 Valuing diversity and spatial pattern of open space plots in urban neighborhoodsNeelam C. Poudyal, Donald G. Hodges, Bruce Tonn and Seong-Hoon Cho () Forest Policy and Economics, 2009, vol. 11, issue 3, 194-201 Abstract: This study evaluates how urban residents value variety, spatial configuration, and patterns of open space in their neighborhoods. Quantitative matrices that were borrowed from landscape ecology were first used to measure the variety and spatial arrangement of open space plots and landuses around houses. Amenity values of those measures were then evaluated in a hedonic regression that was corrected for identification problem caused by the endogeneity of landuse variables. Empirical estimates from this research reveal that urban residents positively valued the varieties of open space but negatively valued the diversity within developed land uses in their neighborhoods. Similarly, open space plots with square shape and smooth, straight edges were preferred to those with more complex shapes and irregular edges. Further, residents preferred open spaces in few larger plots to many smaller pieces that are scattered throughout the neighborhood. Findings from this study will be useful in enhancing the quality and amenity value of open spaces and conceivably increase local property tax base. Keywords: Open; space; Hedonic; model; Land; use; policy (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:forpol:v:11:y:2009:i:3:p:194-201 Access Statistics for this article Forest Policy and Economics is currently edited by M. Krott More articles in Forest Policy and Economics from Elsevier |
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