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.