G. Giannoccaro, Biagio Goduto, M. Prosperi, B. D. Gennaro
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Assessing irrigation water value using hedonic pricing method. The Reclamation and Irrigation board of Capitanata (Apulia region)
In this paper a heuristic evaluation of irrigation water is carried out using the hedonic pricing method of sales comparison approach – SCA. A comparison between irrigated and rain-fed farmland is performed. Due to the incomplete information on the land market, the analysis is based on survey conducted on a group of 118 farmers. The assessment of irrigation water value and the supply guarantee is carried out on the farmland area of the Reclamation and Irrigation board of Capitanata (Apulia region).
期刊介绍:
Aestimum is a peer-reviewed Journal dedicated to the methodological study of appraisal and land economics. Established in 1976 by the Italian Association of Appraisers and Land Economists, which was legally recognized by Ministerial Decree, March 1993. Topics of interests comprise rural, urban and environmental appraisal, evaluation of public investments and land use planning. All the areas under discussion are addressed to the International scene. The interdisciplinary approach is one of the mainstays of this editorial project and all of the above mentioned topics are developed taking into consideration the economic, legal and urban planning aspects. Aestimum is biannual Journal and publishes articles both in Italian and English. Articles submitted are subjected to a double blind peer review process.