The On-Farm and Near-Farm Effects of Wind Turbines on Agricultural Land Values

被引:9
作者
Sampson, Gabriel S. [1 ]
Perry, Edward D. [1 ]
Taylor, Mykel R. [1 ]
机构
[1] Kansas State Univ, Dept Agr Econ, Manhattan, KS 66506 USA
关键词
farmland; hedonic; land values; turbines; valuation; wind; IMPACT; SHORE; US;
D O I
10.22004/ag.econ.302463
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
We estimate the effects of utility-scale wind turbines on agricultural land values in Kansas using parcel-level transaction data from 2001 to 2017 in a hedonic price model. By matching transaction data and wind turbine data at the common land units scale, we are able to ascertain on-farm effects as well as near-farm effects. Across all our analyses, the preponderance of results suggests that wind turbines do not affect agricultural property values, either on-farm or nearby, in a statistically significant way. Thus, our results cannot confirm that wind turbines will increase land values when installed on a parcel.
引用
收藏
页码:410 / +
页数:22
相关论文
共 48 条
  • [1] American Wind Energy Association, 2019, WIND EN KANS
  • [2] Baker S, 2018, ILLINOIS SOC PROFESS
  • [3] Berkeley Lab, 2019, WIND POW PURCH AGR P
  • [4] NIMBY, not, in siting community wind farms
    Boyle, Kevin J.
    Boatwright, Jessica
    Brahma, Sreeya
    Xu, Weibin
    [J]. RESOURCE AND ENERGY ECONOMICS, 2019, 57 : 85 - 100
  • [5] Center for Economic Development and Business Research, 2019, WIND PROJ EFF KANS C
  • [6] Chen T., 2019, ANN M AGR APPL EC AS
  • [7] THE PROBLEM OF SOCIAL COST
    COASE, RH
    [J]. JOURNAL OF LAW & ECONOMICS, 1960, 3 (OCT) : 1 - 44
  • [8] Davis W., 2018, FARMPROGRESS
  • [9] Dodge Z., 2019, KOAM NEWS NOW
  • [10] Specification and estimation of spatial panel data models
    Elhorst, JP
    [J]. INTERNATIONAL REGIONAL SCIENCE REVIEW, 2003, 26 (03) : 244 - 268