Abstract

ABSTRACT:

The lack of consensus in the literature on wind turbines and property values suggests that factors such as attitudes toward wind energy may influence whether turbines will impact property values. Based on identified attitudes at the municipality level in the Canadian province of Ontario, this study compares impacts on property values, estimated using a difference-in-differences hedonic approach, between municipalities that oppose wind energy development and those that have not expressed opposition. The results indicate that wind turbines have negatively impacted property values in "unwilling host" municipalities, while no significant impacts are found in unopposed municipalities. (JEL R11, R52)

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Additional Information

ISSN
1543-8325
Print ISSN
0023-7639
Pages
pp. 496-516
Launched on MUSE
2018-10-15
Open Access
No
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