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Preferences for urban green spaces and peri-urban forests: An analysis of stated residential choices

Author

Listed:
  • Gengyang Tu

    (Laboratoire d'Economie Forestière, INRA - AgroParisTech)

  • Jens Abildtrup

    (Laboratoire d'Economie Forestière, INRA - AgroParisTech)

  • Serge Garcia

    (Laboratoire d'Economie Forestière, INRA - AgroParisTech)

Abstract

This paper assesses the value of urban green spaces, specifically peri-urban forests and their potential substitutes, for the local population on the basis of their residential choice. We applied a choice experiment (CE) that focuses on trade-offs between private housing characteristics and the environmental aspects of neighborhood. Individual willingness to pay (WTP) is estimated from a latent class model and a mixed logit model along with a WTP space approach. Our results show that green spaces provide both direct use value (recreation) and indirect use value (scenic views). We find that peri-urban forests and parks are not substitutes. However, ownership of a private garden reduces the WTP to live closer to an urban park.

Suggested Citation

  • Gengyang Tu & Jens Abildtrup & Serge Garcia, 2015. "Preferences for urban green spaces and peri-urban forests: An analysis of stated residential choices," Working Papers - Cahiers du LEF 2015-02, Laboratoire d'Economie Forestiere, AgroParisTech-INRA, revised Feb 2015.
    • Handle: RePEc:lef:wpaper:2015-02
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    File URL: http://www6.nancy.inra.fr/lef/Cahiers-du-LEF/2015/2015-02
    File Function: First version, 2010
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    More about this item

    Keywords

    Choice experiment; residential location; urban green spaces; latent class model; mixed logit model; willingness-to pay space;
    All these keywords.

    JEL classification:

    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling

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