Heterogeneous preferences for urban scattered greenery: Evidence from two-stage hedonic estimation in Tokyo

Yuta Kuroda and Takeru Sugasawa

No 148, DSSR Discussion Papers from Graduate School of Economics and Management, Tohoku University

Abstract: This study uses two-stage hedonic estimation to examine household preferences for scattered greenery (e.g., roadside trees and yard bushes) in highly developed urban areas. We use proprietary survey data to obtain a wealth of property and resident characteristics and link these to scattered greenery based on high-resolution satellite images and surrounding amenity characteristics for analysis. The results showed that the preferences for scattered greenery were highly heterogeneous and that a few households were willing to pay a hefty amount. The average household pays about 1,540 yen per month for scattered greenery if they live on their owned property and about 300 yen per month if they live on rented property. Also, regardless of the type of residence, wealthy people prefer scattered greenery, while those who plan to move within a few years tend to like it less. Additionally, even if they live on an owned property, single households have little willingness to pay for greenery, and even if they live on a rented property, people with a high level of health awareness or people living with children have a high willingness to pay. The results of this study shed light on the causes of heterogeneity in preferences for greenery by decomposing the property and resident characteristics that have been confused in previous studies.

Pages: 37 pages
Date: 2025-08-07
New Economics Papers: this item is included in nep-dcm and nep-sea
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10097/0002006261

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:toh:dssraa:148

Access Statistics for this paper

More papers in DSSR Discussion Papers from Graduate School of Economics and Management, Tohoku University Contact information at EDIRC.
Bibliographic data for series maintained by Tohoku University Library ().