The value of urban open space: meta-analyses of contingent valuation and hedonic pricing results

Urban Farm DB summary

Runs separate meta-analyses of the contingent-valuation and hedonic-pricing literatures to examine which physical, socio-economic and study-design characteristics drive the value of urban open space. Finds a positive, significant relationship between population density and open-space value, and that urban parks are valued more highly than forest, farmland or undeveloped land - but flags that methodological differences across studies have a large effect on estimates and that regional preference differences may limit how transferable any single value estimate is.