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

Author

Listed:
  • Grischa Perino
  • Barnaby Andrews
  • Andreas Kontoleon
  • Ian Bateman

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

Suggested Citation

  • Grischa Perino & Barnaby Andrews & Andreas Kontoleon & Ian Bateman, 2014. "The Value of Urban Green Space in Britain: A Methodological Framework for Spatially Referenced Benefit Transfer," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 57(2), pages 251-272, February.
    • Handle: RePEc:kap:enreec:v:57:y:2014:i:2:p:251-272
    DOI: 10.1007/s10640-013-9665-8
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    References listed on IDEAS

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    Cited by:

    1. Yuta Kuroda & Takeru Sugasawa, 2023. "The Value of Scattered Greenery in Urban Areas: A Hedonic Analysis in Japan," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 85(2), pages 523-586, June.
    2. Pulighe, Giuseppe & Fava, Francesco & Lupia, Flavio, 2016. "Insights and opportunities from mapping ecosystem services of urban green spaces and potentials in planning," Ecosystem Services, Elsevier, vol. 22(PA), pages 1-10.
    3. Adrienne B. Soder & Julie M. Mueller & Abraham E. Springer & Katelyn E. LaPine, 2022. "Geospatial Analysis of Nonmarket Values to Prioritize Forest Restoration," Land, MDPI, vol. 11(9), pages 1-13, August.
    4. Zhaoyang Liu & Heqing Huang & Juha Siikamäki & Jintao Xu, 2024. "Area-Based Hedonic Pricing of Urban Green Amenities in Beijing: A Spatial Piecewise Approach," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 87(5), pages 1223-1248, May.
    5. Feltynowski, Marcin, 2023. "Urban green spaces in land-use policy – types of data, sources of data and staff – the case of Poland," Land Use Policy, Elsevier, vol. 127(C).
    6. Reynaud, Arnaud & Lanzanova, Denis & Liquete, Camino & Grizzetti, Bruna, 2017. "Going green? Ex-post valuation of a multipurpose water infrastructure in Northern Italy," Ecosystem Services, Elsevier, vol. 27(PA), pages 70-81.
    7. Valeria M. Toledo‐Gallegos & Jed Long & Danny Campbell & Tobias Börger & Nick Hanley, 2021. "Spatial clustering of willingness to pay for ecosystem services," Journal of Agricultural Economics, Wiley Blackwell, vol. 72(3), pages 673-697, September.
    8. Bertram, Christine & Rehdanz, Katrin, 2015. "The role of urban green space for human well-being," Ecological Economics, Elsevier, vol. 120(C), pages 139-152.
    9. Shaswati Chowdhury & Jaan-Henrik Kain & Marco Adelfio & Yevheniya Volchko & Jenny Norrman, 2020. "Greening the Browns: A Bio-Based Land Use Framework for Analysing the Potential of Urban Brownfields in an Urban Circular Economy," Sustainability, MDPI, vol. 12(15), pages 1-30, August.
    10. Michael Brock & Grischa Perino & Robert Sugden, 2017. "The Warden Attitude: An Investigation of the Value of Interaction with Everyday Wildlife," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(1), pages 127-155, May.
    11. Athanasios Votsis, 2017. "Exploring the spatiotemporal behavior of Helsinki’s housing prices with fractal geometry and co-integration," Journal of Geographical Systems, Springer, vol. 19(2), pages 133-155, April.
    12. Stromberg, Per M. & Öhrner, Erik & Brockwell, Erik & Liu, Zhaoyang, 2021. "Valuing urban green amenities with an inequality lens," Ecological Economics, Elsevier, vol. 186(C).
    13. Ian Bateman & Amii Harwood & David Abson & Barnaby Andrews & Andrew Crowe & Steve Dugdale & Carlo Fezzi & Jo Foden & David Hadley & Roy Haines-Young & Mark Hulme & Andreas Kontoleon & Paul Munday & Un, 2014. "Economic Analysis for the UK National Ecosystem Assessment: Synthesis and Scenario Valuation of Changes in Ecosystem Services," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 57(2), pages 273-297, February.
    14. Liu, Zhaoyang & Hanley, Nick & Campbell, Danny, 2020. "Linking urban air pollution with residents’ willingness to pay for greenspace: A choice experiment study in Beijing," Journal of Environmental Economics and Management, Elsevier, vol. 104(C).
    15. Chad M. Botes & Alberto M. Zanni, 2021. "Trees, ground vegetation, sidewalks, cycleways: users’ preferences and economic values for different elements of an urban street—a case study in Taipei," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 23(1), pages 145-171, January.
    16. Nordström, Jonas & Hammarlund, Cecilia, 2021. "You win some, you lose some - compensating the loss of green space in cities taking heterogeneous population characteristics into consideration," AgriFood-WP 2021:3, Lund University, AgriFood Economics Centre.
    17. Robert J. Johnston & Kevin J. Boyle & Maria L. Loureiro & Ståle Navrud & John Rolfe, 2021. "Guidance to Enhance the Validity and Credibility of Environmental Benefit Transfers," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 79(3), pages 575-624, July.
    18. Votsis, Athanasios, 2017. "Planning for green infrastructure: The spatial effects of parks, forests, and fields on Helsinki's apartment prices," Ecological Economics, Elsevier, vol. 132(C), pages 279-289.
    19. Nabila Arfaoui & Amandine Gnonlonfin, 2019. "The economic value of NBS restoration measures and their benefits in a river basin context: A meta-analysis regression," Policy Papers 2019.02, FAERE - French Association of Environmental and Resource Economists.
    20. Diluiso, Francesca & Guastella, Gianni & Pareglio, Stefano, 2021. "Changes in urban green spaces’ value perception: A meta-analytic benefit transfer function for European cities," Land Use Policy, Elsevier, vol. 101(C).
    21. Jasper N. Meya, 2018. "Environmental Inequality and Economic Valuation," Working Papers V-416-18, University of Oldenburg, Department of Economics, revised Dec 2018.
    22. Jasper N. Meya, 2020. "Environmental Inequality and Economic Valuation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(2), pages 235-270, July.
    23. Léa Tardieu, 2017. "The need for integrated spatial assessments in ecosystem service mapping," Review of Agricultural, Food and Environmental Studies, Springer, vol. 98(3), pages 173-200, December.
    24. Gelo, Dambala & Turpie, Jane, 2021. "Bayesian analysis of demand for urban green space: A contingent valuation of developing a new urban park," Land Use Policy, Elsevier, vol. 109(C).

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    More about this item

    Keywords

    UK National Ecosystem Assessment; Urban greenspace ; Spatially referenced benefit transfer; Q51; Q57; R0;
    All these keywords.

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • R0 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General

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