An Assessment of Soil Erosion Impacts on Lakeside Property Values in Ohio: A Hedonic Pricing Method (HPM) Application
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Date
1995-11
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Publisher
Ohio State University. Department of Agricultural, Environmental, and Development Economics
Abstract
A hedonic pricing model is developed for estimating the effects of structural, community and environmental (sedimentation) factors on lakeside property values at 15 Ohio state park lakes. A demand system is developed and upstream soil conservation practices and dredging activity are simulated to measure the economic welfare changes.