TY - JOUR
T1 - Environmental value of green spaces in Japan
T2 - An application of the life satisfaction approach
AU - Tsurumi, Tetsuya
AU - Managi, Shunsuke
N1 - Funding Information:
The authors thank the anonymous referees for providing insightful comments and guidance with regard to additional work, both which have resulted in the final form of this paper. This research was funded by a Grant-in-Aid for Specially Promoted Research ( 26000001 ) from the Ministry of Education, Culture, Sports, Science and Technology (MEXT), Japan , and by a Grant-in-Aid for Young Scientists (B) Number 25740068 , also from MEXT, Japan . The results and conclusions of this paper do not necessarily reflect the views of the funding agency.
Publisher Copyright:
© 2015 Elsevier B.V.
PY - 2015/12/1
Y1 - 2015/12/1
N2 - This study applies the Life Satisfaction Approach to evaluate green spaces in terms of its affluence, people's preference for greenery, and distance from people's houses. Data are derived from a survey of 2158 respondents in the two largest regions of Japan (Kanto and Kansai) and the green coverage rate is derived from Geographic Information System (GIS) data. The estimation results show that (1) people's marginal willingness to pay (WTP) for green space decreases as the current amount of green space increases; (2) they show how people's marginal WTP increases in proportion with their affection for it, the amount of interaction they have with it, their knowledge of its multiple functions, and the quality of greenery with which they normally come in contact; and (3) the results reveal the various marginal WTP values for green spaces in terms of distance from respondents' houses.
AB - This study applies the Life Satisfaction Approach to evaluate green spaces in terms of its affluence, people's preference for greenery, and distance from people's houses. Data are derived from a survey of 2158 respondents in the two largest regions of Japan (Kanto and Kansai) and the green coverage rate is derived from Geographic Information System (GIS) data. The estimation results show that (1) people's marginal willingness to pay (WTP) for green space decreases as the current amount of green space increases; (2) they show how people's marginal WTP increases in proportion with their affection for it, the amount of interaction they have with it, their knowledge of its multiple functions, and the quality of greenery with which they normally come in contact; and (3) the results reveal the various marginal WTP values for green spaces in terms of distance from respondents' houses.
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U2 - 10.1016/j.ecolecon.2015.09.023
DO - 10.1016/j.ecolecon.2015.09.023
M3 - Article
AN - SCOPUS:84945175488
SN - 0921-8009
VL - 120
SP - 1
EP - 12
JO - Ecological Economics
JF - Ecological Economics
ER -