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| Kim, Seung Gyu; Cho, Seong-Hoon; Roberts, Roland K.; Claassen, Roger. |
| The main objective of this research is to propose a data-driven approach to estimate the amenity values of restoring urban forest landscapes at potential target sites. The approach allows establishing the overall price-driving time relationship between the amenity values attributable to both deforested and forested areas and their proximities to housing locations within a given community. Establishing the overall price-driving time relationship is important because the hedonic price model cannot be used to estimate the amenity values of yet to be restored urban forest landscapes that do not exist at the time of housing sales transactions. We estimated the sum of the differences between amenity values of deforested and forested areas on housing prices... |
| Tipo: Working Paper |
Palavras-chave: Urban forest landscapes; Spatial hedonic model; Travel distance; Land Economics/Use. |
| Ano: 2012 |
URL: http://purl.umn.edu/123552 |
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| Cho, Seong-Hoon; Roberts, Roland K.; Kim, Seung Gyu. |
| The following hypothesis was tested: Willingness to bear a negative water impairment externality differs between those who do and those who do not receive economic benefit from the impairment source, e.g., a paper mill. The hypothesis was tested using a hedonic analysis of ambient water quality in two discrete housing markets in the Pigeon River Watershed, which have been polluted by the operation of a paper mill. The results suggest that North Carolina residents of the subwatersheds with impaired river, who experience economic benefits from the paper mill in addition to harmful effects, do perceive the pollution as a negative externality, whereas they may have a willingness to bear a similar type of negative externality associated with impaired streams.... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Negative Externalities; Water quality; Spatial hedonic model; Environmental Economics and Policy. |
| Ano: 2011 |
URL: http://purl.umn.edu/103762 |
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