Using a geographic information system to estimate an hedonic price model of the benefits of woodland access

Forestry

Volumn 70, Issue 2, 1997, Pages 139-149

  Powe, N A ^a   Garrod, G D ^a   Brunsdon, C F ^a   Willis, K G ^a  

^a NEWCASTLE UNIVERSITY   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

AESTHETIC BENEFITS; ENVIRONMENTAL ECONOMICS; GIS; HEDONIC PRICE METHOD; HOUSING PRICES; METHODOLOGICAL APPROACH; WOODLAND ACCESS;

UK;

EID: 0030619743     PISSN: 0015752X     EISSN: None     Source Type: Journal    
DOI: 10.1093/forestry/70.2.139     Document Type: Article

References (14)

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2. Department of Environment 1992 Housing and Construction Statistics. HMSO, London.
3. Department of Environment 1994 Housing and Construction Statistics. HMSO, London.
4. Freeman, A.M. 1979 Hedonic prices, property values and measuring environmental benefits. Scand. J. Econ. 81, 154-173.
5. Garrod, G.D. and Allanson, P.F. 1991 The choice of functional forms for hedonic price functions. Countryside Change Initiative, Working Paper No 23, Department of Agricultural Economics and Food Marketing, University of Newcastle upon Tyne.
6. Garrod, G.D. and Willis, K.G. 1992 Valuing goods' characteristics: an application of the hedonic price method to environmental attributes. J. Env. Manage. 34, 59-76.
7. Garrod, G.D. and Willis, K.G. 1994 The transferability of environmental benefits: a review of recent research in water resources management. Working Paper No 12, Centre for Rural Economy, University of Newcastle upon Tyne.
8. Harrison, D. and Rubinfield, D.L. 1978 Hedonic housing prices and the demand for clean air. J. Env. Econ. Manage. 5, 81-102.
9. Lancaster, K.J. 1966 A new approach to consumer theory. J. Pol. Econ. 74, 132-157.
10. Maddala, G.S. 1992 Introduction to Econometrics, 2nd Edn. Macmillan Publishing Company, New York.
11. Morales, D.J. 1980 The contribution of trees to residential property value. J. Arboric. 6, 305-308.
12. Powe, N.A., Garrod, G.D. and Willis, K.G. 1995 Valuation of urban amenities using an hedonic price model. J. Prop. Res. 12, 137-147.
13. Price, C. 1995 The pros and cons of alternative valuation methods. In Environmental Valuation New Perspectives. K.G. Willis and J.T. Corkindale (eds). CAB International, Wallingford.
14. Willis, K.G. and Garrod, G.D. 1992 Amenity value of forests in Great Britain and its impact on the internal rate of return from forestry. Forestry 65, 331-346.