Modica, Marco (2018) Does the construction of biogas plants affect local property values? Working Paper. IRCRES-CNR, Torino.
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Abstract
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.
| Item Type: | Monograph (Working Paper) |
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| Additional Information: | Fa parte della collana del CNR Working Paper IRCrES anno 4, numero 6, agosto 2018. ISSN (on line) 2421-7158 |
| Uncontrolled Keywords: | Urban housing market; biogas plant; undesirable facilities; quasi-experiment |
| Subjects: | 300 Scienze sociali > 330 Economia |
| Depositing User: | Marco Modica |
| Date Deposited: | 14 Sep 2018 10:50 |
| Last Modified: | 14 Sep 2018 10:50 |
| URI: | http://eprints.bice.rm.cnr.it/id/eprint/18244 |
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