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Measurement and valuation of urban greenness: Remote sensing and hedonic applications to Lisbon, Portugal

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  • Franco, Sofia F.
  • Macdonald, Jacob L.

Abstract

This paper explores the role of remote sensing techniques in capturing urban environmental data in the form of tree canopy coverage and measures of urban greenery. Using a classification algorithm, we identify tree canopy coverage in Lisbon, Portugal, to be approximately 8%. Our results have an accuracy rating of approximately 90% highlighting the benefits of this technique in capturing novel forms of data.

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  • Franco, Sofia F. & Macdonald, Jacob L., 2018. "Measurement and valuation of urban greenness: Remote sensing and hedonic applications to Lisbon, Portugal," Regional Science and Urban Economics, Elsevier, vol. 72(C), pages 156-180.
    • Handle: RePEc:eee:regeco:v:72:y:2018:i:c:p:156-180
    DOI: 10.1016/j.regsciurbeco.2017.03.002
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    2. Julia Bronnmann & Veronika Liebelt & Fabian Marder & Jasper Meya & Martin Quaas, 2023. "The Value of Naturalness of Urban Green Spaces: Evidence from a Discrete Choice Experiment," Land Economics, University of Wisconsin Press, vol. 99(4), pages 528-542.
    3. Franco, Sofia F. & Cutter, W. Bowman, 2022. "The determinants of non-residential real estate values with special reference to environmental local amenities," Ecological Economics, Elsevier, vol. 201(C).
    4. Paulin, M.J. & Rutgers, M. & de Nijs, T. & Hendriks, A.J. & Koopman, K.R. & Van Buul, T. & Frambach, M. & Sardano, G. & Breure, A.M., 2020. "Integration of local knowledge and data for spatially quantifying ecosystem services in the Hoeksche Waard, the Netherlands," Ecological Modelling, Elsevier, vol. 438(C).
    5. Chengjie Yang & Ruren Li & Zongyao Sha, 2020. "Exploring the Dynamics of Urban Greenness Space and Their Driving Factors Using Geographically Weighted Regression: A Case Study in Wuhan Metropolis, China," Land, MDPI, vol. 9(12), pages 1-21, December.
    6. Desen Lin & Shane T. Jensen & Susan M. Wachter, 2023. "The price effects of greening vacant lots: How neighborhood attributes matter," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 51(3), pages 573-610, May.
    7. Cláudia Reis & António Lopes, 2019. "Evaluating the Cooling Potential of Urban Green Spaces to Tackle Urban Climate Change in Lisbon," Sustainability, MDPI, vol. 11(9), pages 1-17, April.
    8. Zambrano-Monserrate, Manuel A. & Ruano, María Alejandra & Yoong-Parraga, Cristina & Silva, Carlos A., 2021. "Urban green spaces and housing prices in developing countries: A Two-stage quantile spatial regression analysis," Forest Policy and Economics, Elsevier, vol. 125(C).
    9. Paulin, M.J. & Remme, R.P. & de Nijs, T. & Rutgers, M. & Koopman, K.R. & de Knegt, B. & van der Hoek, D.C.J. & Breure, A.M., 2020. "Application of the Natural Capital Model to assess changes in ecosystem services from changes in green infrastructure in Amsterdam," Ecosystem Services, Elsevier, vol. 43(C).
    10. Agnieszka Szczepańska & Katarzyna Pietrzyk, 2020. "An Evaluation of Public Spaces with the Use of Direct and Remote Methods," Land, MDPI, vol. 9(11), pages 1-21, October.
    11. Meng Yang & Feng Qiu & Juan Tu, 2022. "Premiums for Residing in Unfavorable Food Environments: Are People Rational?," IJERPH, MDPI, vol. 19(12), pages 1-14, June.
    12. Gonçalves, Duarte & Peralta, Susana & Pereira dos Santos, João, 2022. "Short-Term Rental Bans and Housing Prices: Quasi-Experimental Evidence from Lisbon," IZA Discussion Papers 15706, Institute of Labor Economics (IZA).
    13. Franco, Sofia F. & Santos, Carlos Daniel, 2021. "The impact of Airbnb on residential property values and rents: Evidence from Portugal," Regional Science and Urban Economics, Elsevier, vol. 88(C).
    14. Shanaka Herath, 2021. "Elevating the Value of Urban Location: A Consumer Preference-Based Approach to Valuing Local Amenity Provision," Land, MDPI, vol. 10(11), pages 1-14, November.
    15. Cuberes, David & Roberts, Jennifer & Sechel, Cristina, 2019. "Household location in English cities," Regional Science and Urban Economics, Elsevier, vol. 75(C), pages 120-135.
    16. Giulia Guerri & Alfonso Crisci & Irene Cresci & Luca Congedo & Michele Munafò & Marco Morabito, 2022. "Residential Buildings’ Real Estate Values Linked to Summer Surface Thermal Anomaly Patterns and Urban Features: A Florence (Italy) Case Study," Sustainability, MDPI, vol. 14(14), pages 1-22, July.
    17. Panduro, Toke Emil & Jensen, Cathrine Ulla & Lundhede, Thomas Hedemark & von Graevenitz, Kathrine & Thorsen, Bo Jellesmark, 2018. "Eliciting preferences for urban parks," Regional Science and Urban Economics, Elsevier, vol. 73(C), pages 127-142.
    18. Debarsy, Nicolas & Yang, Zhenlin, 2018. "Editorial for the special issue entitled: New advances in spatial econometrics: Interactions matter," Regional Science and Urban Economics, Elsevier, vol. 72(C), pages 1-5.
    19. Susana Peralta & João Pereira dos Santos & Duarte Gonçalves, 2020. "Do short-term rentals increase housing prices? Quasi-experimental evidence from Lisbon," GEE Papers 0155, Gabinete de Estratégia e Estudos, Ministério da Economia, revised Jul 2020.
    20. Liu, Lu & Meng, Lina & Zhang, Ruige, 2024. "Does Easy Accessibility to Urban Parks Always Raise Home Values?," Journal of Housing Economics, Elsevier, vol. 63(C).
    21. Nina Schwarz & Annegret Haase & Dagmar Haase & Nadja Kabisch & Sigrun Kabisch & Veronika Liebelt & Dieter Rink & Michael W. Strohbach & Juliane Welz & Manuel Wolff, 2021. "How Are Urban Green Spaces and Residential Development Related? A Synopsis of Multi-Perspective Analyses for Leipzig, Germany," Land, MDPI, vol. 10(6), pages 1-16, June.

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    More about this item

    Keywords

    Q51; R21; Environmental amenities; Urban greenness; Tree canopy; Hedonic pricing; Remote sensing;
    All these keywords.

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand

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