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Measuring the Contribution of Water and Green Space Amenities to Housing Values: An Application and Comparison of Spatially Weighted Hedonic Models AgEcon
Cho, Seong-Hoon; Bowker, James Michael; Park, William M..
This study estimates the influence of proximity to water bodies and park amenities on residential housing values in Knox County, Tennessee, using the hedonic price approach. Values for proximity to water bodies and parks are first estimated globally with a standard ordinary least squares (OLS) model. A locally weighted regression model is then employed to investigate spatial nonstationarity and generate local estimates for individual sources of each amenity. The local model reveals some important local differences in the effects of proximity to water bodies and parks on housing price.
Tipo: Journal Article Palavras-chave: Hedonic model; Locally weighted regression; Park; Spatial; Water bodies; Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/8630
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How Do Homebuyers Value Different Types of Green Space? AgEcon
Bark, Rosalind H.; Osgood, Daniel E.; Colby, Bonnie G.; Halper, Eve B..
It is important to understand tradeoffs in preferences for natural and constructed green space in semi-arid urban areas because these lands compete for scarce water resources. We perform a hedonic study using high resolution, remotely-sensed vegetation indices and house sales records. We find that homebuyers in the study area prefer greener lots, greener neighborhoods, and greener nearby riparian corridors, and they pay premiums for proximity to green space amenities. The findings have fundamental implications for the efficient allocation of limited water supplies between different types of green space and for native vegetation conservation in semi-arid metropolitan areas.
Tipo: Journal Article Palavras-chave: Hedonic model; Locally weighted regression; Spatial; Open space; Golf course; Park; Riparian; Consumer/Household Economics; Land Economics/Use.
Ano: 2011 URL: http://purl.umn.edu/117210
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PARKS, POPULATION, AND RESETTLEMENT IN THE DOMINICAN REPUBLIC AgEcon
Stycos, J. Mayone; Duarte, Isis.
A survey of 139 men and 123 women in four communities bordering Los Haitises National Park in the Dominican Republic took place in late 1992. The survey followed a presidential decree ordering the army to clear the forest of people and cattle and to resettle a number of villages. The survey found that people admitted using the forest for firewood and cash crop cultivation. However, they were aware of the need to conserve the forest and expressed willingness to compromise on its use. They were less aware of park boundaries and did not understand the concept of a national park. Villagers welcomed rapid population growth, and women favor (and have) large families despite high rates of sterilization. Nearly everyone opposed resettlement and favored...
Tipo: Working or Discussion Paper Palavras-chave: Attitudes; Behavior; Gender; Knowledge; Park; Population; Resettlement; Survey; Resource /Energy Economics and Policy.
Ano: 1994 URL: http://purl.umn.edu/11883
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