期刊
JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT
卷 72, 期 -, 页码 177-196出版社
ACADEMIC PRESS INC ELSEVIER SCIENCE
DOI: 10.1016/j.jeem.2015.04.006
关键词
Housing prices; Environment; Wind farms; Infrastructure; Energy
资金
- UK Economic and Social Research Council [ES/J021342/1]
- UK Government Department of Business Innovation and Skills
- Welsh Advisory Government
- ESRC
- Economic and Social Research Council [ES/J021342/1, ES/H02123X/1] Funding Source: researchfish
- ESRC [ES/J021342/1, ES/H02123X/1] Funding Source: UKRI
This study provides quantitative evidence on the local benefits and costs of wind farm developments in England and Wales, focussing on their visual environmental impacts. In the tradition of studies in environmental, public and urban economics, housing sales prices are used to reveal local preferences for views of wind farm developments. Estimation is based on quasi-experimental research designs that compare price changes occurring in places where wind farms become visible, with price changes in appropriate comparison groups. These groups include places close to wind farms that became visible in the past, or where they will become operational in the future and places close to wind farms sites but where the turbines are hidden by the terrain. All these comparisons suggest that wind farm visibility reduces local house prices, and the implied visual environmental costs are substantial. (C) 2015 Elsevier Inc. All rights reserved.
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