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Cultural Landscapes and Heritage Values A spatial Hedonic Approach
| Content Provider | Semantic Scholar |
|---|---|
| Author | Nilsson, Pia |
| Copyright Year | 2010 |
| Abstract | This paper uses a spatial version of the hedonic price method to analyze if landscape attributes related to culture and heritage are capitalized into local property prices. Nearly 5000 property transactions are used to set up a GIS containing both conservation areas and listed sites. The results show that the percentage share of land devoted to preservation areas has a capitalization effect of 8.1% for properties located in the vicinity. The results also show that proximity to listed sites, measured in Euclidean distance has a capitalization effect of 4.4%. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://www-sre.wu.ac.at/ersa/ersaconfs/ersa10/ERSA2010finalpaper397.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |