TY - JOUR
TI - The On-Farm and Near-Farm Effects of Wind Turbines on Agricultural Land Values
AU - Sampson, G
AU - Perry, E
AU - Tayler, M
T2 - Journal of Agricultural and Resource Economics
AB - We estimate the effects of utility-scale wind turbines on agricultural land values in Kansas using parcel-level transaction data from 2001 to 2017 in a hedonic price model. By matching transaction data and wind turbine data at the common land units scale, we are able to ascertain on-farm effects as well as near-farm effects. Across all our analyses, the preponderance of results suggests that wind turbines do not affect agricultural property values, both on-farm and nearby, in a statistically significant way. Thus, our results cannot confirm that wind turbines will increase land values when installed on a parcel.
DA - 2020/09//
PY - 2020
VL - 45
IS - 3
SP - 410
EP - 427
UR - https://ageconsearch.umn.edu/record/302463
DO - 10.22004/ag.econ.302463
LA - English
KW - Wind Energy
KW - Land-Based Wind
KW - Human Dimensions
KW - Social & Economic Data
ER -