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This paper explores the influence of beach quality on coastal residential property values. We hypothesize that beach and dune width provide local public goods in terms of recreation potential and storm/erosion protection, but that this relationship is limited by distance from the shoreline. Our...
Persistent link: https://www.econbiz.de/10013125983
Coastal communities benefit from a diverse array of ecosystem services derived from spatial proximity to common property resources. We hypothesize that property market’s accrual of benefits from ecosystems are predictated not only on the configuration of the built environment that conveys...
Persistent link: https://www.econbiz.de/10014349382