The Value of Urban Green Space in Britain: A Methodological Framework for Spatially Referenced Benefit Transfer

Grischa Perino, Barnaby Andrews, Andreas Kontoleon and Ian Bateman

Environmental & Resource Economics, 2014, vol. 57, issue 2, 272 pages

Abstract: A meta-analysis of studies valuing urban greenspace in the UK is undertaken to yield spatially sensitive marginal value functions. A geographical information system (GIS) is used to apply these functions to spatial data detailing the location of such greenspace resources in five British cities. Changes in monetary values are computed for the six future scenarios used in the UK National Ecosystem Assessment for the period 2010–2060. Different degrees of substitutability between urban greenspaces are considered. These findings are then extrapolated to all major British cities to obtain per household and aggregate valuation estimates for each scenario both with and without distributional weights. While subject to a number of shortcomings in both data availability and methodology, this represents the first systematic and comprehensive attempt to value marginal changes in urban greenspace while accounting for spatial heterogeneity. Copyright Springer Science+Business Media Dordrecht 2014

Keywords: UK National Ecosystem Assessment; Urban greenspace; Spatially referenced benefit transfer; Q51; Q57; R0 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (26)

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DOI: 10.1007/s10640-013-9665-8

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