Full TGIF Record # 209195
Item 1 of 1
DOI:10.1016/j.landurbplan.2006.02.013
Web URL(s):http://www.sciencedirect.com/science/article/pii/S0169204606000466
    Last checked: 08/02/2012
    Access conditions: Item is within a limited-access website
Publication Type:
i
Report
Author(s):Kong, Fanhua; Yin, Haiwei; Nakagoshi, Nobukazu
Author Affiliation:Kong: Ph.D. Candidate; Nakagoshi: Professor, Graduate School for International Development and Cooperation, Hiroshima University, Japan; Yin: Ph.D., Department of Urban and Resource Sciences, Nanjing University, China
Title:Using GIS and landscape metrics in the hedonic price modeling of the amenity value of urban green space: A case study in Jinan City, China
Source:Landscape and Urban Planning. Vol. 79, No. 3-4, March 2 2007, p. 240-252.
# of Pages:13
Publishing Information:Amsterdam, The Netherlands: Elsevier
Keywords:TIC Keywords: GIS; Greenspace; Property values; Turf values; Urban development
Abstract/Contents:"Urban green spaces have important amenity values that include provision of leisure opportunities and aesthetic enjoyment. However, most of these values lack a market price. Consequently, they are usually ignored or underestimated by urban planning policy-makers, with the result that remnant urban green spaces are being gradually encroached upon by urban sprawl. As a result, quantitative information regarding the implicit, non-market price benefits from urban green space is urgently required. Properties bought and sold on the market are compound commodities that embody amenity values and people are willing to pay to live in the proximity of local amenity environment. Thus hedonic models, which use such properties as proxies, can often be employed to quantify environmental amenities. In China, residential housing reform (in place since 1998) has terminated the traditional residential welfare system, and made it possible to quantify the monetary value of green space amenities based on hedonic pricing models. This study was conducted in Jinan City, and will help address the previous absence of the application of hedonic price models to the valuation of urban green space amenities in mainland China. GIS and landscape metrics were used in determining hedonic price model variables. As expected, the results proved that the hedonic pricing model performed well using this approach, and accordingly it was further improved. Results also confirmed the positive amenity impact of proximate urban green spaces on house prices, and highlighted the preferences of homeowners in Jinan City. Green space amenity variables that were statistically significant at the 5% level included the sizedistance index of scenery forest, accessibility to park and plaza green space types, and the percentage of urban green space. In addition, land-use patch richness, the location sector and the education environment also proved to be highly significant variables. The results of the study should provide insights to policy-makers involved in urban planning."
Language:English
References:70
Note:Maps
Figures
Tables
Graphs
ASA/CSSA/SSSA Citation (Crop Science-Like - may be incomplete):
Kong, F., H. Yin, and N. Nakagoshi. 2007. Using GIS and landscape metrics in the hedonic price modeling of the amenity value of urban green space: A case study in Jinan City, China. Landscape Urban Plan. 79(3-4):p. 240-252.
Fastlink to access this record outside TGIF: https://tic.msu.edu/tgif/flink?recno=209195
If there are problems with this record, send us feedback about record 209195.
Choices for finding the above item:
DOI: 10.1016/j.landurbplan.2006.02.013
Web URL(s):
http://www.sciencedirect.com/science/article/pii/S0169204606000466
    Last checked: 08/02/2012
    Access conditions: Item is within a limited-access website
Find Item @ MSU
MSU catalog number: b2322641
Find from within TIC:
   Digitally in TIC by record number.
Request through your local library's inter-library loan service (bring or send a copy of this TGIF record)