Evaluation of Externality of Parks, Grounds etc. and Forest in the South Western Area of Tokyo

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  • 東京南西部における公園・運動場等と樹林地による外部経済効果の評価
  • トウキョウ ナンセイブ ニ オケル コウエン ウンドウジョウ トウ ト ジュリンチ ニ ヨル ガイブ ケイザイ コウカ ノ ヒョウカ

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Abstract

The purpose of this study is to evaluate externality of parks, grounds etc. and forest using ASTER image which is one of the satellite remote sensing data and land use GIS data. For this purpose, we use hedonic approach. We extract forest using ASTER image, and parks, grounds etc. using land use GIS data. And we classify forest and parks, grounds etc. into forest in parks, grounds etc., non-forest in parks, grounds etc. and forest not in parks, grounds etc. We apply the south western area of Tokyo, which are Shinagawa Ward, Ohta Ward, Setagaya Ward, Meguro Ward, Shibuya Ward, Suginami Ward and Nakano Ward. The results were as follows. 1) In linear and semi-log, these models were the most fit to land price when the externality of parks, grounds etc. and forest were within 250m from land price point. 2) Forest in parks, grounds etc. within 250m from land price point was positive to land price and statistically significant at the 1% level. 3) Forest not in parks, grounds etc. within 250m from land price point was not statistically significant to land price.

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