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Revealed preferences for outdoor recreation in natural areas - Czech and European perspective
Kaprová, Kateřina ; Melichar, Jan (advisor) ; Brůha, Jan (referee) ; Šauer, Petr (referee)
K. Kaprová (2019): Revealed preferences for outdoor recreation in natural areas - Czech and European perspective Abstract of the Doctoral Dissertation The dissertation thesis focuses on the investigation and synthesis of recreation welfare benefits associated with natural areas in the Czech Republic and in Europe. The dissertation thesis consists of five case studies. These represent various geographic levels of analysis: the level of one single recreation locality, the national level that takes into account large natural recreation sites in the Czech Republic (including protected areas), and a synthesis of results of studies on the European level. The methodological approach is based on the theory of environmental economics and employs non-market valuation techniques based on methods of revealed preferences, namely the hedonic pricing method and two types of travel cost modelling. In Study I, we examine how the presence and characteristics of urban greenery affect property prices in Prague. The results confirm that proximity to greenery and its area are important determinants of housing prices in Prague, which means that residents realize the positive values provided by urban greenery, including recreational ecosystem service. Benefits to residents differ with the type of greenery. Urban forests have the...
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Revealed preferences for outdoor recreation in natural areas - Czech and European perspective
Kaprová, Kateřina ; Melichar, Jan (advisor) ; Brůha, Jan (referee) ; Šauer, Petr (referee)
K. Kaprová (2019): Revealed preferences for outdoor recreation in natural areas - Czech and European perspective Abstract of the Doctoral Dissertation The dissertation thesis focuses on the investigation and synthesis of recreation welfare benefits associated with natural areas in the Czech Republic and in Europe. The dissertation thesis consists of five case studies. These represent various geographic levels of analysis: the level of one single recreation locality, the national level that takes into account large natural recreation sites in the Czech Republic (including protected areas), and a synthesis of results of studies on the European level. The methodological approach is based on the theory of environmental economics and employs non-market valuation techniques based on methods of revealed preferences, namely the hedonic pricing method and two types of travel cost modelling. In Study I, we examine how the presence and characteristics of urban greenery affect property prices in Prague. The results confirm that proximity to greenery and its area are important determinants of housing prices in Prague, which means that residents realize the positive values provided by urban greenery, including recreational ecosystem service. Benefits to residents differ with the type of greenery. Urban forests have the...
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Influence of green areas on real estate prices in Bratislava
Ondrejková, Lenka ; Kaprová, Kateřina (advisor) ; Melichar, Jan (referee)
The aim of this diploma thesis is the estimation of the influence of green areas on real estate prices in Bratislava, SK. Being not a public good green areas are not market valuated which makes the decision about its size and placement in urban areas problematic. This thesis was written with an aim to evaluate the benefit of greenery and help future decision making concerning green urban areas in Bratislava. Theoretical part points out current situation of green urban areas in Bratislava and real estate market development. It also demonstrates some of the benefits coming from urban greenery and defines hedonic pricing method. Practical part is focused on greenery value estimation using HPM. It analyzes geografical data altogether with real estate data and based on five regression models using various groups of environmental variables estimates the impact of different types of greenery on the real estate prices in Bratislava.
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Factors influencing prices of rental offices in Prague
Řeháček, Martin ; Svoboda, Miroslav (advisor) ; Mirvald, Michal (referee)
The thesis is focused on selected determinants which influence price of rental offices in Prague. The paper analyses a sample of 617 offices published on sreality.cz during July 2013. Using linear regression it was found out that each kilometer of the distance from center of the capital city, price of offices decreases by 2 %. It was also discovered that offices situated in skeleton buildings are by 25 % more expensive to rent than offices located in buildings made of bricks, or there was also found out that supply of offices including a garage makes them by 15 % more expensive than offices without it. The thesis also brought a surprise when there was discovered that the cheapest offices to rent are situated in City Region of Prague 3 although it is located in centre of Prague right next to City Region of Prague 1 with the most expensive offices to rent.
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Impact of urban greenery on the property value in Prague
Kaprová, Kateřina ; Melichar, Jan (advisor) ; Vojáček, Ondřej (referee)
The main purpose of the diploma thesis is to estimate the impact of urban vegetation on real estate prices in terms of hedonic pricing method and furthermore to suggest a way how the estimated results should be implemented into decision-making within green areas of Prague. In the legal setting of Czech republic, the greenery is almost entirely provided to citizens through public budgets. As many effects of green areas do not come through markets, the decision-making about optimal quantity of greenery supplied comes to be heavily problematic. Concerning this, contibution of urban vegetation to the well-being of residents estimated in this thesis may become fundamental guide-post for public bodies. The theorethical part of the thesis is devoted to the problematics of green areas as an economic good and to the specification of urban greenery in Prague.Then the method used is shortly characterised. The practical part deals with choice of the appropriate variables representing urban greenery on the basis of relevant literature search. The main scope of the practical part is to describe and analyze property data set from Prague and finally to examine the impact of chosen environmental variables on the property prices.
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The effect of the train noise on prices od properties in Prague:hedonic pricing method
Šebková, Veronika ; Melichar, Jan (advisor) ; Šohajová, Renata (referee)
The aim of this diploma thesis is to determine what is the effect of the train noise on prices of properties in Prague. This influence is investigated by using the method of hedonic price. The theoretical part is devoted not only to the problematic of the train noise and its physical properties but also to its impact on humans and the prices of apartments. Then the train noise is specified as well as its issuers and the ways in which it is possible to defend from the negative effects of the impact of the train noise. The thesis also explains the various stages of the method of hedonic price together with the theoretical part of Foreign Studies which have been engaged in using the method of hedonic price and the train noise. In the empirical part are used the knowledge from search, the selected variables are discussed and are submitted to descriptive analysis and the hypothesis are given. Then the model works through a regression analysis of function of the method of hedonic price and the various results are discussed. This thesis finishes by calculating the implicit prices and elasticities for the individual variables in the selected models. At the very end recommendations and the benefits resulting from the analysis are drawn.
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The impacts of building the international airport Vodochody on the housing prices in the Bašť municipality
Hrabánková, Tereza ; Gráf, Václav (advisor) ; Řežábek, Pavel (referee)
The subject of this thesis is to estimate the impacts of building the international airport Vodochody on the housing prices in the Bašť municipality. This thesis aims to forecast how the housing prices will change when the airport is in operation. The theoretical section is devoted to the issue of externalities associated with airports and their possible solutions. I will be focusing on the hedonic pricing method, the benefit transfer method and the significance of the Noise Depreciation Index. The main contribution of this thesis is to assess the likely fall in housing prices in the Bašť municipality.
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