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Title: ECONOMIC VALUE OF PUBLIC SPACE
ECONOMIC VALUE OF PUBLIC SPACE

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Inta Ozola; Lilita Sproge; Una Libkovska
10.5593/sgem2022/5.1/s20.017
10.5593/sgem2022/5.1
1314-2704
978-619-7603-46-0
English
22
5.1
•    Prof. DSc. Oleksandr Trofymchuk, UKRAINE 
•    Prof. Dr. hab. oec. Baiba Rivza, LATVIA
Ecology and Environmental Protection
As the population of metropolitan areas grows, so does the need for private and public outdoor space. In turn, in some EEA (European Economic Area) countries, urban populations are declining, reducing outdoor requirements, and increasing the potential for biodiversity or land degradation. The understanding of private property and its value is constantly evolving and improving. Private property and public outdoor space can mean both concepts or be considered separately. The aim of research on the economic value of urbanized public outdoor space was to conduct literature knowledge appropriate to the research topic. The method of literature analysis is used in the research. The research is carried out by providing an overview of the significant publications in the research of the topic (citation context analysis), identifying the most frequently used terms, as well as the latest theoretical findings, and definitions. As a result of the research, it has been concluded that several other terms are used in research on public outdoor space - public realm, green space, etc. On the other hand, the public good is characterized by the availability of its use to all members of society and its use is free of charge; however, some authors of recent publications explain this understanding of the concept in a different context. The problem with public outdoor space as a public good is that property maintained by the state and local governments is maintained with public funding, and its free value in the context of the public good is a rather conceptual assumption, and so on. In order to continue the study of the value of public outdoor space, it is important to create an understanding of the use and meaning of the concepts, which are analyzed in this study.
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conference
https://doi.org/10.5593/sgem2022/5.1/s20.017
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Proceedings of 22nd International Multidisciplinary Scientific GeoConference SGEM 2022
22nd International Multidisciplinary Scientific GeoConference SGEM 2022, 04 - 10 July, 2022
Proceedings Paper
STEF92 Technology
International Multidisciplinary Scientific GeoConference SGEM
SWS Scholarly Society; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Serbian Acad Sci and Arts; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; European Acad Sci, Arts and Letters; Acad Fine Arts Zagreb Croatia; Croatian Acad Sci and Arts; Acad Sci Moldova; Montenegrin Acad Sci and Arts; Georgian Acad Sci; Acad Fine Arts and Design Bratislava; Turkish Acad Sci.
127-134
04 - 10 July, 2022
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public space, public goods, economic value, urban environment, sustainable development