The WTP for facilities at the Amsterdam Zuidas
This paper reports the results of a stated preference study investigating the willingness-to-pay (WTP) of employees at the Amsterdam Zuidas for the presence of nonshopping and shopping facilities. The Amsterdam Zuidas area, surrounding the current train – metro – tram station Amsterdam Zuid World-Trade-Centre, is the largest multifunctional land-use project currently under development in the Netherlands. For nonshopping facilities, the results show that employees have the highest WTP for the presence of day-care centres and public transport facilities, and the lowest for public and recreation facilities. The average WTP for the presence of nonshopping facilities amounts to approximately €29 per month per employee. The WTP for the presence of shopping facilities is estimated at €25 per month per employee on average, and is in absolute value highest for supermarkets and lowest for flowershops and dry cleaners.
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- Elena G. Irwin, 2002. "The Effects of Open Space on Residential Property Values," Land Economics, University of Wisconsin Press, vol. 78(4), pages 465-480.
- Song, Yan & Knaap, Gerrit-Jan, 2004. "Measuring the effects of mixed land uses on housing values," Regional Science and Urban Economics, Elsevier, vol. 34(6), pages 663-680, November.
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- repec:cup:cbooks:9780521348102 is not listed on IDEAS
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