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dc.contributor.authorAmbrey, Christopher L.
dc.contributor.authorFleming, Christopher M.
dc.contributor.editorNguyen, Tom
dc.date.accessioned2020-01-16T07:53:54Z
dc.date.available2020-01-16T07:53:54Z
dc.date.issued2011
dc.identifier.issn1837-7750
dc.identifier.otherRePEc:gri:epaper:economics:201103
dc.identifier.urihttp://hdl.handle.net/10072/390452
dc.description.abstractThe life satisfaction approach has recently emerged as a new technique in the suite of options available to non-market valuation practitioners. Employing data from the Household, Income and Labour Dynamics in Australia (HILDA) survey and Geographic Information Systems (GIS), this paper examines the influence of scenic amenity on the life satisfaction of residents of South East Queensland (SEQ), Australia. Measuring scenic amenity on a 10-point scale, it is found that, on average, a respondent is willing to pay approximately AUD$12,000 in household income per annum to obtain a one-unit improvement in scenic amenity. However, on closer inspection, we find that the relationship between willingness-to-pay and the level of scenic amenity is not linear. To our knowledge, this is the first paper to value scenic amenity using the life satisfaction approach and is the first paper to use this approach to value any type of environmental good or service in SEQ. As such, this paper represents a genuine contribution to a small, yet growing, body of literature.
dc.format.extent34 pages
dc.languageEnglish
dc.publisherGriffith University
dc.publisher.placeBrisbane, Australia
dc.relation.ispartofpagefrom1
dc.relation.ispartofpageto34
dc.subject.keywordsI31 - General Welfare
dc.subject.keywordsQ51 - Valuation of Environmental Effects
dc.subject.keywordsC21 - Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
dc.subject.keywordsR10 - General Regional Economics (includes Regional Data)
dc.subject.keywordsScenic Amenity
dc.subject.keywordsNon-market Valuation
dc.subject.keywordsLife Satisfaction
dc.subject.keywordsHappiness
dc.subject.keywordsHousehold
dc.subject.keywordsIncome and Labour Dynamics in Australia
dc.subject.keywordsHILDA
dc.subject.keywordsGeographic Information Systems
dc.title2011-03: Valuing scenic amenity using life satisfaction data (Working paper)
dc.typeReport
dc.type.descriptionDiscussion Paper
gro.facultyGriffith Business School
gro.description.notepublicEconomics and Business Statistics
gro.rights.copyrightCopyright © 2010 by author(s). No part of this paper may be reproduced in any form, or stored in a retrieval system, without prior permission of the author(s).
gro.date.issued2011
gro.hasfulltextFull Text
gro.griffith.authorFleming, Christopher


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