Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.ecolecon.2019.03.025 |
Can proximity to urban green spaces be considered a luxury? Classifying a non-tradable good with the use of hedonic pricing method | |
Laszkiewicz, Edyta; Czembrowski, Piotr; Kronenberg, Jakub | |
2019-07-01 | |
发表期刊 | ECOLOGICAL ECONOMICS
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ISSN | 0921-8009 |
EISSN | 1873-6106 |
出版年 | 2019 |
卷号 | 161页码:237-247 |
文章类型 | Article |
语种 | 英语 |
国家 | Poland |
英文摘要 | Environmental goods are sometimes considered a luxury that only the rich can afford. This is no less true in the case of green spaces. However, a typical microeconomic lens is not relevant to study the potential luxury of non tradable goods. Typically, the distributional interpretation of the income elasticity of the willingness to pay (WTP) for such goods would involve stated preferences valuation methods. The possibility to describe the luxury of green space proximity based on revealed preferences methods has not been evaluated yet. Through this study, we would like to fill this gap. We proposed a three-step analysis of the apartment market in Lodz (Poland), based on the hedonic pricing method, to check how the marginal WTP (MWTP) for proximity to parks/forests differs among apartment price sub-segments. We discuss whether and to what extent the variability of the MWTP could be linked with the presumed luxury of green space proximity. We found that proximity does not result in increased apartment prices for all parks and forests. The estimated MWTP for the proximity to selected parks rises in consecutive apartment price sub-segments. This could be interpreted as a sign of the luxury of living close to these parks by apartment buyers. |
英文关键词 | Environmental justice Hedonic pricing method Spatial econometrics Urban parks and forests Marginal willingness to pay Distance decay function |
领域 | 资源环境 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000470049700024 |
WOS关键词 | WILLINGNESS-TO-PAY ; MONETARY VALUATION ; DEMAND ; SERVICES ; PRICES ; AVAILABILITY ; ELASTICITIES ; EQUITY ; IMPACT |
WOS类目 | Ecology ; Economics ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Environmental Sciences & Ecology ; Business & Economics |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/184450 |
专题 | 资源环境科学 |
作者单位 | Univ Lodz, Fac Econ & Sociol, POW 3-5, PL-90255 Lodz, Poland |
推荐引用方式 GB/T 7714 | Laszkiewicz, Edyta,Czembrowski, Piotr,Kronenberg, Jakub. Can proximity to urban green spaces be considered a luxury? Classifying a non-tradable good with the use of hedonic pricing method[J]. ECOLOGICAL ECONOMICS,2019,161:237-247. |
APA | Laszkiewicz, Edyta,Czembrowski, Piotr,&Kronenberg, Jakub.(2019).Can proximity to urban green spaces be considered a luxury? Classifying a non-tradable good with the use of hedonic pricing method.ECOLOGICAL ECONOMICS,161,237-247. |
MLA | Laszkiewicz, Edyta,et al."Can proximity to urban green spaces be considered a luxury? Classifying a non-tradable good with the use of hedonic pricing method".ECOLOGICAL ECONOMICS 161(2019):237-247. |
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