Resource Documents by Madlener, Reinhard
Sunak, Yasin; and Madlener, Reinhard
Local impacts of wind farms on property values: A spatial difference-in-differences analysis
[ABSTRACT] Today’s investment decisions in large-scale onshore wind projects in Germany are no longer determined only by the investment’s economic benefit, but also by concerns associated to social acceptance. Despite a mostly positive attitude towards the expansion of wind power, local public concerns often stem from the belief that the proximity to large-scale wind farms may lead to a decrease in property prices. In particular, the change in landscape caused by the construction of a wind farm may have an . . . Complete article »
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