Open space premium near commercial zones - a case study in the City of Corona, California

被引：3
|
作者：
Yoo, James [1 ]
Browning, Julianna [1 ]
Minesinger, Kenneth [1 ]
机构：
[1] Calif Baptist Univ, Dept Business Online & Profess Studies, 10370 Hemet St,Suite 200, Riverside, CA 92883 USA
来源：
INTERNATIONAL JOURNAL OF URBAN SCIENCES | 2018年 / 22卷 / 03期
关键词：
Open space; Corona; spatial Error Model (SEM); RESIDENTIAL PROPERTY-VALUES; HEDONIC PRICE; AMENITY VALUE; LAND USES; GREEN; BENEFITS;
D O I：
10.1080/12265934.2017.1407252
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
The study estimates the economic impact of urban open space on residential properties in the city of Corona, California. Using 4243 non-arms-length transactions and a spatial error model (SEM) hedonic model, we estimate the mean marginal willingness-to-pay (MWTP) for increasing the area of urban open space by 10% within 100 m buffer of residential properties. The results show that urban open space adds value to homes. In addition, we discover that the impacts of open space vary with the distance to the nearest commercial areas. The mean MWTP for open space appears to increase when properties are located closer to commercial zones.
引用
收藏
页码：322 / 333
页数：12
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