Abstract
This study estimates the relationships between green and blue nature and the life satisfaction (LS) of residents in the six largest cities in the Netherlands to monetize the value of urban nature. The analysis uses both survey and geographic information system (GIS) data on the availability of nature to examine the influence of this methodological choice on the valuation outcomes. The main findings are that different indicators of the availability of nature consistently reveal positive relationships with reported LS, which implies substantial marginal willingness-to-pay (MWTP) values for urban nature. Valuation results based on the survey data indicate higher MWTPs compared to GIS data on nature availability, which may be explained by the more disaggregated data from surveys on the availability and use of nature.
| Original language | English |
|---|---|
| Article number | 101406 |
| Journal | Resource and Energy Economics |
| Volume | 75 |
| DOIs | |
| Publication status | Published - Oct 2023 |
Bibliographical note
Funding Information:This study was funded by the project NATURVATION (Grant No 730243 ) and the project NATURANCE (Grant No 101060464 ) of the Horizon 2020 Framework Programme of the European Union .
Publisher Copyright:
© 2023 The Authors
Funding
This study was funded by the project NATURVATION (Grant No 730243 ) and the project NATURANCE (Grant No 101060464 ) of the Horizon 2020 Framework Programme of the European Union .
Keywords
- Environmental valuation
- Life satisfaction
- Spatial analysis
- Urban nature
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