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Details for article 31 of 198 found articles
| Title: |
A semiparametric hedonic model for valuing wetlands |
| Author: |
Bin, Okmyung |
| Appeared in: |
Applied economics letters |
| Paging: | Volume 12 (2005) nr. 10 pages 597-601 |
| Year: |
2005-08-15 |
| Contents: |
A semiparametric hedonic price function is estimated to examine the effects of proximity to wetlands on property values using extensive wetland inventory and housing market data from Portland-Oregon, USA. The semiparametric method used in this study allows for estimation of the hedonic price function with flexible functional form and is computationally easier than most non-parametric models. Four general categories of wetlands - open water, emergent vegetation, forested and scrub shrub wetlands - are differentiated. The results indicate that proximity to open water wetlands has a positive association with property values, while the other types of wetlands have either a negative or insignificant relationship. |
| Publisher: |
Routledge |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 31 of 198 found articles
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