Does the construction of biogas plants affect local property values?

被引：12
|
作者：
Modica, Marco [1 ]
机构：
[1] IRCrES CNR, Res Inst Sustainable Econ Growth, Via Corti 12, I-20133 Milan, Italy
来源：
ECONOMICS LETTERS | 2017年 / 159卷
基金：
欧盟地平线“2020”;
关键词：
Urban housing market; Biogas plant; Undesirable facilities; Quasi-experiment; IMPACT; SITES;
D O I：
10.1016/j.econlet.2017.07.030
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Although biogas is considered a renewable source of energy, the social acceptability of biogas plants is controversial due to resistance from local communities who are afraid of potential local negative externalities. This paper aims to investigate this claim, by means of a diff-in-diff model, using evidence from the housing market of Piedmont, where 167 biogas plants were opened between 2006 and 2015. The results show no significant impact of the opening of a biogas plant on housing values in neighboring areas. (C) 2017 Elsevier B.V. All rights reserved.
引用
收藏
页码：169 / 172
页数：4
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