Subtitle:

Studia Obszarów Wiejskich = Rural Studies, t. 52

Publisher:

IGiPZ PAN ; PTG

Place of publishing:

Warszawa

Description:

24 cm

Type of object:

Journal/Article

Abstract:

The aim of the study is to create a conceptual framework for the valuation of the endogenous influence of public goods in rural areas using the new approach: the economic surplus valuation method (ESV), which implements the concept of producer and consumer rent. A distinctive feature of the ESV, compared to other market-based valuation methods is the assumption that public goods exert an endogenous impact upon resources and their productivity, but do not act in the model as exogenous variables (as it is in the case of hedonic pricing methods; the HPM). The authors’ approach limits the issues related to the specification bias within the HPM. Moreover, this manner reduces the problems associated with model specification errors in the HPM. The authors argue that ignoring the endogenous impact of public goods on resources and their productivity can lead to distorted results.

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Relation:

Studia Obszarów Wiejskich

Volume:

52

Start page:

7

End page:

21

Detailed Resource Type:

Article

Format:

File size 0,7 MB ; application/octet-stream

Resource Identifier:

oai:rcin.org.pl:76834 ; 1642-4689 ; 10.7163/SOW.52.1

Source:

CBGiOŚ. IGiPZ PAN, call no. Cz.4488 ; CBGiOŚ. IGiPZ PAN, call no. Cz.4489 ; click here to follow the link

Language:

pol

Language of abstract:

eng

Rights:

Creative Commons Attribution BY 4.0 license

Terms of use:

Copyright-protected material. [CC BY 4.0] May be used within the scope specified in Creative Commons Attribution BY 4.0 license, full text available at: ; -

Digitizing institution:

Institute of Geography and Spatial Organization of the Polish Academy of Sciences

Original in:

Central Library of Geography and Environmental Protection. Institute of Geography and Spatial Organization PAS

Projects co-financed by:

Operational Program Digital Poland, 2014-2020, Measure 2.3: Digital accessibility and usefulness of public sector information; funds from the European Regional Development Fund and national co-financing from the state budget.

Access:

Open