Green Urban Areas

Reference : Green Urban Areas


	Document type :	E-prints/Working papers : Already available on another site
	Discipline(s) :	Business & economic sciences : Economic systems & public economics
	To cite this reference:	http://hdl.handle.net/10993/39201

Title :	Green Urban Areas
Language :	English
Author, co-author :	Picard, Pierre M [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA) >]
	Tran, Thi Thu Huyen [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA) >]
Publication date :	2019
Peer reviewed :	No
Keywords :	[en] Urban green areas ; amenities ; location theory
Abstract :	[en] This paper studies the size and location of urban green areas across city spaces. Urban green areas offer amenities that affect residential choices, land consumption and land rent. This paper discusses the socially optimal sizes and locations of urban green areas within a city and their decentralized allocation through land markets. The main result is that the share of land dedicated to urban green areas is a concave function of the distance to the city center. This result is confirmed by the empirical study of urban structures in the 305 largest EU cities. The importance of urban green areas is finally assessed by a counterfactual analysis, where 50% of urban green areas are removed in each city.
Target :	Researchers
Permalink :	http://hdl.handle.net/10993/39201
source URL :	https://ideas.repec.org/p/luc/wpaper/19-03.html

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	File	Commentary	Version	Size	Access
Open access	2019_03%20Green%20Urban%20Areas[1].pdf		Author preprint	5.85 MB	View/Open

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