This study analyzes the extent to which greenhouse gas (GHG) emissions may be affected by a plan to purchase private forestland for the expansion of carbon sinks, focusing on how changes in forestland ownership affect deforestation and urbanization and how subsequent changes in deforestation and...

In the face of higher travel costs due to rising gasoline prices and scarce budget resources, we explored differences in the impacts of travel costs on recreational demand for visitors participating in various recreational activities. Five individual travel cost models were estimated, one for...

The objective of this research was to determine whether willingness to bear the negative externality from water quality impairment differs between those who do and those who do not receive economic benefit from the impairment source. Differences were tested using a hedonic analysis of ambient...

This research uses a sequence of hedonic housing price regressions to estimate open space amenity values. The iterative approach empirically identifies the range of distance over which open space affects housing values. After controlling for numerous other factors in the spatial hedonic model,...

This research suggests that consumers' marginal willingness to pay for environmental landscape attributes, such as water view, developed open space and forest-land open space, decreased during the 2008 recession compared to the 2000-2006 real estate boom. Estimates were obtained from a spatial...