dc.contributor.author | Łaszkiewicz, Edyta | |
dc.contributor.author | Heyman, Axel | |
dc.contributor.author | Chen, Xianwen | |
dc.contributor.author | Cimburova, Zofie | |
dc.contributor.author | Nowell, Megan Sara | |
dc.contributor.author | Barton, David Nicholas | |
dc.coverage.spatial | Oslo, Norway | en_US |
dc.date.accessioned | 2022-08-29T12:48:42Z | |
dc.date.available | 2022-08-29T12:48:42Z | |
dc.date.created | 2022-01-04T08:42:24Z | |
dc.date.issued | 2021 | |
dc.identifier.issn | 2212-0416 | |
dc.identifier.uri | https://hdl.handle.net/11250/3014164 | |
dc.description.abstract | Modelling walking distance enables the observation of non-linearities in hedonic property pricing of accessibility to greenspace. We test a penalized spline spatial error model (PS-SEM), which has two distinctive features. First, the PS-SEM controls for the presence of a spatially autocorrelated error term. Second, the PS-SEM allows for continuous non-linear distance decay of the property price premium as a function of walking distance to greenspaces. As a result, compared with traditional spatial econometric methods, the PS-SEM has the advantage that data determines the functional form of the distance decay of the implicit price for greenspace accessibility. Our PS-SEM results from Oslo, Norway, suggest that the implicit price for greenspace access is highly non-linear in walking distance, with the functional form varying for different types of greenspaces. Our results caution against using simple linear distances and assumptions of log or stepwise buffer-based distance decay in property prices relative to pedestrian network distance to urban amenities. The observed heterogeneity in the implicit property prices for walking distance to greenspace also provides a general caution against using non-spatial hedonic pricing models when aggregating values of greenspace amenities for policy analysis or urban ecosystem accounting purposes. Penalized spline spatial error model (PS-SEM) Hedonic pricing method (HPM) Urban ecosystem services valuation Urban ecosystem accounting Urban planning Environmental justice | en_US |
dc.language.iso | eng | en_US |
dc.rights | Navngivelse 4.0 Internasjonal | * |
dc.rights.uri | http://creativecommons.org/licenses/by/4.0/deed.no | * |
dc.subject | Penalized spline spatial error model (PS-SEM) | en_US |
dc.subject | Hedonic pricing method (HPM) | en_US |
dc.subject | Urban ecosystem services valuation | en_US |
dc.subject | Urban ecosystem accounting | en_US |
dc.subject | Urban planning | en_US |
dc.subject | Environmental justice | en_US |
dc.title | Valuing access to urban greenspace using non-linear distance decay in hedonic property pricing | en_US |
dc.type | Peer reviewed | en_US |
dc.type | Journal article | en_US |
dc.description.version | publishedVersion | en_US |
dc.rights.holder | © 2021 The Authors. | en_US |
dc.subject.nsi | VDP::Samfunnsgeografi: 290 | en_US |
dc.subject.nsi | VDP::Human geography: 290 | en_US |
dc.source.volume | 53 | en_US |
dc.source.journal | Ecosystem Services | en_US |
dc.identifier.doi | 10.1016/j.ecoser.2021.101394 | |
dc.identifier.cristin | 1974027 | |
dc.relation.project | Norges forskningsråd: 160022 | en_US |
dc.relation.project | Andre: Swedish Research Council for Environment, Agricultural Scien | en_US |
dc.relation.project | Norges forskningsråd: 255156 | en_US |
dc.relation.project | Andre: Swedish Environmental Protection Agency | en_US |
dc.relation.project | Andre: Spanish Ministry of Economy and Competitiveness | en_US |
dc.relation.project | Andre: German Aeronautics and Space Research Centre | en_US |
dc.relation.project | Andre: Research Council of Norway | en_US |
dc.relation.project | Andre: National Science Centre (Poland) 2016/22/Z/NZ8/00003 | en_US |
dc.source.articlenumber | 101394 | en_US |
cristin.ispublished | true | |
cristin.fulltext | original | |
cristin.qualitycode | 1 | |