Abstract
The purpose of this study is to analyze externality of forest creation for landscape policy. For this purpose, we use hedonic approach. We analyzed land prices in 23 wards of Tokyo using forest configuration classified by ASTER image. The results were as follows. 1) The externalities of forest were the most fit to land price when forest from land price point was within 300m. 2) The externalities of forest creation were up to 320,400 yen per one square meter and 137,061 yen per one square meter on average. 3) This method is basically useful to apply to landscape policy. [This abstract is not included in the PDF]
