The Effect of Natural Space on Nearby Property Prices: Accounting for Perceived Attractiveness
利用荷兰数据，结合土地利用和感知吸引力数据，估计了有吸引力的自然空间对住宅房产价格的影响，发现距离0.5公里内房价上涨16%，7公里内仍上涨1.6%。
This paper estimates the effect of attractive natural space on Dutch residential property prices. We operationalize attractive natural spaces by combining land use data with unique data on the perceived attractiveness of natural spaces. In our main results, the effect of attractive natural space on property prices falls from 16.0% for properties within 0.5 km, to 1.6% for properties up to 7 km away. Our findings advance existing hedonic studies by verifying that economic benefits of living near natural space extend over a larger distance. This has important implications for public policy regarding investment in natural space near residential areas. <i></i>