Environmental value of green spaces in Japan: An application of the life satisfaction approach

Tetsuya Tsurumi, Shunsuke Managi

Research output: Contribution to journalArticle

18 Citations (Scopus)

Abstract

This study applies the Life Satisfaction Approach to evaluate green spaces in terms of its affluence, people's preference for greenery, and distance from people's houses. Data are derived from a survey of 2158 respondents in the two largest regions of Japan (Kanto and Kansai) and the green coverage rate is derived from Geographic Information System (GIS) data. The estimation results show that (1) people's marginal willingness to pay (WTP) for green space decreases as the current amount of green space increases; (2) they show how people's marginal WTP increases in proportion with their affection for it, the amount of interaction they have with it, their knowledge of its multiple functions, and the quality of greenery with which they normally come in contact; and (3) the results reveal the various marginal WTP values for green spaces in terms of distance from respondents' houses.

Original languageEnglish
Pages (from-to)1-12
Number of pages12
JournalEcological Economics
Volume120
DOIs
Publication statusPublished - Dec 1 2015

All Science Journal Classification (ASJC) codes

  • Environmental Science(all)
  • Economics and Econometrics

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