Dynamic and Heterogeneous Demand for Urban Green Space by Urban Residents: Evidence from the Cities in China

Tianzheng Zhang, Yingxiang Zeng, Yingjie Zhang, Yan Song and Hongxun Li
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Tianzheng Zhang: School of Economics and Management, Beijing Forestry University, Beijing 100083, China
Yingxiang Zeng: School of Economics and Management, Beijing Forestry University, Beijing 100083, China
Yingjie Zhang: School of Economics and Management, Beijing Forestry University, Beijing 100083, China
Yan Song: Department of City and Regional Planning, University of North Carolina at Chapel Hill, Chapel Hill, NC 27599, USA
Hongxun Li: School of Economics and Management, Beijing Forestry University, Beijing 100083, China

Sustainability, 2020, vol. 12, issue 22, 1-15

Abstract: With the increasing number of people starting to attach importance to urban green space (UGS), estimating urban residents’ demand for UGS has become critical. Previous studies have estimated residents’ demands for UGS in different cities using the Rosen–Roback model. However, there has been little analysis of the renters’ requirements for UGS or the dynamic and heterogeneous demands for UGS by residents in cities with varying characteristics. In this study, the prefecture-level cities in China were selected as the object of study for their wide representation of various city characteristics, and the Rosen–Roback model was used to address the abovementioned issues. Residents’ demand for UGS in 285 prefecture-level cities was assessed from 2010 to 2017. The results confirm our hypothesis that when UGS increases by 1%, house prices will increase by about 3% and rents will increase by about 7%, and the demand continues to grow. We also analyzed the heterogeneous demands for UGS by urban residents in different types of cities from three aspects: population density, economic level, and the effects of the National Forest City policy. Finally, we provided suggestions based on empirical results for planning and managing UGS.

Keywords: urban green space; dynamic demand; heterogeneous demand; home buyer; renter (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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