Price premium for green open space and tree cover in the city of Buenos Aires

Green areas provide aesthetic, recreational, social, and environmental benefits to surrounding communities. Local governments usually face many challenges while deciding on the protection of existing green space or the creation of new one. Understanding the direct economic impacts of green areas on...

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Detalles Bibliográficos
Autores principales:	Zoloa, Juan Ignacio, Rabassa, Mariano
Formato:	Objeto de conferencia
Lenguaje:	Inglés
Publicado:	2017
Materias:	Ciencias Económicas Green open spaces Tree cover Urban economics Hedonic models Spatial econometrics Buenos Aires
Acceso en línea:	http://sedici.unlp.edu.ar/handle/10915/123469
Aporte de:	SEDICI (UNLP) de Universidad Nacional de La Plata

id	I19-R120-10915-123469
record_format	dspace
institution	Universidad Nacional de La Plata
institution_str	I-19
repository_str	R-120
collection	SEDICI (UNLP)
language	Inglés
topic	Ciencias Económicas Green open spaces Tree cover Urban economics Hedonic models Spatial econometrics Buenos Aires
spellingShingle	Ciencias Económicas Green open spaces Tree cover Urban economics Hedonic models Spatial econometrics Buenos Aires Zoloa, Juan Ignacio Rabassa, Mariano Price premium for green open space and tree cover in the city of Buenos Aires
topic_facet	Ciencias Económicas Green open spaces Tree cover Urban economics Hedonic models Spatial econometrics Buenos Aires
description	Green areas provide aesthetic, recreational, social, and environmental benefits to surrounding communities. Local governments usually face many challenges while deciding on the protection of existing green space or the creation of new one. Understanding the direct economic impacts of green areas on neighboring properties can help with the economic and political decision-making. The aim of this study is to estimate individuals’ valuations of green space in a highly densely populated city like Buenos Aires, Argentina. This paper applies spatial hedonic price models to obtain the value of urban green areas, urban trees, and tree cover. The results show a price premium for all green variables, and that not all trees are valued equally. Also, results suggest that more diversity increase the monetary value of a property. Results from this study could help inform the debate on the true opportunity costs of allowing construction over unused parcels of land in Buenos Aires.
format	Objeto de conferencia Objeto de conferencia
author	Zoloa, Juan Ignacio Rabassa, Mariano
author_facet	Zoloa, Juan Ignacio Rabassa, Mariano
author_sort	Zoloa, Juan Ignacio
title	Price premium for green open space and tree cover in the city of Buenos Aires
title_short	Price premium for green open space and tree cover in the city of Buenos Aires
title_full	Price premium for green open space and tree cover in the city of Buenos Aires
title_fullStr	Price premium for green open space and tree cover in the city of Buenos Aires
title_full_unstemmed	Price premium for green open space and tree cover in the city of Buenos Aires
title_sort	price premium for green open space and tree cover in the city of buenos aires
publishDate	2017
url	http://sedici.unlp.edu.ar/handle/10915/123469
work_keys_str_mv	AT zoloajuanignacio pricepremiumforgreenopenspaceandtreecoverinthecityofbuenosaires AT rabassamariano pricepremiumforgreenopenspaceandtreecoverinthecityofbuenosaires
bdutipo_str	Repositorios
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Price premium for green open space and tree cover in the city of Buenos Aires

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