and family circumstances as driving support for the redevelopment project, rather than strictly property-specific attributes (as the homevoter hypothesis would predict). Another contribution of this study is to address the technical problem of missing precise spatial location values. Several imputation techniques are used to demonstrate the risks and remedies to missing spatial data.
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    Strategic Behavior in Certifying Green Buildings: An Inquiry of the Non-building Performance Value
    (2017-08) Chiang Hsieh, Lin-Han; Noonan, Douglas S.
    This study determines the magnitude of the market signaling effect arising from Leadership in Energy and Environmental Design certification for green buildings and explores the mechanisms behind the signaling effect. Previous studies have shown that signaling or marketability plays an important role in the pursuit for Leadership in Energy and Environmental Design and equivalent green-building certification. By analyzing all new construction projects receiving Leadership in Energy and Environmental Design certification from 2000 to 2012 in the US, this study estimates the relative importance of ‘green’ signaling. This broad perspective using project-level data enables an analysis of some drivers of signaling and the pursuit of marketing benefits. The roles of local competition and market conditions, as well as municipal regulations are examined, especially as they differ between types of building owners (e.g., for-profit firms, governments, nonprofits). The results indicate that the non-building performance value—value captured by Leadership in Energy and Environmental Design signals above and beyond the specific building attributes that Leadership in Energy and Environmental Design certifies—dominates the attainment of Leadership in Energy and Environmental Design scores around certification tier thresholds. Further, strong evidence of spatial clustering of this non-building performance value for some owner types indicates that for-profit owners may be more responsive to local competition than non-profit owners. Local legislative mandates predict greater signaling intensity by government-owned buildings, as expected, but for-profit-owned projects tend to signal less, even after controls for local conditions. The results highlight the importance of local conditions, including peer effects and regulations, in driving non-building performance values across a wide range of green buildings.