价值变动:开放空间与地理

IF 1.3 4区经济学 Q3 ECONOMICS

Land Economics Pub Date : 2021-10-08 DOI:10.3368/le.97.4.011720-0005r

Alex Blanchette, Corey Lang, Jarron VanCeylon

{"title":"价值变动:开放空间与地理","authors":"Alex Blanchette, Corey Lang, Jarron VanCeylon","doi":"10.3368/le.97.4.011720-0005r","DOIUrl":null,"url":null,"abstract":"We estimate hedonic valuation models of local open space separately for 215 cities in the eastern United States and derive city-specific marginal willingness to pay (MWTP). We then examine variation in MWTP and city-level determinants. Valuation is largely local–relatively large changes in income or existing conservation lead to modest changes in MWTP–suggesting validity of benefit transfer across regions. However, geographic features that naturally limit development correlate with MWTP. As a result, we examine geographic features as instrumental variables and find that on average steep slope and water/wetlands yield valuation coefficients of opposite sign, consistent with a local average treatment effect interpretation","PeriodicalId":51378,"journal":{"name":"Land Economics","volume":"97 1","pages":"768 - 780"},"PeriodicalIF":1.3000,"publicationDate":"2021-10-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":"{\"title\":\"Variation in Valuation: Open Space and Geography\",\"authors\":\"Alex Blanchette, Corey Lang, Jarron VanCeylon\",\"doi\":\"10.3368/le.97.4.011720-0005r\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"We estimate hedonic valuation models of local open space separately for 215 cities in the eastern United States and derive city-specific marginal willingness to pay (MWTP). We then examine variation in MWTP and city-level determinants. Valuation is largely local–relatively large changes in income or existing conservation lead to modest changes in MWTP–suggesting validity of benefit transfer across regions. However, geographic features that naturally limit development correlate with MWTP. As a result, we examine geographic features as instrumental variables and find that on average steep slope and water/wetlands yield valuation coefficients of opposite sign, consistent with a local average treatment effect interpretation\",\"PeriodicalId\":51378,\"journal\":{\"name\":\"Land Economics\",\"volume\":\"97 1\",\"pages\":\"768 - 780\"},\"PeriodicalIF\":1.3000,\"publicationDate\":\"2021-10-08\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"1\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Land Economics\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://doi.org/10.3368/le.97.4.011720-0005r\",\"RegionNum\":4,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Land Economics","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.3368/le.97.4.011720-0005r","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}

引用次数: 1

摘要

本文分别估算了美国东部215个城市的局部开放空间享乐价值模型，得出了城市特定边际支付意愿(MWTP)。然后，我们研究了MWTP和城市水平决定因素的变化。评估主要是地方性的，相对于收入或现有保护的较大变化导致mwtp的适度变化，这表明了跨地区利益转移的有效性。然而，自然限制发展的地理特征与MWTP有关。因此，我们研究了地理特征作为工具变量，发现平均陡坡和水/湿地产量评估系数的符号相反，与局部平均处理效果解释一致

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

Variation in Valuation: Open Space and Geography

We estimate hedonic valuation models of local open space separately for 215 cities in the eastern United States and derive city-specific marginal willingness to pay (MWTP). We then examine variation in MWTP and city-level determinants. Valuation is largely local–relatively large changes in income or existing conservation lead to modest changes in MWTP–suggesting validity of benefit transfer across regions. However, geographic features that naturally limit development correlate with MWTP. As a result, we examine geographic features as instrumental variables and find that on average steep slope and water/wetlands yield valuation coefficients of opposite sign, consistent with a local average treatment effect interpretation

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Land Economics Multiple-

CiteScore

2.60

自引率

0.00%

发文量

期刊介绍： Land Economics is dedicated to the study of land use, natural resources, public utilities, housing, and urban land issues. Established in 1925 by the renowned economist and founder of the American Economic Association, Richard T. Ely at the University of Wisconsin, Land Economics has consistently published innovative, conceptual, and empirical research of direct relevance to economists. Each issue brings the latest results in international applied research on such topics as transportation, energy, urban and rural land use, housing, environmental quality, public utilities, and natural resources.