Valuation of Lake Resources through Hedonic Pricing

Autor:	Edward M Pettit, Panagiotis Ventikos, Timothy D Feather
Rok vydání:	1992
Předmět:	Water resources Land Values Property value Water source Econometrics Hedonic pricing Environmental science Water quality Land value Environmental planning Valuation (finance)
DOI:	10.21236/ada271900
Popis:	This report describes the application of the hedonic pricing technique (property values) to the evaluation of lake resources. Hedonic models are developed to test three hypotheses: (1) Land value of lakefront property is greater than non lake-front property. (2) The effect of lake characteristics (size and water quality) is realized in land values. (3) Water resource related impact on land value will diminish with distance from the water sources. Results confirmed all three hypotheses and illustrated the use of the hedonic technique for evaluating such environmental amenities as lake resources.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::b7bdaccaea584e13f96e41f0b5985efb https://doi.org/10.21236/ada271900 Zobrazit plný text záznamu