| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Disentangling Access and View Amenities in Access-Restricted Coastal Residential Communities
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| Autores: |
Morgan, O. Ashton
Hamilton, Stuart E.
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| Data: |
2011-05-19
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| Ano: |
2011
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| Palavras-chave: |
Beach access
Property viewshed
Spatial hedonic model
Willingness to pay
Environmental Economics and Policy
Land Economics/Use
Q51
R12
R21
R23
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| Resumo: |
In coastal communities with uniform flood risk, amenity value is comprised of two components – view and access. Having controlled for view, it is assumed that any residual amenity value represents the benefit derived from accessing the beach for leisure/recreational purposes. However, as properties closer to the beach typically have improved viewsheds, the two amenities are highly correlated, and disentangling view and access is problematical. A spatial autoregressive hedonic model captures ease of beach access via a network distance parameter that varies independently from property viewshed, collinearity effects are mitigated, and access and view can be disentangled.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/104620
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| Relação: |
Journal of Agricultural and Applied Economics>Volume 43, Number 02, May 2011
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| Formato: |
10
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