Environmental amenities and agricultural land values: a hedonic model using geographic information systems data

被引:151
作者
Bastian, CT [1 ]
McLeod, DM [1 ]
Germino, MJ [1 ]
Reiners, WA [1 ]
Blasko, BJ [1 ]
机构
[1] Univ Wyoming, Dept Agr & Appl Econ, Laramie, WY 82071 USA
关键词
environmental amenities; geographic information systems data; hedonic; rural; agriculture; land values;
D O I
10.1016/S0921-8009(01)00278-6
中图分类号
Q14 [生态学(生物生态学)];
学科分类号
071012 ; 0713 ;
摘要
Remote agricultural lands, which include wildlife habitat, angling opportunities and scenic vistas, command higher prices per hectare in Wyoming than those whose landscape is dominated by agricultural production. Geographic information systems (GIS) data are used to measure recreational and scenic amenities associated with rural land, A hedonic price model is specified with GIS measures. It is used to estimate the impact of amenity and agricultural production land characteristics on price per acre for a sample of Wyoming agricultural parcels. Results indicate that the specification performed well across several functional forms. The sampled land prices are explained by the level of both environmental amenities as well as production attributes. Statistically significant amenity variables included scenic view, elk habitat, sport fishery productivity and distance to town. This analysis permits a better estimation of environmental amenity values from hedonic techniques. Improved estimation of amenity values is vital for policies aimed at open space preservation, using agricultural conservation easements and land use conflict resolution. (C) 2002 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:337 / 349
页数:13
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