2021
DOI: 10.36253/aestim-10826
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Farmland value in the “Conegliano Valdobbiadene Prosecco Superiore PGDO” area. An application of the Hedonic Pricing method.

Abstract: In the last 30 years, numerous studies analysed the factors that affect land prices mainly using the Hedonic Pricing method. These studies have shown that many factors can affect land prices (e.g. land and surrounding territory characteristics, accessibility, proximity to urban area, etc.). However, they rarely addressed the analysis of the reliability of the models by comparing the estimated values to the observed one. Attempting to face this problem, our study analysed the land market of the “Conegliano Vald… Show more

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Cited by 6 publications
(11 citation statements)
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References 44 publications
(130 reference statements)
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“…Most importantly, there is a significant gap in the current urban decisionmaking processes in terms of incorporating economic or monetary values associated with the health and/or environmental benefits of trees and greenspace, with only 1 out of the 28 reviewed tools and frameworks partly addressing this [26]. In the sections below, we discuss the strengths and limitations of the two most comprehensive tools we identified in our review: i-Tree Tools [26] and the Melbourne Green Factor Tool [35].…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…Most importantly, there is a significant gap in the current urban decisionmaking processes in terms of incorporating economic or monetary values associated with the health and/or environmental benefits of trees and greenspace, with only 1 out of the 28 reviewed tools and frameworks partly addressing this [26]. In the sections below, we discuss the strengths and limitations of the two most comprehensive tools we identified in our review: i-Tree Tools [26] and the Melbourne Green Factor Tool [35].…”
Section: Discussionmentioning
confidence: 99%
“…The heat regulation function of trees and greenspace can also lead to savings in energy consumption through a reduced need for air-conditioning [34]. Additionally, trees and greenspace can make a direct economic contribution by attracting tourists and improving environmental quality, which, in turn, increases property values [35].…”
Section: Introductionmentioning
confidence: 99%
“…Theory and empirical analysis show that the price of farmland depends on numerous factors. Literature identifies at least three main group of drivers: 1) intrinsic land characteristics; 2) locational characteristics; 3) land planning and presence of easements (Devadoss and Manchu, 2007;De Noni et al, 2019;Tempesta et al, 2021). Soil fertility and, more in general, soil productivity, have a positive effect on prices (Bastian et al, 2002;Drescher et al, 2001;Faux and Perry, 1999;Kostov, 2009;Maddison, 2009;Perry and Robinson, 2001;Sardaro et al, 2018b;Sardaro et al, 2021;Troncoso et al, 2010;Tsoodle et al, 2006;Uematsu et al, 2013;Xu et al, 1993).…”
Section: Introductionmentioning
confidence: 99%
“…The importance of parks within walking distance has been recognized in the past, and parks have been placed in easily accessible locations where residents can conveniently use them in real life [11][12][13]. Furthermore, efforts are being made to increase the park utilization rate by reflecting the diverse needs of the citizens in major global cities [14].…”
Section: Introductionmentioning
confidence: 99%