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Amenity values of spatial configurations of forest landscapes over space and time in the Southern Appalachian Highlands

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  • Cho, Seong-Hoon
  • Kim, Seung Gyu
  • Roberts, Roland K.
  • Jung, Suhyun

Abstract

This research analyzes amenity values of spatial configurations of forest landscapes over space and time in the Southern Appalachian Highlands using geographically weighted regression (GWR) in a hedonic housing-price framework with a census-block group (CBG) dataset. Results show that housing-price response to mean forest-patch size and forest-patch density increased substantially between 1990 and 2000 in a few specific areas with economically significant amenity values. The spatial and temporal dynamics of the resulting amenity-value estimates are evaluated for potential use as site-selection indicators for implementation of forest conservation programs.

Suggested Citation

  • Cho, Seong-Hoon & Kim, Seung Gyu & Roberts, Roland K. & Jung, Suhyun, 2009. "Amenity values of spatial configurations of forest landscapes over space and time in the Southern Appalachian Highlands," Ecological Economics, Elsevier, vol. 68(10), pages 2646-2657, August.
  • Handle: RePEc:eee:ecolec:v:68:y:2009:i:10:p:2646-2657
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    References listed on IDEAS

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    Cited by:

    1. Charlotte Ham & John B. Loomis & Patricia A. Champ, 2015. "Relative Economic Values of Open Space Provided by National Forest and Military Lands to Surrounding Communities," Growth and Change, Wiley Blackwell, vol. 46(1), pages 81-96, March.
    2. Pitchayaporn Tantihkarnchana & Gregmar Galinato, 2014. "The Amenity Value of Climate Change Across Different Regions in the United States," Working Papers 2014-9, School of Economic Sciences, Washington State University.
    3. Chadourne, Matthew H. & Cho, Seong-Hoon & Roberts, Roland K., 2011. "Ridge, Slope, and Hillside Protection Taskforce Projects in Knox County, Tennessee: Costs and Benefits of Reforestation of Target Areas," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103846, Agricultural and Applied Economics Association.
    4. repec:eee:ecolec:v:149:y:2018:i:c:p:149-159 is not listed on IDEAS
    5. Matthew Chadourne & Seong-Hoon Cho & Roland Roberts, 2013. "Identifying priority target areas for the Knoxville–Knox County hillside and ridgetop protection plan: using the value of visual amenity during the real estate boom of 2002–2007 and the recession of 2," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 50(3), pages 911-934, June.
    6. Dan S. Rickman & Shane D. Rickman, 2011. "Population Growth In High‐Amenity Nonmetropolitan Areas: What'S The Prognosis?," Journal of Regional Science, Wiley Blackwell, vol. 51(5), pages 863-879, December.
    7. Charlotte Ham & Patricia A. Champ & John B. Loomis & Robin M. Reich, 2012. "Accounting for Heterogeneity of Public Lands in Hedonic Property Models," Land Economics, University of Wisconsin Press, vol. 88(3), pages 444-456.
    8. Yoo, James & Ready, Richard, 2016. "The impact of agricultural conservation easement on nearby house prices: Incorporating spatial autocorrelation and spatial heterogeneity," Journal of Forest Economics, Elsevier, vol. 25(C), pages 78-93.
    9. Hendee, Jacob T. & Flint, Courtney G., 2013. "Managing private forestlands along the public–private interface of Southern Illinois: Landowner forestry decisions in a multi-jurisdictional landscape," Forest Policy and Economics, Elsevier, vol. 34(C), pages 47-55.
    10. Waltert, Fabian & Schläpfer, Felix, 2010. "Landscape amenities and local development: A review of migration, regional economic and hedonic pricing studies," Ecological Economics, Elsevier, vol. 70(2), pages 141-152, December.
    11. Cho, Seong-Hoon & Roberts, Roland K. & Kim, Seung Gyu, 2011. "Negative externalities on property values resulting from water impairment: The case of the Pigeon River Watershed," Ecological Economics, Elsevier, vol. 70(12), pages 2390-2399.
    12. Siriwardena, Shyamani D. & Boyle, Kevin J. & Holmes, Thomas P. & Wiseman, P. Eric, 2016. "The implicit value of tree cover in the U.S.: A meta-analysis of hedonic property value studies," Ecological Economics, Elsevier, vol. 128(C), pages 68-76.
    13. Mark D. Partridge & Dan S. Rickman, 2012. "Integrating Regional Economic Development Analysis and Land Use Economics," Economics Working Paper Series 1203, Oklahoma State University, Department of Economics and Legal Studies in Business.
    14. Hjerpe, Evan & Kim, Yeon-Su & Dunn, Leah, 2016. "Forest density preferences of homebuyers in the wildland-urban interface," Forest Policy and Economics, Elsevier, vol. 70(C), pages 56-66.

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