Valuing scenic amenity using life satisfaction data
By C. Ambrey, Christopher M. Fleming. 2011
117 citations recorded by the source corpus.
The life satisfaction approach has recently emerged as a new technique in the suite of options available to non-market valuation practitioners. Employing data from the Household, Income and Labour Dynamics in Australia (HILDA) survey and Geographic Information Systems (GIS), this paper examines the influence of scenic amenity on the life satisfaction of residents of South East Queensland (SEQ), Australia. Measuring scenic amenity on a 10-point scale, it is found that, on average, a respondent is willing-to-pay approximately AUD$14,000 in household income per annum to obtain a one-unit improvement in scenic amenity. However, on closer inspection, we find that the relationship between willingness-to-pay and the level of scenic amenity is not linear. To our knowledge, this is the first paper to value scenic amenity using the life satisfaction approach and is the first paper to use this approach to value any type of environmental good or service in SEQ. As such, this paper represents a genuine contribution to a small, yet growing, body of literature.
Subfields: Economics and Econometrics, Transportation
View Paper: https://www.semanticscholar.org/paper/6a308ef7d666233dd82250f07081e2778c0c3b27
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Citations in the corpus
- Engaging with Natural Beauty May Be Related to Well-Being Because It Connects People to Nature: Evidence from Three Cultures (2017, unknown): “Individuals are generally willing to pay considerably more to live in scenic areas (e.g., Ambrey & Fleming, 2011), which tend to be more natural and undisturbed from human development (e.g., SEQ Regional Scenic Amenity Study, 2005).”
- Public Greenspace and Life Satisfaction in Urban Australia (2014, background): “life satisfaction approach include airport noise (see van Praag and Baarsma, 2005), climate (see Ferreira and Moro, 2010; Frijters and van Praag, 1998; Maddison and Rehdanz, 2011), ecosystem diversity (see Ambrey and Fleming, in press), scenic amenity (see Ambrey and Fleming, 2011), floods (see Luec”
- The impact of economic, social and environmental factors on trip satisfaction and the likelihood of visitors returning (2016, background): “…investigated by (Cuñado & de Gracia, 2013; Levinson, 2012; MacKerron & Mourato, 2009; van Praag & Baarsma, 2005; Welsch, 2002, 2006, 2007a), environmental amenities considered by (Ambrey & Fleming, 2011; Brereton et al., 2008) , whilst proximity to landfill sites studied by (Brereton et al., 2008).”