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The recreational services value of the nearest periurban forest versus the global forest environment

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  • Laetitia Tuffery

    () (University Paris Saclay, Evry-Val d'Essonne, TEPP Institute FR n°3126 CNRS)

Abstract

Most of previous forest recreational service valuation studies using hedonic methods have focused on direct proximity of housing to the nearest forest while treating the recreational services as homogeneous. However, households in urban and periurban areas may prefer diverse forest areas in their neighborhood. The main objective of this study is to estimate and compare the impacts of proximity to forest recreational services based on the nearest forest and the global forest environment, which includes spatially heterogeneous recreational quality. The global forest environment is computed from the forest recreational services with respect to travel time to the housing. Empirical results show that major differences exist between the forests' valuations and their recreational services depending on which forest environment is considered. The size of the nearest forest is the only characteristic with a positive and significant impact on housing prices. Conversely, the global forest environment positively impacts housing prices based on certain parameters, such as large forest size, no protected areas and the existence of hiking and biking paths, which implies public access and maintenance.

Suggested Citation

  • Laetitia Tuffery, 2016. "The recreational services value of the nearest periurban forest versus the global forest environment," Documents de recherche 16-06, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
  • Handle: RePEc:eve:wpaper:16-06
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    File URL: http://epee.univ-evry.fr/RePEc/2016/16-06.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    recreational services; global forest environment; hedonic price method; spatial analysis;

    JEL classification:

    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand

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