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An Assessment of Soil Erosion Impacts on Lakeside Property Values in Ohio: A Hedonic Pricing Method (HPM) Application

OhioLink ETD Center (Ohio Library and Information Network)Published 1 November 1995Open access
Somskaow Bejranonda
Citations4
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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.

Keywords

Economics, Econometrics and FinanceEngineering