The Influence of Riparian Protection Measures on Residential Property Values: The Case of the Oregon Plan for Salmon and Watersheds

The Oregon Plan for Salmon and Watersheds encourages residential property owners to plant riparian buffers in an effort to reduce stream temperature and thus improve fish habitat. This study estimates the change in the value of streamside residential properties in response to planting a treed riparian buffer. A hedonic pricing analysis suggests that treed riparian buffers reduce the market value of stream-front residential property in the study area.

[1]  Nestor M. Arguea,et al.  Econometric issues of estimating hedonic price functions: With an application to the U.S. market for automobiles , 1993 .

[2]  H. White.  A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity , 1980 .

[3]  L. M. Anderson,et al.  Influence of Trees on Residential Property Values in Athens, Georgia (U.S.A. ) : A Survey based on Actual Sales Prices , 1988 .

[4]  Cheryl R. Doss,et al.  The Influence of Wetland Type and Wetland Proximity on Residential Property Values , 1996 .

[5]  Matthew S. Boyd.  Heat source : stream, river and open channel temperature prediction , 1996 .

[6]  Jerry G. Thursby.  Misspecification, Heteroscedasticity, and the Chow and Goldfeld-Quandt Tests , 1982 .

[7]  S. W. Hostetler,et al.  ANALYSIS AND MODELING OF LONG‐TERM STREAM TEMPERATURES ON THE STEAMBOAT CREEK BASIN, OREGON: IMPLICATIONS FOR LAND USE AND FISH HABITAT , 1991 .

[8]  Brent L. Mahan,et al.  Valuing Urban Wetlands: A Property Price Approach , 1996 .

[9]  V. Smith.  Experiments with a Decentralized Mechanism for Public Good Decisions , 1980 .

[10]  Peter Schmidt,et al.  Some Further Results on the Use of OLS and BLUS Residuals in Specification Error Tests , 1976 .

[11]  Lori Lynch,et al.  ANALYZING AGRICULTURAL LANDOWNERS' WILLINGNESS TO INSTALL STREAMSIDE BUFFERS , 2002 .

[12]  Greg T. Smersh,et al.  Pricing Residential Amenities: The Value of a View , 1998 .

[13]  Notie H. Lansford,et al.  Marginal Price of Lake Recreation and Aesthetics: An Hedonic Approach , 1995, Journal of Agricultural and Applied Economics.

[14]  James A. Moore,et al.  Stream temperatures : some basic considerations , 1997 .

[15]  Hedonic Estimation Applied to the Farmland Market in Georgia , 1994, Journal of Agricultural and Applied Economics.

[16]  G. Brown.  Forestry and Water Quality , 1980 .

[17]  Heinz G. Stefan,et al.  Stream temperature dynamics: Measurements and modeling , 1993 .

[18]  David A. Belsley,et al.  Conditioning Diagnostics: Collinearity and Weak Data in Regression , 1991 .

[19]  Sanchita Sengupta,et al.  The value of remoteness: a hedonic estimation of ranchette prices. , 2003 .

[20]  R. Halvorsen,et al.  The Interpretation of Dummy Variables in Semilogarithmic Equations , 1980 .

[21]  D. Cox,et al.  An Analysis of Transformations , 1964 .

[22]  J. B. Ramsey,et al.  Tests for Specification Errors in Classical Linear Least‐Squares Regression Analysis , 1969 .

[23]  S. N. Kulshreshtha,et al.  Economic Evaluation of Aesthetic Amenities: a Case Study of River View , 1993 .