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| Kuminoff, Nicolai V.. |
| This study investigates how proximity to cropland influences residential property values and considers the public policy implications. The hedonic model generalizes previous studies by recognizing that the bundle of externalities generated by crop production may increase the price of some homes and decrease the price of others, depending on their respective locations. Using an instrumental variables approach to estimate the model for San Joaquin County, California, suggests that proximity to cropland increases the value of most, but not all, single-family homes near the agricultural-urban edge. The results imply an agricultural buffer zone of 68 meters would mitigate most cropland disamenities. |
| Tipo: Journal Article |
Palavras-chave: Amenity value; Buffer zone; Cropland; Hedonic; Land use; Open space; Land Economics/Use; Resource /Energy Economics and Policy. |
| Ano: 2009 |
URL: http://purl.umn.edu/50086 |
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| Christie, Mike; Colman, Oliver. |
| Current government guidelines for the appraisal of coastal defence projects in the UK do not require that non-market amenity benefits to be considered . However, a new option in coastal defence, namely multi-purpose reefs, provides an opportunity to integrate coastal defence with significant amenity provision. This paper reports the findings of a choice experiment study that evaluated the amenity benefits of four alternative coastal defence systems currently being considered for Borth in west Wales. The results indicate that traditional coastal defence options such as timber and rock groynes do not generate amenity benefits, while a multipurpose reef would generate significant benefits in terms of improvements in the visual appeal of the beach, safer... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Choice experiments; Amenity value; Coastal defence; Multi-purpose reef; Resource /Energy Economics and Policy; Q26; Q51; Q58. |
| Ano: 2006 |
URL: http://purl.umn.edu/25541 |
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| Samarasinghe, Oshadhi; Sharp, Basil M.H.. |
| This study examines the impact of flood hazard zone location on residential property values. The study utilises data from over 2,000 private residential property sales occurred during 2006 in North Shore City, New Zealand. A spatial autoregressive hedonic model is developed to provide efficient estimates of the marginal effect of flood prone risks on property values. Our results suggest that a property located within a flood hazard zone sells for 4.3% less than an equivalent property located outside the flood hazard zone. Given the median house price, estimated discount associated with flood risks is approximately NZ$22,000. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Flood hazard; Spatial hedonic; Amenity value; Land Economics/Use; Q15; Q51. |
| Ano: 2008 |
URL: http://purl.umn.edu/6013 |
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| Cho, Seong-Hoon; Lambert, Dayton M.; Kim, Seung Gyu; Park, William M.; Roberts, Roland K.. |
| This research uses a sequence of hedonic housing price regressions to estimate open space amenity values. The iterative approach empirically identifies the range of distance over which open space affects housing values. After controlling for numerous other factors in the spatial hedonic model, simple functional relationships were established between the implicit prices of developed open space, forest-land open space, and agriculture-wetland open space and the buffer radius of the area surrounding a given location. In the case of Nashville-Davidson County, Tennessee, households place a positive value on additional developed open space and forest-land open space up to distances of 2.2 miles and 1.5 miles, respectively, and a negative value for additional... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agriculture-wetland open space; Amenity value; Developed open space; Forest-land open space; Hedonic spatial model; Environmental Economics and Policy. |
| Ano: 2010 |
URL: http://purl.umn.edu/56342 |
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