Category: Hedonic Analysis

Spatial planning procedures and property prices: The role of expectations

Abstract: The objective of this paper is to show if, and to what extent, spatial planning procedures affect residential property prices. To answer this question we used data on residential property prices from an area in the Netherlands called Midden-De… more »

Predicting the economic costs and property value losses attributed to sudden oak death damage in California (2010–2020)

Abstract: Phytophthora ramorum, cause of sudden oak death, is a quarantined, non-native, invasive forest pathogen resulting in substantial mortality in coastal live oak (Quercus agrifolia) and several other related tree species on the Pacific Coast of t… more »

The Value of Inherent Soil Characteristics: A Hedonic Analysis

Abstract: In an attempt to value soil natural capital, we use the inherent characteristics of soil and land valuation data to examine the relationship between soil characteristics and rural farmland values in the 6000ks2 Manawatu catchment in New Zealan… more »

Which hedonic models can we trust to recover the marginal willingness to pay for environmental amenities?

Abstract: The hedonic property value model is among our foremost tools for evaluating the economic consequences of policies that target the supply of local public goods, environmental services, and urban amenities. We design a theoretically consistent a… more »