Viewscapes and Flood Hazard: Coastal housing market response to amenities and risk

Viewscapes and Flood Hazard: Coastal housing market response to amenities and risk
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DOI:
10.3368/le.84.3.434
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发表时间:
2008-08-01
期刊:
影响因子:
1.4
通讯作者:
Landry, Craig E.
Landry, Craig E.
中科院分区:
经济学4区
文献类型:
--
作者:
Bin, Okmyung;Crawford, Thomas W.;Landry, Craig E.

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沿海的便利设施和风险是高度相关的,在享乐的框架内单独识别是潜在的挑战。在本研究中,我们构建了一个考虑自然地形和不受风险分类影响而变化的建筑障碍物的海景、景观的三维测量,以解开这些空间集成住宅特征。开发了一个空间自回归享乐模型,以提供对沿海设施和风险支付意愿的一致估计。我们的研究结果表明,结合基于gis的景观测量可以成功地将风险因素与空间设施隔离开来。
Coastal amenities and risk are so highly correlated that separate identification within the hedonic framework is potentially challenging. In this study, we construct a three-dimensional measure of ocean view, viewscape, accounting for natural topography and built obstruction that varies independent of risk classification to disentangle these spatially integrated housing characteristics. A spatial autoregressive hedonic model is developed to provide consistent estimates of the willingness to pay for coastal amenities and risk. Our findings suggest that incorporating the GIS-based view measures can be successful in isolating risk factors from spatial amenities.