Evaluate the Impacts of Wind Farm Facilities on Land Values with Geographically-Linked Microdata in China

被引：3

作者：

Mei, Yingdan ^{[1
]}

Liu, Pengfei ^{[2
]}

Meng, Lina ^{[3
,4
]}

Lin, Lu ^{[5
]}

机构：

[1] Renmin Univ China, Sch Appl Econ, Beijing 100872, Peoples R China

[2] Univ Rhode Isl, Dept Environm & Nat Resources Econ, Kingston, RI 02881 USA

[3] Xiamen Univ, Sch Econ, Xiamen 361005, Fujian, Peoples R China

[4] Xiamen Univ, Wang Yanan Inst Studies Econ, Xiamen 361005, Fujian, Peoples R China

[5] China Univ Petr, Sch Econ & Management, Beijing 102249, Peoples R China

来源：

ENVIRONMENTAL & RESOURCE ECONOMICS | 2024年 / 87卷 / 02期

基金：

中国国家自然科学基金;

关键词：

Wind farms; Land values; Renewable energy; Difference-in-differences; RENEWABLE ENERGY; OFFSHORE WIND; NEGATIVE EXTERNALITIES; POLLUTION; INVESTMENT; TURBINES; NOISE;

D O I：

10.1007/s10640-023-00790-6

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study explores the impact of wind facilities on land values based on wind farm construction and land transaction datasets in China from 2005 to 2017. We implement a two-way fixed effects model to estimate the causal effects of the siting of wind farms on land prices. Our results show that the siting of wind farms significantly impacts land transaction prices. On average, land parcels located within 10 km of a wind farm enjoy a 4.78% price premium. However, land parcels located within 1 to 3 km of a wind farm experience depreciation, while lands located within 3 to 6 km of a wind turbine experience an increase on average. We further find that offshore wind farms are viewed more favorably by nearby residents compared to inland wind farms.

引用

页码：465 / 489

页数：25