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The Influence of Recreation and Amenity Benefits of Open Space on Residential Development Patterns

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  • Kent F. Kovacs
  • Douglas M. Larson

Abstract

The kind of open space benefit, recreation, or amenity, in our spatial city model determines in part how open space influences residential development. Our model also determines the exact total social benefits of open-space policies by summing together the change in household welfare and landowner profits. Simulations examine open space benefit improvements, additional open space, housing durability, and migration, and the location patterns of two income groups. We show that the high income group is not attracted to open space if higher income makes housing demand rise faster than recreation demand.

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Bibliographic Info

Article provided by University of Wisconsin Press in its journal Land Economics.

Volume (Year): 83 (2007)
Issue (Month): 4 ()
Pages: 475-496

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Handle: RePEc:uwp:landec:v:83:y:2007:i:4:p:475-496

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Web page: http://le.uwpress.org/

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Cited by:
  1. Homans, Frances R. & Marshall, Elizabeth P., 2008. "Modeling Recreational Amenities in an Urban Setting: Location, Congestion, and Substitution Effects," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, Northeastern Agricultural and Resource Economics Association, vol. 37(2), October.
  2. Thomas Coisnon & Walid OUESLATI & Julien Salanié, 2012. "Urban sprawl occurrence under spatially varying agricultural bid-rent and amenities," Working Papers, HAL halshs-00748681, HAL.
  3. Tajibaeva, Liaila & Haight, Robert G. & Polasky, Stephen, 2008. "A discrete-space urban model with environmental amenities," Resource and Energy Economics, Elsevier, Elsevier, vol. 30(2), pages 170-196, May.
  4. Thomas Coisnon & Walid OUESLATI & Julien Salanié, 2012. "Agri-environmental policy and urban sprawl patterns: A general equilibrium analysis," Working Papers, HAL halshs-00753221, HAL.
  5. Coisnon, Thomas & Oueslati, Walid & Salanié, Julien, 2014. "Urban sprawl occurrence under spatially varying agricultural amenities," Regional Science and Urban Economics, Elsevier, Elsevier, vol. 44(C), pages 38-49.

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