The Influence Of Wetland Type And Wetland Proximity On Residential Property Values
Using detailed residential housing and wetland location data, we determine relative preferences for proximity to four broad classes of wetlands, as expressed through housing values. Implicit prices for proximity to open-water and scrub-shrub wetlands are relatively higher than those for emergent-vegetation and forested wetlands.
Volume (Year): 21 (1996)
Issue (Month): 01 (July)
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Book chapters authored by Upjohn Institute researchers,in: V. Kerry Smith (ed.), Estimating Economic Values for Nature: Methods for Non-Market Valuation, pages 271-318
W.E. Upjohn Institute for Employment Research.
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