Space and Growth: A Survey of Empirical Evidence and Methods

M.A. Abreu, H.L.F. de Groot, R.J.G.M. Florax

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Abstract

The impact of industrial sites on residential property values: a hedonic pricing analysis from the Netherlands, Regional Studies. Industrial sites cause several negative externalities. In order to quantify these negative effects, the impact of distance to industrial sites on residential property values is estimated. Data on houses sold in the Randstad region and in the Province of North-Brabant (both located in the Netherlands) in the year 2005 are used, together with data on the characteristics of industrial sites in the same regions and period. The distance to an industrial site exhibits a statistically significant negative effect on the value of residential properties. However, the effect is largely localized within a relatively short distance from the nearest industrial site. © 2011 Regional Studies Association.
Original languageEnglish
Place of PublicationAmsterdam
PublisherTinbergen Instituut (TI)
Number of pages31
DOIs
Publication statusPublished - 2004

Publication series

NameTI discussion paper
No.2004-129/3

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