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Not in my backyard: A hedonic approach to the construction timeline of wind turbines in Flanders, Belgium
Land Use Policy ( IF 6.0 ) Pub Date : 2021-05-25 , DOI: 10.1016/j.landusepol.2021.105527
Machteld Joly , Simon De Jaeger

This article develops a hedonic difference-in-difference model for the potential impact of on-shore wind turbines on the property prices of two residential housing markets in Flanders, Belgium. The proposed empirical framework acknowledges the possibility of anticipation and time effects. The hedonic model is estimated using a property transaction data set ranging from 2004 to 2017 for the East and West Flanders areas, which are linked to available geographic wind turbine data. We find robust results in our time effects model for properties situated between 1000 and 3000 m of a wind turbine, suggesting a negative anticipation effect persisting after the actual construction in East and West Flanders. Due to the low observation count for properties situated closer than 1000 m, no robust generalization can be made for the anticipation and time effects.



中文翻译:

不在我的后院:比利时法兰德斯的风力发电机建造时间表的享乐主义方法

本文开发了享乐主义的差异模型,用于研究陆上风力涡轮机对比利时富兰德两个住宅市场的房地产价格的潜在影响。拟议的经验框架承认预期和时间效应的可能性。使用东弗兰德地区和西弗拉芒地区的房地产交易数据集(范围为2004年至2017年)估计享乐模型,这些数据集与可用的地理风力涡轮机数据相关联。我们在时间效应模型中针对风力涡轮机1000至3000 m之间的属性发现了可靠的结果,这表明在东西弗拉芒地区实际建设之后,负面的预期效应仍然存在。由于对距离小于1000 m的物业的观测次数很少,

更新日期:2021-05-25
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