Accession Number : ADA326734
Title : Valuing Urban Wetlands: A Property Pricing Approach,
Corporate Author : ARMY ENGINEER INST FOR WATER RESOURCES FORT BELVOIR VA
Personal Author(s) : Mahan, Brent L.
PDF Url : ADA326734
Report Date : MAR 1997
Pagination or Media Count : 92
Abstract : The report estimates the value of wetland amenities in the Portland, Oregon metropolitan area using the hedonic property pricing approach. Detailed residential housing and wetland data are used to relate the sales price of a residential property to the structural characteristics of the property, neighborhood attributes in which the property is located, and amenity values of wetlands and other environmental characteristics. In addition to estimating the hedonic price functions, second-stage regression analysis is used to estimate the willingness-to-pay function for wetland size.
Descriptors : *COST ANALYSIS, *WETLANDS, *URBAN AREAS, ENVIRONMENTS, ECONOMICS, REGRESSION ANALYSIS, VALUE, BENEFITS, RESIDENTIAL SECTION, HOUSING(DWELLINGS), OREGON.
Subject Categories : Economics and Cost Analysis
Distribution Statement : APPROVED FOR PUBLIC RELEASE