A comparative analysis of methods for the valuation of urban trees in Santiago del Estero, Argentina
Abstract
Trees are living elements interspersed throughout our cities, and are considered by economists to be "fixed assets". Though they form part of our cities they do not have a set price as normally understood and calculated within the framework of a perfectly competitive market. The main aim of this article was to compare the main methods developed in the USA (North American) and Europe (Finnish, Swiss, French and Capitalisation methods) for determining the monetary value of urban trees in the town of Santiago del Estero, northeastern Argentina. The values of eight specimens of the most abundant species in the city (Brachychiton populneum, Citrus auriantum, Grevillea robusta, Jacaranda mimosifolia, Sapindus saponaria, Tabebuia impetiginosa, Thevetia peruviana, and Tipuana tipu) were calculated using all five methods mentioned above and the mean values returned compared by ANOVA. The results suggest a methodology combining both capitalisation and parametric indices might be the most useful way of determining the value of city trees.Downloads
© CSIC. Manuscripts published in both the printed and online versions of this Journal are the property of Consejo Superior de Investigaciones Científicas, and quoting this source is a requirement for any partial or full reproduction.
All contents of this electronic edition, except where otherwise noted, are distributed under a “Creative Commons Attribution 4.0 International” (CC BY 4.0) License. You may read here the basic information and the legal text of the license. The indication of the CC BY 4.0 License must be expressly stated in this way when necessary.
Self-archiving in repositories, personal webpages or similar, of any version other than the published by the Editor, is not allowed.