IDEAS home Printed from https://ideas.repec.org/a/kap/enreec/v57y2014i2p251-272.html
   My bibliography  Save this article

The Value of Urban Green Space in Britain: A Methodological Framework for Spatially Referenced Benefit Transfer

Author

Listed:
  • Grischa Perino

    ()

  • Barnaby Andrews
  • Andreas Kontoleon
  • Ian Bateman

Abstract

A meta-analysis of studies valuing urban greenspace in the UK is undertaken to yield spatially sensitive marginal value functions. A geographical information system (GIS) is used to apply these functions to spatial data detailing the location of such greenspace resources in five British cities. Changes in monetary values are computed for the six future scenarios used in the UK National Ecosystem Assessment for the period 2010–2060. Different degrees of substitutability between urban greenspaces are considered. These findings are then extrapolated to all major British cities to obtain per household and aggregate valuation estimates for each scenario both with and without distributional weights. While subject to a number of shortcomings in both data availability and methodology, this represents the first systematic and comprehensive attempt to value marginal changes in urban greenspace while accounting for spatial heterogeneity. Copyright Springer Science+Business Media Dordrecht 2014

Suggested Citation

  • Grischa Perino & Barnaby Andrews & Andreas Kontoleon & Ian Bateman, 2014. "The Value of Urban Green Space in Britain: A Methodological Framework for Spatially Referenced Benefit Transfer," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 57(2), pages 251-272, February.
  • Handle: RePEc:kap:enreec:v:57:y:2014:i:2:p:251-272
    DOI: 10.1007/s10640-013-9665-8
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s10640-013-9665-8
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Kirchhoff, Stefanie & Colby, Bonnie G. & LaFrance, Jeffrey T., 1997. "Evaluating the Performance of Benefit Transfer: An Empirical Inquiry," Journal of Environmental Economics and Management, Elsevier, vol. 33(1), pages 75-93, May.
    2. Bateman, Ian J. & Day, Brett H. & Georgiou, Stavros & Lake, Iain, 2006. "The aggregation of environmental benefit values: Welfare measures, distance decay and total WTP," Ecological Economics, Elsevier, vol. 60(2), pages 450-460, December.
    3. Bergstrom, John C. & Taylor, Laura O., 2006. "Using meta-analysis for benefits transfer: Theory and practice," Ecological Economics, Elsevier, vol. 60(2), pages 351-360, December.
    4. Cheshire, Paul & Sheppard, Stephen, 1995. "On the Price of Land and the Value of Amenities," Economica, London School of Economics and Political Science, vol. 62(246), pages 247-267, May.
    5. Nick Hanley & Jacqui Knight, 1992. "Valuing the Environment: Recent UK Experience and an Application to Green Belt Land," Working Papers Series 92/11, University of Stirling, Division of Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:kap:enreec:v:67:y:2017:i:1:d:10.1007_s10640-015-9979-9 is not listed on IDEAS
    2. repec:kap:jgeosy:v:19:y:2017:i:2:d:10.1007_s10109-017-0247-0 is not listed on IDEAS
    3. repec:eee:ecoser:v:22:y:2016:i:pa:p:1-10 is not listed on IDEAS
    4. Bertram, Christine & Rehdanz, Katrin, 2015. "The role of urban green space for human well-being," Ecological Economics, Elsevier, vol. 120(C), pages 139-152.
    5. Jasper N. Meya, 2018. "Environmental Inequality and Economic Valuation," Working Papers V-416-18, University of Oldenburg, Department of Economics, revised Dec 2018.
    6. Ian Bateman & Amii Harwood & David Abson & Barnaby Andrews & Andrew Crowe & Steve Dugdale & Carlo Fezzi & Jo Foden & David Hadley & Roy Haines-Young & Mark Hulme & Andreas Kontoleon & Paul Munday & Un, 2014. "Economic Analysis for the UK National Ecosystem Assessment: Synthesis and Scenario Valuation of Changes in Ecosystem Services," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 57(2), pages 273-297, February.
    7. repec:eee:ecoser:v:27:y:2017:i:pa:p:70-81 is not listed on IDEAS
    8. Votsis, Athanasios, 2017. "Planning for green infrastructure: The spatial effects of parks, forests, and fields on Helsinki's apartment prices," Ecological Economics, Elsevier, vol. 132(C), pages 279-289.
    9. Nabila Arfaoui & Amandine Gnonlonfin, 2019. "The economic value of NBS restoration measures and their benefits in a river basin context: A meta-analysis regression," Policy Papers 2019.02, FAERE - French Association of Environmental and Resource Economists.

    More about this item

    Keywords

    UK National Ecosystem Assessment; Urban greenspace ; Spatially referenced benefit transfer; Q51; Q57; R0;

    JEL classification:

    • 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
    • R0 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:enreec:v:57:y:2014:i:2:p:251-272. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla) or (Springer Nature Abstracting and Indexing). General contact details of provider: http://www.springer.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.