Windfalls for Wilderness: Land Protection and Land Value in the Green Mountains

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dc.contributor.authorPhillips, Spencer R.en
dc.contributor.committeechairMcGuirk, Anya M.en
dc.contributor.committeememberAmacher, Gregory S.en
dc.contributor.committeememberAlwang, Jeffrey R.en
dc.contributor.committeememberTideman, Nicolausen
dc.contributor.committeememberShabman, Leonard A.en
dc.contributor.departmentAgricultural and Applied Economicsen
dc.date.accessioned2011-08-22T18:53:12Zen
dc.date.adate2004-02-11en
dc.date.available2011-08-22T18:53:12Zen
dc.date.issued2004-01-19en
dc.date.rdate2005-02-11en
dc.date.sdate2004-02-04en
dc.description.abstractLand is a composite good, the price of which varies with its characteristics, including proximity to amenities. Analysis of data from sales of land near Green Mountain National Forest wilderness areas in a hedonic price model reveals a positive relationship between proximity to protected wilderness and market values for residential properties. The applications of this result include improved consideration of the positive economic impacts of land conservation in political deliberations over public land management and new mechanisms for financing land conservation, local planning and development efforts, and maintenance of affordable housing in high-amenity/high-cost areas.en
dc.description.degreePh. D.en
dc.format.mediumETDen
dc.identifier.otheretd-02042004-141616en
dc.identifier.sourceurlhttp://scholar.lib.vt.edu/theses/available/etd-02042004-141616en
dc.identifier.urihttp://hdl.handle.net/10919/11104en
dc.publisherVirginia Techen
dc.relation.haspartPhillips-Spencer_VPISU-AAEC_PHD-Dissertation_2004-02-10.pdfen
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subjectland pricesen
dc.subjecthedonic modelen
dc.subjectwildernessen
dc.subjectconservationen
dc.titleWindfalls for Wilderness: Land Protection and Land Value in the Green Mountainsen
dc.typeDissertationen
thesis.degree.disciplineAgricultural and Applied Economicsen
thesis.degree.grantorVirginia Polytechnic Institute and State Universityen
thesis.degree.leveldoctoralen
thesis.degree.namePh. D.en

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