Measuring the Effects of Public Land Use Change: An Analysis of Greenways in Raleigh, North Carolina

Lee C. Parton

doi:10.1016/j.landusepol.2023.106689

Measuring the Effects of Public Land Use Change: An Analysis of Greenways in Raleigh, North Carolina

Lee C. Parton

Economics Department

Research output: Contribution to journal › Article › peer-review

9 Scopus citations

Abstract

From 2010–2015 Wake County, NC, and the City of Raleigh, have experienced prolific growth of outdoor amenities, primarily financed through the passage of parks and open space bond referenda. Wake County currently has over 100 miles of off-street, paved greenway trails connecting schools, parks museums and commercial areas, 65 miles of which have been added from 2010 to 2015. As a result of the expansion of the Capital Area Greenway System, several neighborhoods in Wake County now have access to new recreation and transportation opportunities. This research estimates the effects of expanding greenway infrastructure and evaluates heterogeneous demand for greenway infrastructure across households. Using a hedonic framework, I estimate the capitalization effect of greenway expansion, I find heterogeneity in capitalized values ranging from − 4–12% dependent on spatial location and highlight potential drivers of heterogeneous values.

Original language	American English
Article number	106689
Journal	Land Use Policy
Volume	131
DOIs	https://doi.org/10.1016/j.landusepol.2023.106689
State	Published - Aug 2023

Keywords

Greenways
Hedonic Analysis
Nonmarket Valuation
Urban Amenities

EGS Disciplines

Economics

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10.1016/j.landusepol.2023.106689

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title = "Measuring the Effects of Public Land Use Change: An Analysis of Greenways in Raleigh, North Carolina",

abstract = " From 2010–2015 Wake County, NC, and the City of Raleigh, have experienced prolific growth of outdoor amenities, primarily financed through the passage of parks and open space bond referenda. Wake County currently has over 100 miles of off-street, paved greenway trails connecting schools, parks museums and commercial areas, 65 miles of which have been added from 2010 to 2015. As a result of the expansion of the Capital Area Greenway System, several neighborhoods in Wake County now have access to new recreation and transportation opportunities. This research estimates the effects of expanding greenway infrastructure and evaluates heterogeneous demand for greenway infrastructure across households. Using a hedonic framework, I estimate the capitalization effect of greenway expansion, I find heterogeneity in capitalized values ranging from − 4–12\% dependent on spatial location and highlight potential drivers of heterogeneous values.",

keywords = "Greenways, Hedonic Analysis, Nonmarket Valuation, Urban Amenities",

author = "Parton, \{Lee C.\}",

note = "Publisher Copyright: {\textcopyright} 2023 Elsevier Ltd",

year = "2023",

month = aug,

doi = "10.1016/j.landusepol.2023.106689",

language = "American English",

volume = "131",

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T1 - Measuring the Effects of Public Land Use Change: An Analysis of Greenways in Raleigh, North Carolina

AU - Parton, Lee C.

PY - 2023/8

Y1 - 2023/8

N2 - From 2010–2015 Wake County, NC, and the City of Raleigh, have experienced prolific growth of outdoor amenities, primarily financed through the passage of parks and open space bond referenda. Wake County currently has over 100 miles of off-street, paved greenway trails connecting schools, parks museums and commercial areas, 65 miles of which have been added from 2010 to 2015. As a result of the expansion of the Capital Area Greenway System, several neighborhoods in Wake County now have access to new recreation and transportation opportunities. This research estimates the effects of expanding greenway infrastructure and evaluates heterogeneous demand for greenway infrastructure across households. Using a hedonic framework, I estimate the capitalization effect of greenway expansion, I find heterogeneity in capitalized values ranging from − 4–12% dependent on spatial location and highlight potential drivers of heterogeneous values.

AB - From 2010–2015 Wake County, NC, and the City of Raleigh, have experienced prolific growth of outdoor amenities, primarily financed through the passage of parks and open space bond referenda. Wake County currently has over 100 miles of off-street, paved greenway trails connecting schools, parks museums and commercial areas, 65 miles of which have been added from 2010 to 2015. As a result of the expansion of the Capital Area Greenway System, several neighborhoods in Wake County now have access to new recreation and transportation opportunities. This research estimates the effects of expanding greenway infrastructure and evaluates heterogeneous demand for greenway infrastructure across households. Using a hedonic framework, I estimate the capitalization effect of greenway expansion, I find heterogeneity in capitalized values ranging from − 4–12% dependent on spatial location and highlight potential drivers of heterogeneous values.

KW - Greenways

KW - Hedonic Analysis

KW - Nonmarket Valuation

KW - Urban Amenities

UR - https://www.scopus.com/pages/publications/85153089529

UR - https://scholarworks.boisestate.edu/cgiss_facpubs/83

U2 - 10.1016/j.landusepol.2023.106689

DO - 10.1016/j.landusepol.2023.106689

M3 - Article

SN - 0264-8377

VL - 131

JO - Land Use Policy

JF - Land Use Policy

M1 - 106689

ER -

Measuring the Effects of Public Land Use Change: An Analysis of Greenways in Raleigh, North Carolina

Abstract

Keywords

EGS Disciplines

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