Benefits from Urban Open Space and Recreational Parks: A Case Study

Autor:	John K. Hagerty, P. Geoffrey Allen, Thomas A. More, Thomas H. Stevens
Rok vydání:	1982
Předmět:	System development House price Urban open space Recreational Parks 0502 economics and business 05 social sciences Hedonic pricing Advertising 050202 agricultural economics & policy Business 050207 economics Recreation Agricultural economics
Zdroj:	Journal of the Northeastern Agricultural Economics Council. 11:13-20
ISSN:	2398-4635 0163-5484
Popis:	The hedonic pricing technique was used to measure that component of house price attributable to proximity to a city park, using data on sale prices and characteristics of houses in Worcester, MA. Aggregation of these residual values over all houses in the neighborhood of a park provided an estimate of the value of the park, to which was added an estimate of recreation benefits from extrazonal users. The policy question of park system development or contraction was addressed by comparing these benefits with operating costs to gain a net measure of parkland value.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::195a0edf3c6af4921d3015f3fa8104c9 https://doi.org/10.1017/s0163548400003125 Zobrazit plný text záznamu