Sangam: A Confluence of Knowledge Streams

Windfalls for Wilderness: Land Protection and Land Value in the Green Mountains

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dc.contributor Agricultural and Applied Economics
dc.contributor McGuirk, Anya M.
dc.contributor Amacher, Gregory S.
dc.contributor Alwang, Jeffrey R.
dc.contributor Tideman, Thorwald Nicolaus
dc.contributor Shabman, Leonard A.
dc.creator Phillips, Spencer R.
dc.date 2011-08-22T18:53:12Z
dc.date 2011-08-22T18:53:12Z
dc.date 2004-01-19
dc.date 2004-02-04
dc.date 2005-02-11
dc.date 2004-02-11
dc.date.accessioned 2023-02-28T18:20:59Z
dc.date.available 2023-02-28T18:20:59Z
dc.identifier etd-02042004-141616
dc.identifier http://hdl.handle.net/10919/11104
dc.identifier http://scholar.lib.vt.edu/theses/available/etd-02042004-141616
dc.identifier.uri http://localhost:8080/xmlui/handle/CUHPOERS/269662
dc.description Land is a composite good, the price of which varies with its characteristics, including proximity to amenities. Analysis of data from sales of land near Green Mountain National Forest wilderness areas in a hedonic price model reveals a positive relationship between proximity to protected wilderness and market values for residential properties. The applications of this result include improved consideration of the positive economic impacts of land conservation in political deliberations over public land management and new mechanisms for financing land conservation, local planning and development efforts, and maintenance of affordable housing in high-amenity/high-cost areas.
dc.description Ph. D.
dc.format ETD
dc.format application/pdf
dc.publisher Virginia Tech
dc.relation Phillips-Spencer_VPISU-AAEC_PHD-Dissertation_2004-02-10.pdf
dc.rights In Copyright
dc.rights http://rightsstatements.org/vocab/InC/1.0/
dc.subject land prices
dc.subject hedonic model
dc.subject wilderness
dc.subject conservation
dc.title Windfalls for Wilderness: Land Protection and Land Value in the Green Mountains
dc.type Dissertation


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