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Hedonic Pricing of Agriculture and Forestry Externalities

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  • Philippe Le Goffe

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    Abstract

    In this study, the hedonic price method was used toidentify and monetarize some of the external effectsof agricultural and sylvicultural activities. Weexamined the renting price of ruralself-catering cottages, or gîtes. Intensivelivestock farming caused the renting-price ofgîtes to decrease, whereas permanent grassland hadthe opposite effect. Copyright Kluwer Academic Publishers 2000

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    File URL: http://hdl.handle.net/10.1023/A:1008383920586
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    Bibliographic Info

    Article provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.

    Volume (Year): 15 (2000)
    Issue (Month): 4 (April)
    Pages: 397-401

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    Handle: RePEc:kap:enreec:v:15:y:2000:i:4:p:397-401

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    Web page: http://www.springerlink.com/link.asp?id=100263

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    Keywords: agriculture; benefit; damage; environment; externality; forestry; hedonic pricing; tourism; valuation;

    References

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    1. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
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    Cited by:
    1. Johanna Choumert & Shanaka HERATH & Gunther MAIER, 2014. "The value of the greenbelt in Vienna: a spatial hedonic analysis," Working Papers halshs-00939270, HAL.
    2. Carole. Ropars-Collet & Philippe Le Goffe, 2009. "Modèle bioéconomique appliqué à la gestion du sanglier, dégâts agricoles et prix des chasses en forêt domaniale," Post-Print hal-00730019, HAL.
    3. Steve Gibbons & Susana Mourato & Guilherme Resende, 2011. "The amenity value of English nature: a hedonic price approach," LSE Research Online Documents on Economics 33594, London School of Economics and Political Science, LSE Library.
    4. Sengupta, Sanchita & Osgood, Daniel E., 2002. "Valuation Of Ranchette Amenities: A Hedonic Approach," 2002 Annual Meeting, July 28-31, 2002, Long Beach, California 36547, Western Agricultural Economics Association.
    5. Coisnon, Thomas & Oueslati, Walid & Salanié, Julien, 2014. "Urban sprawl occurrence under spatially varying agricultural amenities," Regional Science and Urban Economics, Elsevier, vol. 44(C), pages 38-49.
    6. Thomas Coisnon & Walid OUESLATI & Julien Salanié, 2012. "Urban sprawl occurrence under spatially varying agricultural bid-rent and amenities," Working Papers halshs-00748681, HAL.
    7. Mollard, A. & Rambonilaza, M. & Vollet, D., 2004. "Market structure and environmental amenities in hedonic pricing of rural cottages," Working Papers 200427, Grenoble Applied Economics Laboratory (GAEL).
    8. Andersson, Hans & Hoffmann, Ruben, 2008. "Spatial Competition and Farm Tourism - A Hedonic Pricing Model," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6156, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    9. Bontemps, C. & Simioni, M. & Surry, Y., 2006. "Semiparametric hedonic price models : assessing the effects of agricultural nonpoint source pollution," Economics Working Paper Archive (Toulouse) 200602, French Institute for Agronomy Research (INRA), Economics Laboratory in Toulouse (ESR Toulouse).
    10. Hajkowicz, Stefan, 2006. "Multi-attributed environmental index construction," Ecological Economics, Elsevier, vol. 57(1), pages 122-139, April.
    11. Elsasser, Peter & Meyerhoff, Jürgen & Montagné, Claire & Stenger, Anne, 2009. "A bibliography and database on forest benefit valuation studies from Austria, France, Germany, and Switzerland - A possible base for a concerted European approach," Journal of Forest Economics, Elsevier, vol. 15(1-2), pages 93-107, January.
    12. Michel Trommetter & Alban Richard, 2000. "Choix de mécanismes incitatifs dans les contrats agri-environnementaux," Économie et Prévision, Programme National Persée, vol. 145(4), pages 145-155.
    13. Jean-Daniel Saphores & Ismael Aguilar-Benitez, 2005. "Smelly local polluters and residential property values: A hedonic analysis of four Orange County (California) cities," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 20(2), pages 197-218.
    14. Liljenstolpe, Carolina, 2011. "Valuation of environmental impacts of the Rural Development Program - A hedonic model with application of GIS," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114383, European Association of Agricultural Economists.
    15. Sengupta, Sanchita & Osgood, Daniel Edward, 2003. "The value of remoteness: a hedonic estimation of ranchette prices," Ecological Economics, Elsevier, vol. 44(1), pages 91-103, February.

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