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Registros recuperados: 12
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Conservation land acquisition lists and nearby property values: evidence from the Florida Forever programme AgEcon
Beal-Hodges, Mary.
Agencies throughout the world are implementing plans to preserve open spaces. The demand to preserve open space is often justified based on the value of the amenities associated with the land. However, many times open space is valued most for what it is not: the absence of negative externalities associated with development of the open space. Florida has the most ambitious programme for acquiring conservation land of any state or nation in the world. Using evidence from Florida, this study determines whether being added to a conservation land acquisition list affects nearby property values. The Florida Department of Environmental Protection claims that being on the list should not trigger any changes in property values. The results of the hedonic regression...
Tipo: Article Palavras-chave: Open space; Environmental economics; Property values; Hedonic; Community/Rural/Urban Development; Environmental Economics and Policy; Land Economics/Use.
Ano: 2012 URL: http://purl.umn.edu/122442
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Did local government structure kill small town America? AgEcon
Warziniack, Travis.
This article examines the provision of public goods in an urban area and the effect voting has on the level and location of amenities throughout a city. It is particularly appropriate for small communities that must finance economic development projects with limited funds. The work presented is a result of working with rural communities throughout America that have seen their historic downtowns deteriorate as big box retail grows on the urban fringe. I find this shift in community development may be a result of the way local economic development is financed and projects are decided upon. Specifically, I find significant welfare losses associated with voting for a public good in space. Small public projects that would lead to community-wide welfare...
Tipo: Conference Paper or Presentation Palavras-chave: Open space; Spatial economics; Referendum; Voting; Community/Rural/Urban Development; Land Economics/Use; Political Economy; R10; R14.
Ano: 2010 URL: http://purl.umn.edu/60956
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Expert Opinion versus Transaction Evidence: Using the Reilly Index to Measure Open Space Premiums in the Urban-Rural Fringe AgEcon
Cotteleer, Geerte; Stobbe, Tracy; van Kooten, G. Cornelis.
Due to economic and population growth farmland and to a lesser extend other undeveloped areas are under pressure in the urban-rural fringe in British Columbia, Canada. The objectives of this paper are to determine if residential property values near Victoria, BC include open-space premiums for farmland, parks or golf courses, and to determine if using assessed values instead of market prices of the property result in the same findings. We estimate a Seemingly Unrelated Regression (SUR) model with two hedonic pricing equations, one with actual market values as the dependent variable and one with assessed property values, and compare the resulting estimates of shadow prices for open space amenities. Furthermore, we take account of spatial autocorrelation and...
Tipo: Working or Discussion Paper Palavras-chave: Hedonic pricing models; Spatial dependence; Assessed property values; Open space; Community/Rural/Urban Development; Land Economics/Use; R14; R52; C21; Q20; H23.
Ano: 2008 URL: http://purl.umn.edu/37085
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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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NEIGHBORHOOD PARKS AND RESIDENTIAL PROPERTY VALUES IN GREENVILLE, SOUTH CAROLINA AgEcon
Espey, Molly; Owusu-Edusei, Kwame.
The effect on housing prices of proximity to different types of parks is estimated using a unique data set of single-family homes sold between 1990 and 1999 in Greenville, South Carolina. While the value of park proximity is found to vary with respect to park size and amenities, the estimates from this study are larger than previous studies. The greatest impact on housing values was found with proximity to small neighborhood parks, with the positive impact of proximity to both small and medium-size parks extending to homes as far as 1500 feet from the park.
Tipo: Journal Article Palavras-chave: Hedonic valuation; Open space; Urban parks; Value of parks; Land Economics/Use.
Ano: 2001 URL: http://purl.umn.edu/15446
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Open Space and Urban Sprawl: The Effects of Zoning and Forest Conservation Regulations in Maryland AgEcon
Lichtenberg, Erik.
Rapid urbanization enhances the desirability of policies for preserving open space but policies intended to preserve open space may extend the urban boundary and create leapfrog development. We investigate this potential conflict between open space preservation and urban sprawl conceptually and empirically using data from the Baltimore-Washington suburbs. In accord with previous theoretical and empirical results, the estimated econometric model indicates that both zoning and forest planting requirements contribute to sprawl by increasing the amount of land needed to accommodate the current number of households. These results point to a conflict between preserving open space incorporated into private building lots or internal to sub-divisions and public...
Tipo: Article Palavras-chave: Maryland Forest Conservation Act; Open space; Sprawl; Zoning; Environmental Economics and Policy; Land Economics/Use.
Ano: 2011 URL: http://purl.umn.edu/120451
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POLITICAL ECONOMY OF RIGHT-TO-FARM AgEcon
Adelaja, Adesoji O.; Friedman, Keith.
This paper investigates the motivations for local right-to-farm protection ordinances by estimating a logit model relating the adoption of these ordinances to various political, economic and demographic factors previously found to affect the likelihood of passage of farmland preservation policies. Results suggest that the probability of adopting right-to-farm policies increases with the size and political clout of the farm public and with incentives to promote right-to-farm. Adoption is not enhanced by environmental concerns, nor by factors known to encourage adoption of farmland preservation policies. These findings raise serious concerns about the long-run viability of protections afforded agriculture in urbanizing areas.
Tipo: Journal Article Palavras-chave: Nuisance litigation; Open space; Political economy; Restrictive ordinances; Right-to-farm; Political Economy.
Ano: 1999 URL: http://purl.umn.edu/15161
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Tax Rules, Land Development, and Open Space AgEcon
Simpson, R. David.
Concern about "open space" is growing. Conservation advocates worry that private land use decision-makers preserve too little open space. Yet private land developers are deciding on their own to preserve open space in new developments because it provides amenities to purchasers of lots. Moreover, tax provisions provide incentives for preserving more open space than would be privately optimal. Many jurisdictions have adopted "use-value assessment" standards granting favorable tax treatment to lands maintained in open space. Also, donations of open space can be deducted from income in computing tax liabilities. Both factors may be empirically important, although tax deductibility may have larger conservation effects than does use-value assessment. These...
Tipo: Working or Discussion Paper Palavras-chave: Income tax; Property tax; Tax deductions; Use-value assessment; Ecosystem services; Open space; Conservation; Amenity value; Land Economics/Use; H23; H41; H71; R14.
Ano: 2002 URL: http://purl.umn.edu/10741
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The Conservation Contributions of Conservation Easements: Analysis of the San Francisco Bay Area Protected Lands Spatial Database Ecology and Society
Rissman, Adena R; University of California at Berkeley; arissman@nature.berkeley.edu; Merenlender, Adina M; University of California at Berkeley; adina@nature.berkeley.edu.
Conservation easements have emerged as an important tool for land trusts and government agencies aiming to conserve private land in the United States. Despite the increase in public investment in conservation easement acquisitions, little is known about their conservation outcomes, particularly at a landscape scale. The nine-county San Francisco Bay Area exemplifies a complex conservation context: 190 organizations hold 24% of the land base in some type of protection status. Using a detailed protected lands database, we compared the contributions of conservation easements and fee-simple protected areas to ecological, agricultural, and public recreation benefits. We found that conservation easements were more likely to conserve grasslands, oak woodlands,...
Tipo: Peer-Reviewed Reports Palavras-chave: Conservation easements; Land trusts; Private land conservation; Protected areas; Protected area databases; Open space; Institutions; San Francisco Bay Area; Working landscapes; Recreation.
Ano: 2008
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The Political Economy of Downzoning AgEcon
Adelaja, Adesoji O.; Gottlieb, Paul D..
“Substantial downzoning” is defined as the exercise of police power to significantly reduce the legally permitted density on undeveloped land in a community. This contentious practice is typically challenged by those who perceive the action to limit their market opportunities (e.g., farmers and developers), their sympathizers, and others who prefer the status quo. Supporters tend to be those who perceive positive benefits (e.g., environmentalists, conservationists, and homeowners) and those who see it as a supplement to other preservation techniques, based on concerns over such things as growing public costs of land acquisition, limited effectiveness of existing alternatives, or the perceived urgency to act to manage growth. Given the complexity of the...
Tipo: Journal Article Palavras-chave: Substantial downzoning; Takings; Land use; Growth management; Open space; Political economy; Institutional and Behavioral Economics; Political Economy.
Ano: 2009 URL: http://purl.umn.edu/55865
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Using a Bundled Amenity Model to Estimate the Value of Cropland Open Space and Determine an Optimal Buffer Zone AgEcon
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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Using Random Parameters to Account for Heterogeneous Preferences in Contingent Valuation of Public Open Space AgEcon
Nahuelhual, Laura; Loureiro, Maria L.; Loomis, John B..
To test for preference heterogeneity in dichotomous choice contingent valuation responses, a random parameter logit (RPL) specification is used in this analysis. The RPL model confirms heterogeneity in respondents' preferences for protection of public open space, as reflected in statistically significant standard deviations of the normally distributed random parameters. Results show that while the majority of respondents indicate a positive willingness to pay (WTP), a minority of those surveyed report a negative WTP. Some of this variation in tastes remains even after individual characteristics and attitudinal variables are included in the model.
Tipo: Journal Article Palavras-chave: Contingent valuation; Open space; Random parameter logit; Willingness to pay; Land Economics/Use.
Ano: 2004 URL: http://purl.umn.edu/30909
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