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La capitalisation immobilière des espaces verts dans la ville d'Angers. Une approche hédoniste

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Listed:
  • Johanna Choumert
  • Muriel Travers

Abstract

The continuous expansion of French urban areas to the detriment of rural and natural areas should logically increase the need of parks on behalf of city-dwellers. In order to determine whether these parks are capitalized into real estate values, we use a hedonic pricing model applied to the city of Angers over the period 2004-2005. We improve the traditional model by using various landscape metrics calculated with geographical information systems. We observe in particular that the distance to urban parks and their density are important factors in residential choices. Classification JEL : C31, Q51, Q57

Suggested Citation

  • Johanna Choumert & Muriel Travers, 2010. "La capitalisation immobilière des espaces verts dans la ville d'Angers. Une approche hédoniste," Revue économique, Presses de Sciences-Po, vol. 61(5), pages 821-836.
  • Handle: RePEc:cai:recosp:reco_615_0821
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    Cited by:

    1. Bénédicte Rulleau & Pierre-Alexandre Mahieu, 2012. "An overview of the landscape valuation studies conducted in France," Working Papers hal-00671540, HAL.
    2. Masha Maslianskaia-Pautrel & Catherine Baumont pba148, 2016. "The nature and impacts of environmental spillovers on housing prices: A spatial hedonic analysis," Working Papers 2016.04, FAERE - French Association of Environmental and Resource Economists.
    3. Pierre-Alexandre Mahieu & Romain Craste & Bengt Kriström & Pere Riera, 2014. "Non-market valuation in France: An overview of the research activity," Working Papers hal-01087365, HAL.

    More about this item

    JEL classification:

    • C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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