Is crime in Mexico a disamenity? Evidence from a hedonic valuation approach

Since Roback’s seminal work (J Polit Econ 90(6):1257–1278, 1982), the literature on hedonic prices has evaluated the role of amenities in equilibrating regional differentials in nominal wages and prices. While these studies generally find evidence for traditional amenities and disamenities in developed countries, there remains little research on how characteristics such as violence affect the equilibrium in less developed countries. This article...