Nitrates and Property Values
Emmanuelle Lavaine () and
Additional contact information
Emmanuelle Lavaine: CEE-M - Centre d'Economie de l'Environnement - Montpellier - FRE2010 - INRA - Institut National de la Recherche Agronomique - UM - Université de Montpellier - CNRS - Centre National de la Recherche Scientifique - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier
Henrik Anderson: TSE - Toulouse School of Economics - UT1 - Université Toulouse 1 Capitole - CNRS - Centre National de la Recherche Scientifique - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales
Post-Print from HAL
This paper examines the effect of properties being located in vulnerable zones interm of nitrates on the property prices using a change in the classification of vulnerablezones in France in 2012. Using an identification strategy based on a spatial difference-in-differences specification, we show that the revision of the classification significantlydecreased not only property prices in zones that became classified as vulnerable afterthe revision, but also those of properties already classified as vulnerable. However,the effect was stronger for the former, 10% vs. 5%, and this differences may reflect adifference in how zones are classified. The risks covered in the 2012 classification covera broader range of risks, and hence the larger price effect may reflect this additionalperceived risk exposure.
Keywords: Hedonic Price Analysis; difference in difference (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr and nep-ure
Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-02048555
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Published in 5th French Association of Environmental Economists (FAERE) Annual Conference, Aug 2018, Marseille, France
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02048555
Access Statistics for this paper
More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().