Abstract
This paper evaluates social benefits of accessible waterfront spaces and preserving beaches through the hedonic approach over land prices in the seaside districts of the Osaka Bay Area. Several points to utilize hedonic price method for the social benefits estimation of environmental resources are, firstly, discussed, as well as identifying theoretical backgrounds of the method. One hundred and twenty land price data are, secondly, analyzed after setting the site-attributable environmental variables and district variables to indicate the district-scale environmental characteristics where the land price sample is located. District-wide benefits by the environmental resources are identified and social value of the beach was calculated as a hypothetical case study.
