Estimating Irrigation Water Value Using Hedonic Price Analysis: A Case Study in Malheur County, Oregon

1999 ◽  
Vol 75 (3) ◽  
pp. 440 ◽  
Author(s):  
John Faux ◽  
Gregory M. Perry
New Medit ◽  
2019 ◽  
Vol 18 (4) ◽  
Author(s):  
Osman Kilic ◽  
Ugur Baser ◽  
Coskun Gulser

The objective of this study was to determine the factors affecting urban land prices in Atakum district of Samsun province, Turkey. Agricultural lands in Atakum changed to urban lands especially within the last 20 years due to increasing population and public facilities such as; roads, tram line, schools, etc. Data used in this study were collected in questionnaires on 64 land parcels sold by real estate agents in 2017. The factors affecting urban land prices were determined with Hedonic Price Analysis. The significance of model parameters was tested, and the variability of land prices was verified for the hypothesized relationships between the significant parameters and the parcel price. The significant factors affecting urban land price were distance to coast, floor area ratio, parcel size, parcel shape, distance to tram station, post office and bus station.


2012 ◽  
Vol 17 (6) ◽  
pp. 446-462 ◽  
Author(s):  
Heidi M. Pitts ◽  
Jennifer A. Thacher ◽  
Patricia A. Champ ◽  
Robert P. Berrens

2018 ◽  
Vol 120 (6) ◽  
pp. 1264-1279 ◽  
Author(s):  
Lala Hu ◽  
Andrea Baldin

PurposeThe purpose of this paper is to analyse the country of origin (COO) effect on wine purchase in China by considering a sample from an e-commerce website. The paper contribute to the literature on hedonic pricing by applying this model to the Chinese market and including COO as product attribute.Design/methodology/approachA hedonic price model is adopted to measure the effect of search attributes on wine sales in China. A reduced form of the classical hedonic analysis is used as in Nerlove (1995), given the assumption that prices and attributes are taken as exogenous to consumers.FindingsResults show that the COO represents the attribute that most influences wine sales in China. Protected indicators of origin, which denote wine with recognised certificates, are also significant, reinforcing the importance of the production area. Vintage attribute does not impact sales, suggesting a low level of consumer experience with wine.Research limitations/implicationsThe study suffers from the limitations of results’ generalisability, given the size and characteristics of the sample. In the future research, the model should be tested on a larger sample. Moreover, it can be applied on other products, in which COO represents an information and quality cue.Practical implicationsFirms operating in sectors where COO implies specific characteristics of quality should enhance this attribute in their marketing strategies to increase their competitive advantage. Also policy implications with respect to the governmental actions to support wine producers are discussed.Originality/valueHedonic price analysis represents a well-established model; however, to the best of the authors’ knowledge it has never been used in China before. This study also highlights the primary role of COO as search attribute in wine purchase.


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