Greenery and Subjective Well-being: Assessing the Monetary Value of Greenery by Type

Tetsuya Tsurumi, Atsushi Imauji, Shunsuke Managi

Research output: Contribution to journalArticlepeer-review

8 Citations (Scopus)

Abstract

This study shows the monetary value of greenery in Tokyo by type, based on the relationship between greenery types and well-being indices. We use multiple measures to measure well-being, including the Cantril ladder, life satisfaction, subjective happiness, affect balance, and mental health, as each of these measures may capture a different aspect of well-being. We utilize QuickBird satellite images with a pixel resolution of 61 cm, which have not been used in previous studies. This allows us to extract greenery data at the tree level, which is a method we expect to contribute to a more reliable evaluation of greenery. Our estimation results show that the valuations of greenery change depending on the choice of index used to measure well-being and the type of greenery.

Original languageEnglish
Pages (from-to)152-169
Number of pages18
JournalEcological Economics
Volume148
DOIs
Publication statusPublished - Jun 2018

All Science Journal Classification (ASJC) codes

  • Environmental Science(all)
  • Economics and Econometrics

Fingerprint Dive into the research topics of 'Greenery and Subjective Well-being: Assessing the Monetary Value of Greenery by Type'. Together they form a unique fingerprint.

Cite this