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

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...

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Bibliographic Details
Main Author: Phillips, Spencer R.
Other Authors: Agricultural and Applied Economics
Format: Others
Published: Virginia Tech 2011
Subjects:
Online Access:http://hdl.handle.net/10919/11104
http://scholar.lib.vt.edu/theses/available/etd-02042004-141616