The Informational Content of Land Price and its Relevance for Environmental Issues

IF 16.4 1区 化学 Q1 CHEMISTRY, MULTIDISCIPLINARY
J. Ay, L. Latruffe
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引用次数: 5

Abstract

As the support of human and natural activities, land is a resource of major interest both for environmental and socio-economic issues. Research aimed at improving land 10 management and conservation has long recognized the need to integrate both issues, but a consensual and consistent framework is still lacking. We argue that land price could be one of the possible links here, as a consistent proxy for some of the multiple dimensions of values that people put 15 on land resources. We present the elementary economic theory about land price, namely the present value model, and we review the abundant empirical literature using this classical theory to study the informational content of land price. We then propose a typology of this literature, high20 lighting its strengths and weaknesses, in order to guide future environmental research which aim at drawing out some socio-economically oriented policy recommendations.
土地价格的信息内容及其与环境问题的相关性
作为人类和自然活动的支持,土地是环境和社会经济问题的主要利益资源。旨在改善土地管理和保护的研究早就认识到需要把这两个问题结合起来,但是仍然缺乏一个协商一致和一致的框架。我们认为,土地价格可能是这里的一个可能联系,作为人们对土地资源价值的某些多维度的一致代理。本文提出了关于土地价格的基本经济学理论,即现值模型,并利用这一经典理论回顾了大量实证文献,对土地价格的信息量进行了研究。然后,我们提出了这些文献的类型学,突出其优点和缺点,以指导未来的环境研究,旨在提出一些面向社会经济的政策建议。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Accounts of Chemical Research
Accounts of Chemical Research 化学-化学综合
CiteScore
31.40
自引率
1.10%
发文量
312
审稿时长
2 months
期刊介绍: Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.
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