Using detailed residential housing and wetland location data, we determine relative preferences for proximity to four broad classes of wetlands, as expressed through housing values. Implicit prices for proximity to open-water and scrub-shrub wetlands are relatively higher than those for emergent-vegetation and forested wetlands.
|Original language||English (US)|
|Number of pages||10|
|Journal||Journal of Agricultural and Resource Economics|
|State||Published - Jul 1 1996|
- Hedonic pricing