Valuation of environmental impacts of the Rural Development Program - A hedonic model with application of GIS
AbstractThe payments within the Rural Development Programme 2007- 2013 seek to improve the environment and contribute to rural development and economic growth. These policy measures may therefore have visual effects on the rural landscape. To achieve a measure of willingness to pay for these effects, a hedonic pricing approach is applied. The prices for staying at holdings in the “Staying on farms” registry are used to quantify the valuation of these visual effects. The results of this study indicate that there is a relationship between the price of rental objects and spatial variables constructed in GIS. Riparian strips and animals at the farm are positively valued. Cultivated land, grazing and meadow lands close to the settings are negatively valued. Hence, this study indicate that there is a positive willingness to pay for payments addressing user values in a diversified landscape and a negative willingness to pay for actions leading to a more monotonous landscape, such as payments to extensive grazing systems.
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Bibliographic InfoPaper provided by European Association of Agricultural Economists in its series 122nd Seminar, February 17-18, 2011, Ancona, Italy with number 98881.
Date of creation: 17 Feb 2011
Date of revision:
Hedonic Valuation; Rural landscape; Rural Development Program; GIS; Agricultural and Food Policy; Community/Rural/Urban Development; Q150; Q180; Q510;
Find related papers by JEL classification:
- Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
- Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
This paper has been announced in the following NEP Reports:
- NEP-AGR-2011-03-05 (Agricultural Economics)
- NEP-ALL-2011-03-05 (All new papers)
- NEP-ENV-2011-03-05 (Environmental Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Jean Cavailhès & Thierry Brossard & Jean-Christophe Foltête & Mohamed Hilal & Daniel Joly & François-Pierre Tourneux & Céline Tritz & Pierre Wavresky, 2009. "GIS-Based Hedonic Pricing of Landscape," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 44(4), pages 571-590, December.
- Tyrvainen, Liisa & Miettinen, Antti, 2000. "Property Prices and Urban Forest Amenities," Journal of Environmental Economics and Management, Elsevier, vol. 39(2), pages 205-223, March.
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