Socio-Economic and Spatial Characteristics of Wielkopolski National Park: Application of the Hedonic Pricing Method

Cyprian Chwiałkowski and Adam Zydroń
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Cyprian Chwiałkowski: Department of Land Improvement, Environmental Development and Spatial Management, Poznań University of Life Sciences, 60-649 Poznań, Poland
Adam Zydroń: Department of Land Improvement, Environmental Development and Spatial Management, Poznań University of Life Sciences, 60-649 Poznań, Poland

Sustainability, 2021, vol. 13, issue 9, 1-17

Abstract: The study aimed to determine the influence of the proximity of Wielkopolski National Park (WNP) on the value of dwelling units in Mosina municipality. The research was conducted based on 1182 residential property transactions in the period from 2014 to 2018. The input data were subjected to spatial and statistical analysis. The main part of the analysis was performed with the use of the hedonic price method (HPM)—WLS (weighted least squares). The use of statistical tools made it possible to find undeniable evidence that the housing prices are positively related to the presence of Wielkopolski National Park, which has also been confirmed by previous research works conducted in other parts of the world.

Keywords: impact of protected areas; housing prices; hedonic regression; national park (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:13:y:2021:i:9:p:5001-:d:546195

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