IDEAS home Printed from https://ideas.repec.org/a/pio/envira/v39y2007i9p2099-2118.html
   My bibliography  Save this article

The WTP for facilities at the Amsterdam Zuidas

Author

Listed:
  • Thomas de Graaff
  • Henri L F de Groot
  • Caroline A Rodenburg
  • Erik T Verhoef

Abstract

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.

Suggested Citation

  • Thomas de Graaff & Henri L F de Groot & Caroline A Rodenburg & Erik T Verhoef, 2007. "The WTP for facilities at the Amsterdam Zuidas," Environment and Planning A, Pion Ltd, London, vol. 39(9), pages 2099-2118, September.
  • Handle: RePEc:pio:envira:v:39:y:2007:i:9:p:2099-2118
    as

    Download full text from publisher

    File URL: http://www.envplan.com/abstract.cgi?id=a39172
    File Function: abstract
    Download Restriction: Fulltext access restricted to subscribers, see http://www.envplan.co.uk/A.html for details

    File URL: http://www.envplan.com/epa/fulltext/a39/a39172.pdf
    File Function: main text
    Download Restriction: Fulltext access restricted to subscribers, see http://www.envplan.co.uk/A.html for details

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

    Other versions of this item:

    References listed on IDEAS

    as
    1. Heckman, James J & Honore, Bo E, 1990. "The Empirical Content of the Roy Model," Econometrica, Econometric Society, vol. 58(5), pages 1121-1149, September.
    2. Louviere,Jordan J. & Hensher,David A. & Swait,Joffre D., 2000. "Stated Choice Methods," Cambridge Books, Cambridge University Press, number 9780521788304.
    3. Johansson,Per-Olov, 1987. "The Economic Theory and Measurement of Environmental Benefits," Cambridge Books, Cambridge University Press, number 9780521348102.
    4. 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.
    5. 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.
    6. Elena G. Irwin & Nancy E. Bockstael, 2001. "The Problem of Identifying Land Use Spillovers: Measuring the Effects of Open Space on Residential Property Values," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(3), pages 698-704.
    7. Geoghegan, Jacqueline & Wainger, Lisa A. & Bockstael, Nancy E., 1997. "Spatial landscape indices in a hedonic framework: an ecological economics analysis using GIS," Ecological Economics, Elsevier, vol. 23(3), pages 251-264, December.
    8. A. D. Roy, 1951. "Some Thoughts On The Distribution Of Earnings," Oxford Economic Papers, Oxford University Press, vol. 3(2), pages 135-146.
    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. Caroline A. Rodenburg & Peter Nijkamp & Henri L.F. De Groot & Erik T. Verhoef, 2008. "Valuation Of Multi-Functional Land Use By Commercial Investors: A Case Study On The Amsterdam Zuidas Mega-Project," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 99(4), pages 454-469, September.
    2. Alexander, Matthew & Hamilton, Kathy, 2015. "A ‘placeful’ station? The community role in place making and improving hedonic value at local railway stations," Transportation Research Part A: Policy and Practice, Elsevier, vol. 82(C), pages 65-77.

    More about this item

    JEL classification:

    • C42 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Survey Methods
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns

    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:pio:envira:v:39:y:2007:i:9:p:2099-2118. 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: (Neil Hammond). General contact details of provider: http://www.pion.co.uk .

    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.