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Provedor de dados:  AgEcon
País:  United States
Título:  RECREATIONAL AND AESTHETIC VALUE OF WATER USING HEDONIC PRICE ANALYSIS
Autores:  Lansford, Notie H., Jr.
Jones, Lonnie L.
Data:  2003-12-19
Ano:  1995
Palavras-chave:  Demand and Price Analysis
Resource /Energy Economics and Policy
Resumo:  Historically, water allocation focused on quantities demanded by consumptive uses. As quantity demand grows, efficient allocation among consumptive and nonconsumptive uses becomes more critical. This hedonic approach provides information regarding recreational and aesthetic (RA) value for a central Texas lake. The model indicates several statistically significant RA characteristics of housing; proximity is the most important. Waterfront properties command a premium, but marginal RA price falls rapidly with increasing distance. Marginal RA values are estimated for selected water levels and are found to have a lower marginal price per acre-foot than many agricultural uses.
Tipo:  Journal Article
Idioma:  Inglês
Identificador:  11537

http://purl.umn.edu/30776
Editor:  AgEcon Search
Relação:  Journal of Agricultural and Resource Economics>Volume 20, Number 02, December 1995
Formato:  15

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