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Main Title: The greener, the happier?
Subtitle: the effect of urban land use on residential well-being
Author(s): Krekel, Christian
Kolbe, Jens
Wüstemann, Henry
Type: Article
Language Code: en
Is Part Of: 10.14279/depositonce-6151
Abstract: We investigate the effect of urban land use on residential well-being in major German cities, using panel data from the German Socio-Economic Panel and cross-section data from the European Urban Atlas. We reduce concerns about endogeneity by employing fixed-effects (within) estimators, with individual and city of residence fixed effects, while controlling for a rich set of observables. The results show that access to green urban areas, such as gardens and parks, is positively associated with, whereas access to abandoned areas, such as waste or leftover land, is negatively associated with life satisfaction. The effects are strongest for residents who are older, accounting for up to a third of the size of the effect of being unemployed on life satisfaction. We calculate the marginal willingness-to-pay of residents in order to have access to green urban and abandoned areas in their surroundings, as well as the life-satisfaction maximising amounts of them. Finally, we provide a policy case study, while discussing limitations and avenues for future research.
Issue Date: 2016
Date Available: 29-Jan-2018
DDC Class: 330 Wirtschaft
333 Boden- und Energiewirtschaft
Subject(s): life satisfaction
urban land use
green urban areas
abandoned areas
German Socio-Economic Panel
European Urban Atlas
monetary valuation
spatial analysis
Journal Title: Ecological economics
Publisher: Elsevier Science
Publisher Place: Amsterdam [u.a.]
Volume: 121
Publisher DOI: 10.1016/j.ecolecon.2015.11.005
Page Start: 117
Page End: 127
ISSN: 0921-8009
Appears in Collections:FG Ökonometrie und Wirtschaftsstatistik » Publications

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