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dc.contributor.authorBerman, Matthew
dc.contributor.authorArmagost, Jeffrey
dc.date.accessioned2014-06-10T01:15:15Z
dc.date.available2014-06-10T01:15:15Z
dc.date.issued2013-02
dc.identifier.urihttp://hdl.handle.net/11122/3866
dc.description.abstractGrowing interest in quantifying values of ecosystem services has generated numerous studies attempting to measure the contribution of neighborhood environmental amenities to urban and suburban property values. Proximity to freshwater resources -- lakes and streams -- has also figured prominently in many of these studies. Alaska’s Matanuska-Susitna (Mat-Su) Borough, analogous to a county under state law, is a large and rapidly urbanizing local government jurisdiction adjacent to Anchorage, the state’s largest metropolitan area. As the population of the borough grows, and more land becomes subdivided and developed, an important question arises regarding the contribution of remaining undeveloped land and natural amenities to the economy of the borough. Visitors who are attracted to the scenery and recreation opportunities of the borough capture some of that value, and contribute to the borough economy through local purchases of goods and services. Private owners of borough real estate, who are willing to pay more for property located close to natural areas and recreation sites, also appropriate a portion of the value, however. This study focuses on this latter component of value of ecosystem services. It provides estimates of the enhanced value of private residential property and undeveloped land in the Mat-Su borough created by local protected open space and outdoor recreation opportunities. After briefly describing the Mat-Su Borough region, we summarize the valuation methods and the data available for the study. Then we present statistical results, followed by a discussion of the implications of the findings for valuing ecosystem services in the Borough. We conclude with suggestions for future research to improve the estimates.en_US
dc.description.sponsorshipThe Nature Conservancy of Alaska. The Bullitt Foundation. The U.S. Fish and Wildlife Serviceen_US
dc.language.isoen_USen_US
dc.publisherInstitute of Social and Economic Research, University of Alaska Anchorageen_US
dc.titleContribution of Land Conservation and Freshwater Resources to Residential Property Values in the Matanuska-Susitna Boroughen_US
dc.typeReporten_US
refterms.dateFOA2020-02-18T01:20:46Z


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