DOES SMALL DAM REMOVAL AFFECT LOCAL PROPERTY VALUES? AN EMPIRICAL ANALYSIS

Bill Provencher, Helen Sarakinos and Tanya Meyer

Contemporary Economic Policy, 2008, vol. 26, issue 2, 187-197

Abstract: This paper uses hedonic analysis to examine the impact of small dam removal on property values in south‐central Wisconsin. Data on residential property sales were obtained for three categories of sites: those where a small dam remains intact, those where a small dam was removed, and those where a river or stream has been free‐flowing for at least 20 yr. The primary conclusions that emerge from the data are that shoreline frontage along small impoundments confers no increase in residential property value compared to frontage along free‐flowing streams and that nonfrontage residential property located in the vicinity of a free‐flowing stream is more valuable than similar nonfrontage property in the vicinity of a small impoundment. (JEL Q2, Q25, Q5, Q51)

Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
https://doi.org/10.1111/j.1465-7287.2008.00107.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:coecpo:v:26:y:2008:i:2:p:187-197

Ordering information: This journal article can be ordered from
https://ordering.onl ... 5-7287&ref=1465-7287

Access Statistics for this article

Contemporary Economic Policy is currently edited by Brad R. Humphreys

More articles in Contemporary Economic Policy from Western Economic Association International Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().