Netusil, Noelwah R.; Chattopadhyay, Sudip; Kovacs, Kent F. - In: Land Economics 86 (2010) 2
The benefits of large patches of tree canopy are estimated by applying a hedonic price model to the sale of single-family residential properties in Portland, Oregon. The first-stage analysis provides evidence of diminishing returns from increasing tree canopy past a certain level. The...