Planning for green infrastructure : the spatial effects of parks, forests, and fields on Helsinki's apartment prices

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dc.contributor University of Helsinki, Faculty of Science en
dc.contributor.author Votsis, Athanasios
dc.date.accessioned 2017-09-14T08:55:01Z
dc.date.available 2017-09-14T08:55:01Z
dc.date.issued 2017
dc.identifier.citation Votsis , A 2017 , ' Planning for green infrastructure : the spatial effects of parks, forests, and fields on Helsinki's apartment prices ' , Ecological Economics , vol. 132 , pp. 279-289 . https://doi.org/10.1016/j.ecolecon.2016.09.029 en
dc.identifier.issn 0921-8009
dc.identifier.other PURE: 69160278
dc.identifier.other PURE UUID: 250cc0ee-ab0f-438b-b533-3e701b0ded3f
dc.identifier.other Scopus: 84995874844
dc.identifier.other WOS: 000390825200026
dc.identifier.other ORCID: /0000-0001-5878-7684/work/71183709
dc.identifier.uri http://hdl.handle.net/10138/223790
dc.description.abstract As the importance of urban green spaces is increasingly recognised, so does the need for their systematic placement in a broader array of socioeconomic objectives. From an urban planning and economics perspective, this represents a spatial task: if more land is allocated to various types of green, how do the economic effects propagate throughout urban space? This paper focuses on the spatial marginal effects of forests, parks, and fields and estimates spatial hedonic models on a sample of apartment transactions in Helsinki, Finland. The results indicate that the capitalization of urban green in apartment prices depends on the type of green, but also interacts with distance to the city centre. Additionally, the effects contain variable pure and spatial spillover impacts, also conditional on type and location, the separation of which highlights aspects not commonly accounted for. The planning of green infrastructure will therefore benefit from parameterizing interventions according to location, green type, and character of spatial impacts. en
dc.format.extent 11
dc.language.iso eng
dc.relation.ispartof Ecological Economics
dc.rights en
dc.subject 511 Economics en
dc.subject Housing prices en
dc.subject Spatial effects en
dc.subject 1172 Environmental sciences en
dc.subject Green Infrastructure en
dc.subject Land use options en
dc.title Planning for green infrastructure : the spatial effects of parks, forests, and fields on Helsinki's apartment prices en
dc.type Article
dc.description.version Peer reviewed
dc.identifier.doi https://doi.org/10.1016/j.ecolecon.2016.09.029
dc.type.uri info:eu-repo/semantics/other
dc.type.uri info:eu-repo/semantics/publishedVersion
dc.contributor.pbl
dc.contributor.pbl

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