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Hedonic Pricing of Agriculture and Forestry Externalities

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  • Philippe Le Goffe

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Abstract

In this study, the hedonic price method was used toidentify and monetarize some of the external effectsof agricultural and sylvicultural activities. Weexamined the renting price of ruralself-catering cottages, or gîtes. Intensivelivestock farming caused the renting-price ofgîtes to decrease, whereas permanent grassland hadthe opposite effect. Copyright Kluwer Academic Publishers 2000

Suggested Citation

  • Philippe Le Goffe, 2000. "Hedonic Pricing of Agriculture and Forestry Externalities," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 15(4), pages 397-401, April.
  • Handle: RePEc:kap:enreec:v:15:y:2000:i:4:p:397-401
    DOI: 10.1023/A:1008383920586
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    References listed on IDEAS

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    1. 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..
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    Cited by:

    1. Shanaka Herath & Johanna Choumert & Gunther Maier, 2015. "The value of the greenbelt in Vienna: a spatial hedonic analysis," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 54(2), pages 349-374, March.
    2. Paul Thorsnes, 2002. "The Value of a Suburban Forest Preserve: Estimates from Sales of Vacant Residential Building Lots," Land Economics, University of Wisconsin Press, vol. 78(3), pages 426-441.
    3. Thomas Coisnon & Walid Oueslati & Julien Salanié, 2012. "Urban sprawl occurrence under spatially varying agricultural bid-rent and amenities," Working Papers halshs-00748681, HAL.
    4. Stephen Gibbons & Susana Mourato & Guilherme Resende, 2014. "The Amenity Value of English Nature: A Hedonic Price Approach," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 57(2), pages 175-196, February.
    5. Carole Ropars-Collet & Philippe Le Goffe, 2009. "Modèle bioéconomique appliqué à la gestion du sanglier, dégâts agricoles et prix des chasses en forêt domaniale," Post-Print hal-00730019, HAL.
    6. Bilbao-Terol , Celia & Valdés , Luis, 2015. "The environmental setting, farming activities and rural accommodation prices," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 33, pages 33-51.
    7. Coisnon, Thomas & Oueslati, Walid & Salanié, Julien, 2014. "Urban sprawl occurrence under spatially varying agricultural amenities," Regional Science and Urban Economics, Elsevier, vol. 44(C), pages 38-49.
    8. Andersson, Hans & Hoffmann, Ruben, 2008. "Spatial Competition and Farm Tourism - A Hedonic Pricing Model," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6156, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    9. Lundhede, Thomas Hedemark & Jacobsen, Jette Bredahl & Thorsen, Bo Jellesmark, 2015. "A hedonic analysis of the complex hunting experience," Journal of Forest Economics, Elsevier, vol. 21(2), pages 51-66.
    10. Mollard, A. & Rambonilaza, M. & Vollet, D., 2004. "Market structure and environmental amenities in hedonic pricing of rural cottages," Working Papers 200427, Grenoble Applied Economics Laboratory (GAEL).
    11. Jean-Daniel Saphores & Ismael Aguilar-Benitez, 2005. "Smelly local polluters and residential property values: A hedonic analysis of four Orange County (California) cities," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 20(2), pages 197-218.
    12. Jeffrey J. Pompe & Jody W. Lipford, 2005. "Putting Private Lands into Public Hands: Explaining Voter Choices to Purchase Public Lands," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 20(Spring 20), pages 1-26.
    13. Elsasser, Peter & Meyerhoff, Jürgen & Montagné, Claire & Stenger, Anne, 2009. "A bibliography and database on forest benefit valuation studies from Austria, France, Germany, and Switzerland - A possible base for a concerted European approach," Journal of Forest Economics, Elsevier, vol. 15(1-2), pages 93-107, January.
    14. Ian A. Munn & Anwar Hussain, 2010. "Factors Determining Differences in Local Hunting Lease Rates: Insights from Blinder-Oaxaca Decomposition," Land Economics, University of Wisconsin Press, vol. 86(1), pages 66-78.
    15. Olivier JOALLAND & Tina RAMBONILAZA, 2017. "Assessing the impact of renewable energy infrastructure on the “tourist value” in rural landscapes: a spatial hedonic approach," Cahiers du GREThA 2017-10, Groupe de Recherche en Economie Théorique et Appliquée.
    16. Hajkowicz, Stefan, 2006. "Multi-attributed environmental index construction," Ecological Economics, Elsevier, vol. 57(1), pages 122-139, April.
    17. Christophe Bontemps & Michel Simioni & Yves Surry, 2008. "Semiparametric hedonic price models: assessing the effects of agricultural nonpoint source pollution," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 23(6), pages 825-842.
    18. Nilsson, Fredrik O. L., 2007. "Transaction costs of agri-environmental policy measures," Department of Economics publications 3100, Swedish University of Agricultural Sciences, Department of Economics.
    19. Sengupta, Sanchita & Osgood, Daniel Edward, 2003. "The value of remoteness: a hedonic estimation of ranchette prices," Ecological Economics, Elsevier, vol. 44(1), pages 91-103, February.
    20. B. Biagi & MG. Brandano & D. Lambiri, 2012. "Does tourism affect house prices? Some evidence from Italy," Working Paper CRENoS 201227, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    21. Liljenstolpe, Carolina, 2011. "Valuation of environmental impacts of the Rural Development Program - A hedonic model with application of GIS," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114383, European Association of Agricultural Economists.
    22. Alban Richard & Michel Trommetter, 2000. "Choix de mécanismes incitatifs dans les contrats agri-environnementaux," Économie et Prévision, Programme National Persée, vol. 145(4), pages 145-155.
    23. Sengupta, Sanchita & Osgood, Daniel E., 2002. "Valuation Of Ranchette Amenities: A Hedonic Approach," 2002 Annual Meeting, July 28-31, 2002, Long Beach, California 36547, Western Agricultural Economics Association.

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