Environmental Services, Externalities and Agriculture: The Case of Mountain Tourism in Morocco
This study uses hedonic pricing techniques to estimate the value of agricultural amenities in Morocco's High Atlas Mountains. The analysis is limited to positive externalities related to land use, providing indicators to better inform policy decisions effecting rural and agricultural development. Advantages linked to landscape planning and its contribution to sustaining the tourism activity are documented. Amenities specific to mountain agriculture have a positive influence on the tourist accommodation rental market and particularly on farmhouses. These advantages include joint products linked to the farmhouses bordering cultivated areas, the scenery value of annual crops, the shade and attractiveness provided by walnut trees and the presence of domestic animals.
Volume (Year): 1 (2004)
Issue (Month): 1 ()
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- 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..
- Clark, David E. & Kahn, James R., 1989. "The two-stage hedonic wage approach: A methodology for the valuation of environmental amenities," Journal of Environmental Economics and Management, Elsevier, vol. 16(2), pages 106-120, March.
- Freeman, A Myrick, III, 1979. " Hedonic Prices, Property Values and Measuring Environmental Benefits: A Survey of the Issues," Scandinavian Journal of Economics, Wiley Blackwell, vol. 81(2), pages 154-73.
- Raymond B. Palmquist, 1989. "Land as a Differentiated Factor of Production: A Hedonic Model and Its Implications for Welfare Measurement," Land Economics, University of Wisconsin Press, vol. 65(1), pages 23-28.
- Lansford, Notie H., Jr. & Jones, Lonnie L., 1995. "Recreational And Aesthetic Value Of Water Using Hedonic Price Analysis," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 20(02), December.
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