Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
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Daily Overview |
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Egg-Timer: Natural Capital and Resource Economics Location: D-107 Session Chair: Yue Li, Beijing Institute of Technology | |
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The land price impacts of water quality in China 1: Renmin University of China, People's Republic of; 2: Huazhong Agricultural University, China, People's Republic of The prices of lands up to 20km away from a river are responsive to river's water quality. As the land's distance to water increases, the land prices appear to be more sensitive to superior water quality and the price gradient becomes steeper. Land buyers' perceptions and expectations based on historical water quality status shape their decisions on land bidding prices. The visibility of water quality status serves as another pivotal role influencing buyers' bidding prices. The impacts of water quality on land prices are also contingent on the specific land uses. Additionally, the land price impacts of water quality are universal in terms of rivers and lakes. Over the past two decades, public preferences for water quality in China have evolved. As average water quality improved, additional improvements yield smaller economic gains in terms of land values. | |