DO HIGH-VOLTAGE ELECTRIC TRANSMISSION-LINES AFFECT PROPERTY VALUE

被引:58
作者
HAMILTON, SW [1 ]
SCHWANN, GM [1 ]
机构
[1] UNIV SO CALIF,LUSK CTR REAL ESTATE DEV,LOS ANGELES,CA 90089
关键词
D O I
10.2307/3146709
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper empirically analyzes the impact of high voltage (defined as 69,000 volts or greater) electric transmission fines on the prices of nearby single detached houses. The study demonstrates the importance of using the correct function specification and correcting for (commonly found) heteroscedasticity. We find the electric transmission lines do have an effect on property value, but such effects are restricted to a narrow band and are primarily due to the visual externalities of the transmission towers. (JEL Q24, R14)
引用
收藏
页码:436 / 444
页数:9
相关论文
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