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| Cotteleer, Geerte; Peerlings, Jack H.M.. |
| In highly industrialized areas open spaces such as farmland and nature are under pressure since urban areas are expanding at their expense. Because of the high opportunity costs of development in urban areas, a high price has to be paid for the maintenance or creation of open space. The question is if this high price can be justified by the value of the open space. We estimate the value residents attach to surrounding open space in a hedonic pricing model. More specifically, we investigate in a highly urbanized area in the Netherlands how the externalities of farmland, nature, and other uses, such as industrial areas and the sea affect residential property prices. Moreover, spatial lag and error dependence are corrected for in the hedonic pricing model... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Hedonic pricing; Spatial econometrics; Externalities; Land Economics/Use. |
| Ano: 2008 |
URL: http://purl.umn.edu/43950 |
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| Tacken, G.M.L.; Cotteleer, Geerte; van Horne, Peter L.M.. |
| This research examines the competitiveness of the Dutch egg products industry, as well as the consequences of tightening up the laws concerning layer poultry on the competitive position of the Dutch egg production industry. A tightening of the laws has, in fact, the effect of raising the production cost, and in this research the central question revolves around whether animal welfare-friendly egg products are perceived as products with added value by the buyers of egg products (mainly industrial buyers) and will thus also be offered for sale at a higher price. Furthermore, it will be investigated what the probable developmental directions are in the egg products industry if this higher price cannot be realised. |
| Tipo: Report |
Palavras-chave: Livestock Production/Industries. |
| Ano: 2003 |
URL: http://purl.umn.edu/29137 |
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| 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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| Cotteleer, Geerte; Gardebroek, Cornelis. |
| Agricultural land markets differ greatly from the textbook-case of perfect competition. This is why standard hedonic pricing techniques should be revised before applying this technique to this market. The objective of this paper is to determine (a) the deviation from the competitive market price of agricultural land in the Netherlands due to market power and the existence of an excess surplus and (b) the effect of bargaining power on the division of excess surplus between the eventual seller and the buyer in the market for agricultural land. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Land Economics/Use. |
| Ano: 2006 |
URL: http://purl.umn.edu/21255 |
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