The Impact of Conservation Easements on Housing Prices in US Counties
Author
Abstract
Suggested Citation
DOI: 10.22004/ag.econ.361122
Download full text from publisher
References listed on IDEAS
- Joshua Gallin, 2006. "The Long-Run Relationship between House Prices and Income: Evidence from Local Housing Markets," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 34(3), pages 417-438, September.
- Alexander N. Bogin & William M. Doerner & William D. Larson, 2020.
"Correction to: Local House Price Paths: Accelerations, Declines, and Recoveries,"
The Journal of Real Estate Finance and Economics, Springer, vol. 61(4), pages 732-733, November.
- Alexander N. Bogin & William M. Doerner & William D. Larson, 2019. "Local House Price Paths: Accelerations, Declines, and Recoveries," The Journal of Real Estate Finance and Economics, Springer, vol. 58(2), pages 201-222, February.
- Rebecca Lessem & Sarah Niebler & Carly Urban, 2023. "Do house prices affect campaign contributions?," Economics and Politics, Wiley Blackwell, vol. 35(2), pages 629-660, July.
- 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.
- Matthew Richardson & Pengfei Liu & Michael Eggleton, 2022. "Valuation of Wetland Restoration: Evidence from the Housing Market in Arkansas," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 81(3), pages 649-683, March.
- Lupi, Frank & Graham-Tomasi, Theodore & Taff, Steven J., 1991. "A Hedonic Approach To Urban Wetland Valuation," Staff Papers 13284, University of Minnesota, Department of Applied Economics.
- Wu, JunJie & Plantinga, Andrew J., 2003. "The influence of public open space on urban spatial structure," Journal of Environmental Economics and Management, Elsevier, vol. 46(2), pages 288-309, September.
- Larkin, Sherry L. & Alavalapati, Janaki R. & Shrestha, Ram K., 2005. "Estimating the Cost of Preserving Private Lands in Florida: An Hedonic Analysis," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 37(1), pages 115-130, April.
- Jan K. Brueckner & Jacques-François Thisse & Yves Zenou, 1999. "Why is central Paris rich and downtown Detroit poor?," Post-Print hal-04103047, HAL.
- Eli Beracha & M. Babajide Wintoki, 2013. "Forecasting Residential Real Estate Price Changes from Online Search Activity," Journal of Real Estate Research, American Real Estate Society, vol. 35(3), pages 283-312.
- Jay Mittal, 2014. "Value Capitalization Effect of Protected Properties: A Comparison of Conservation Easement with Mixed-Bag Open Spaces," Journal of Sustainable Real Estate, Taylor & Francis Journals, vol. 6(1), pages 23-45, January.
- Alexander N. Bogin & William M. Doerner & William D. Larson, 2019. "Missing the Mark: Mortgage Valuation Accuracy and Credit Modeling," Financial Analysts Journal, Taylor & Francis Journals, vol. 75(1), pages 32-47, February.
- Seth Payton & Greg Lindsey & Jeff Wilson & John Ottensmann & Joyce Man, 2008. "Valuing the benefits of the urban forest: a spatial hedonic approach," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 51(6), pages 717-736.
- 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.
- Mikhed, Vyacheslav & Zemcík, Petr, 2009.
"Do house prices reflect fundamentals? Aggregate and panel data evidence,"
Journal of Housing Economics, Elsevier, vol. 18(2), pages 140-149, June.
- Vyacheslav Mikhed & Petr Zemcik, 2007. "Do House Prices Reflect Fundamentals? Aggregate and Panel Data Evidence," CERGE-EI Working Papers wp337, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
- Brueckner, Jan K. & Thisse, Jacques-Francois & Zenou, Yves, 1999.
"Why is central Paris rich and downtown Detroit poor?: An amenity-based theory,"
European Economic Review, Elsevier, vol. 43(1), pages 91-107, January.
- Brueckner, J.K. & Thisse, J.-F. & Zenou, Y., 1996. "Why is central Paris rich and downtown Detroit poor ? An amenity-based theory," LIDAM Discussion Papers CORE 1996065, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- BRUECKNER, Jan K. & THISSE, Jacques-François & ZENOU, Yves, 1999. "Why is central Paris rich and downtown Detroit poor? An amenity-based theory," LIDAM Reprints CORE 1370, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Doss, Cheryl R. & Taff, Steven J., 1996. "The Influence Of Wetland Type And Wetland Proximity On Residential Property Values," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 21(01), pages 1-10, July.
- Jeffrey P. Cohen & Robert G. Cromley & Kevin T. Banach, 2015. "Are Homes Near Water Bodies and Wetlands Worth More or Less? An Analysis of Housing Prices in One Connecticut Town," Growth and Change, Wiley Blackwell, vol. 46(1), pages 114-132, March.
- Alexander Bogin & William Doerner & William Larson, 2019.
"Local House Price Dynamics: New Indices and Stylized Facts,"
Real Estate Economics, American Real Estate and Urban Economics Association, vol. 47(2), pages 365-398, June.
- Alexander N. Bogin & William M. Doerner & William D. Larson, 2016. "Local House Price Dynamics: New Indices and Stylized Facts," FHFA Staff Working Papers 16-01, Federal Housing Finance Agency.
- John F. Chamblee & Peter F. Colwell & Carolyn A. Dehring & Craig A. Depken, 2011. "The Effect of Conservation Activity on Surrounding Land Prices," Land Economics, University of Wisconsin Press, vol. 87(3), pages 453-472.
- Anderson, Soren T. & West, Sarah E., 2006. "Open space, residential property values, and spatial context," Regional Science and Urban Economics, Elsevier, vol. 36(6), pages 773-789, November.
- 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.
- Lori Lynch & Wesley N. Musser, 2001.
"A Relative Efficiency Analysis of Farmland Preservation Programs,"
Land Economics, University of Wisconsin Press, vol. 77(4), pages 577-594.
- Lynch, Lori & Musser, Wesley N., 1999. "A Relative Efficiency Analysis Of Farmland Preservation Programs," 1999 Annual meeting, August 8-11, Nashville, TN 21639, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Lynch, Lori & Musser, Wesley N., 2000. "A Relative Efficiency Analysis Of Farmland Preservation Programs," Working Papers 28592, University of Maryland, Department of Agricultural and Resource Economics.
- Tyrvainen, Liisa & Miettinen, Antti, 2000. "Property Prices and Urban Forest Amenities," Journal of Environmental Economics and Management, Elsevier, vol. 39(2), pages 205-223, March.
- repec:arz:wpaper:eres2009-275 is not listed on IDEAS
- Petr Zemcik & Vyacheslav Mikhed, 2009. "Do House Prices Reflect Fundamentals? Aggregate and Panel Data Evidence," ERES eres2009_275, European Real Estate Society (ERES).
- Bradley Ewing & Jamie Kruse & Yongsheng Wang, 2007. "Local housing price index analysis in wind-disaster-prone areas," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 40(2), pages 463-483, February.
- Sun, Liyang & Abraham, Sarah, 2021.
"Estimating dynamic treatment effects in event studies with heterogeneous treatment effects,"
Journal of Econometrics, Elsevier, vol. 225(2), pages 175-199.
- Liyang Sun & Sarah Abraham, 2018. "Estimating Dynamic Treatment Effects in Event Studies with Heterogeneous Treatment Effects," Papers 1804.05785, arXiv.org, revised Sep 2020.
- 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.
- Zhang, Weiyi & Mei, Bin & Izlar, Robert L., 2018. "Impact of forest-related conservation easements on contiguous and surrounding property values," Forest Policy and Economics, Elsevier, vol. 93(C), pages 30-35.
- Delores Conway & Christina Li & Jennifer Wolch & Christopher Kahle & Michael Jerrett, 2010. "A Spatial Autocorrelation Approach for Examining the Effects of Urban Greenspace on Residential Property Values," The Journal of Real Estate Finance and Economics, Springer, vol. 41(2), pages 150-169, August.
- Neil Metz, 2017. "Value for Open Space: Protection and Access Level," Growth and Change, Wiley Blackwell, vol. 48(1), pages 127-152, March.
- Eli Beracha & M. Babajide Wintoki, 2013. "Forecasting Residential Real Estate Price Changes from Online Search Activity," Journal of Real Estate Research, Taylor & Francis Journals, vol. 35(3), pages 283-312, January.
- Donald Vandegrift & Michael Lahr, 2011. "Open space, house prices, and the tax base," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 46(1), pages 83-100, February.
- Campbell, Sean D. & Davis, Morris A. & Gallin, Joshua & Martin, Robert F., 2009. "What moves housing markets: A variance decomposition of the rent-price ratio," Journal of Urban Economics, Elsevier, vol. 66(2), pages 90-102, September.
- Anderson, Kathryn & Weinhold, Diana, 2008. "Valuing future development rights: The costs of conservation easements," Ecological Economics, Elsevier, vol. 68(1-2), pages 437-446, December.
- 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.
- Brent L. Mahan & BStephen Polasky & Richard M. Adams, 2000. "Valuing Urban Wetlands: A Property Price Approach," Land Economics, University of Wisconsin Press, vol. 76(1), pages 100-113.
- Yanay Farja, 2017. "Price and distributional effects of privately provided open space in urban areas," Landscape Research, Taylor & Francis Journals, vol. 42(5), pages 543-557, July.
- Larkin, Sherry L. & Alavalapati, Janaki R.R. & Shrestha, Ram K., 2005. "Estimating the Cost of Preserving Private Lands in Florida: An Hedonic Analysis," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 37(01), pages 1-16, April.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Reeves, Tyler & Mei, Bin & Siry, Jacek & Bettinger, Pete & Ferreira, Susana, 2020. "Effect of working forest conservation easements on surrounding property values," Forest Policy and Economics, Elsevier, vol. 118(C).
- 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.
- Marisa J. Mazzotta & Elena Besedin & Ann E. Speers, 2014. "A Meta-Analysis of Hedonic Studies to Assess the Property Value Effects of Low Impact Development," Resources, MDPI, vol. 3(1), pages 1-31, January.
- Poudyal, Neelam C. & Hodges, Donald G. & Tonn, Bruce & Cho, Seong-Hoon, 2009. "Valuing diversity and spatial pattern of open space plots in urban neighborhoods," Forest Policy and Economics, Elsevier, vol. 11(3), pages 194-201, May.
- JunJie Wu & Richard M. Adams & Andrew J. Plantinga, 2004.
"Amenities in an Urban Equilibrium Model: Residential Development in Portland, Oregon,"
Land Economics, University of Wisconsin Press, vol. 80(1), pages 19-32.
- Wu, JunJie & Adams, Richard M. & Plantinga, Andrew J., 2003. "Amenities In An Urban Equilibrium Model: Residential Development In Portland, Oregon," 2003 Annual meeting, July 27-30, Montreal, Canada 21961, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Abbott, Joshua K. & Klaiber, H. Allen, 2010. "Is all space created equal? Uncovering the relationship between competing land uses in subdivisions," Ecological Economics, Elsevier, vol. 70(2), pages 296-307, December.
- Hao Huang & Jianyi Li, 2021. "The spatial variation of moderating effects of density and natural amenities on housing prices in Wuhan, China," Regional Science Policy & Practice, Wiley Blackwell, vol. 13(6), pages 1778-1804, December.
- Pia Nilsson, 2017. "Are valuations of place-based amenities driven by scale?," Housing Studies, Taylor & Francis Journals, vol. 32(4), pages 449-469, May.
- Caruso, Geoffrey & Peeters, Dominique & Cavailhes, Jean & Rounsevell, Mark, 2007.
"Spatial configurations in a periurban city. A cellular automata-based microeconomic model,"
Regional Science and Urban Economics, Elsevier, vol. 37(5), pages 542-567, September.
- Geoffrey Caruso & Dominique Peeters & Jean Cavailhès & Mark Rounsevell, 2007. "Spatial configuration in a periurban city. A cellular automata-based microeconomic model," Post-Print hal-02663734, HAL.
- CARUSO, Geoffrey & PEETERS, Dominique & CAVAILHES, Jean & ROUNSEVELL, Mark, 2007. "Spatial configurations in a periurban city. A cellular automata-based microeconomic model," LIDAM Reprints CORE 1986, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Anderson, Soren T. & West, Sarah E., 2006. "Open space, residential property values, and spatial context," Regional Science and Urban Economics, Elsevier, vol. 36(6), pages 773-789, November.
- Jay Mittal, 2017. "Valuing Visual Accessibility of Scenic Landscapes in a Single Family Housing Market: A Spatial Hedonic Approach," ERES eres2017_1, European Real Estate Society (ERES).
- Joseph Hiebert & Karen Allen, 2019. "Valuing Environmental Amenities across Space: A Geographically Weighted Regression of Housing Preferences in Greenville County, SC," Land, MDPI, vol. 8(10), pages 1-16, October.
- Pierre M. Picard & Thi Thu Huyen Tran, 2020. "A Welfare Evaluation of Green Urban Areas," DEM Discussion Paper Series 20-21, Department of Economics at the University of Luxembourg.
- Kalinin, Alexey V. & Sims, Katharine R.E. & Meyer, Spencer R. & Thompson, Jonathan R., 2023. "Does land conservation raise property taxes? Evidence from New England cities and towns," Journal of Environmental Economics and Management, Elsevier, vol. 119(C).
- Özge Öner, 2017.
"Retail city: the relationship between place attractiveness and accessibility to shops,"
Spatial Economic Analysis, Taylor & Francis Journals, vol. 12(1), pages 72-91, January.
- Öner, Özge, 2015. "Retail City: The Relationship between Place Attractiveness and Accessibility to Shops," Working Paper Series 1055, Research Institute of Industrial Economics.
- Lichtenberg, Erik, 2011.
"Open Space and Urban Sprawl: The Effects of Zoning and Forest Conservation Regulations in Maryland,"
Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 40(3), pages 1-12, December.
- Lichtenberg, Erik, 2011. "Open Space and Urban Sprawl: The Effects of Zoning and Forest Conservation Regulations in Maryland," Agricultural and Resource Economics Review, Cambridge University Press, vol. 40(3), pages 393-404, December.
- Fernandez, Mario Andres & Bucaram, Santiago, 2019. "The changing face of environmental amenities: Heterogeneity across housing submarkets and time," Land Use Policy, Elsevier, vol. 83(C), pages 449-460.
- Beal-Hodges, Mary, 2012. "Conservation land acquisition lists and nearby property values: evidence from the Florida Forever programme," Studies in Agricultural Economics, Research Institute for Agricultural Economics, vol. 114(01), pages 1-8.
- Fernandez, Linda & Mukherjee, Monobina & Scott, Thomas, 2018. "The effect of conservation policy and varied open space on residential property values: A dynamic hedonic analysis," Land Use Policy, Elsevier, vol. 73(C), pages 480-487.
- Tuffery, Laetitia, 2017. "The recreational services value of the nearby periurban forest versus the regional forest environment," Journal of Forest Economics, Elsevier, vol. 28(C), pages 33-41.
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:ags:aaea25:361122. See general information about how to correct material in RePEc.
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 bibliographic 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.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.
Printed from https://ideas.repec.org/p/ags/aaea25/361122.html